Technical analysis for February 13, 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 1.2860/80 supports

For short-term buying positions on condition of formation of topping signals the targets will be 1.2920/40 and/or further breakout variant up to 1.2980/1.3000, 1.3040/60, and 1.3100/20.
An alternative for sells will be below 1.2800 with targets 1.2720/40, 1.2660/80.

GBPUSD:
* Range 1.4300/1.4320 supports

For short-term buying positions on condition of formation of topping signals the targets will be 1.4380/1.4400, 1.4460/1.4500 and/or further breakout variant up to 1.4560/80, 1.4640/60, 1.4780/1.4840.
An alternative for sells will be below 1.4240 with targets 1.4160/80, 1.4000/20, 1.3780/1.3840.

USDJPY:
* Range 90.60/70

For short-term buying positions on condition of formation of topping signals the targets will be 91.00/10, 91.30/40 and/or further breakout variant up to 91.70/80, 92.00/10, 92.30/40.
An alternative for sells will be below 90.20 with targets 89.80/90, 89.40/50.