Technical analysis for February 12, 2009

* the possibility of pair return to supports or resistance, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour based on candlestick patterns).


EURUSD:
* Range 1,2980/1,3000 resistance

For short-term sells on condition of formation of topping signals the targets will be 1,2920/40, 1,2840/60, 1,2780/1,2800 and/or further breakout variant up to 1,2720/40, 1,2660/80.
An alternative for buyers will be above 1,3100 with targets1,3160/80, 1,3220/40, 1,3300/20.

GBPUSD:
* Range 1,4440/60 resistance

For short-term sells on condition of formation of topping signals the targets will be 1,4340/60, 1,4260/80, 1,4180/1,4200 and/or further breakout variant up to 1,4120/40, 1,4060/80, 1,3980/1,4000.
An alternative for buyers will be above 1,4600 with targets 1,4660/80, 1,4740/60.

USDJPY:
* Range 90,40/60

For short-term sells on condition of formation of topping signals the targets will be 89,80/90,00, 89,20/40 and/or further breakout variant up to 88,60/80, 88,00/20, 87,20/60.
An alternative for buyers will be above 91,00 with targets 91,40/60, 92,00/20