Technical analysis for February 16, 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 1,2800/20 resistance

For short-term sells on condition of formation of topping signals the targets will be 1.2740/60, 1.2680/1.2700 and/or further breakout variant up to 1.2620/40, 1.2560/80, 1.2500/20, 1.2440/60. An alternative for buyers will be below 1.2920 with targets 1.2960/80, 1.3020/40, 1.3080/1.3100.

GBPUSD:
* Range 1,4260/80

For short-term sells on condition of formation of topping signals the targets will be 1.4180/1.4200, 1.4100/20 and/or further breakout variant up to 1.4020/40, 1.3940/60, 1.3820/40.
An alternative for buyers will be below 1.4460 with targets 1.4500/20, 1.4580/1.4600.

USDJPY:
* Range 91,80/92,00

For short-term sells on condition of formation of topping signals the targets will be 91,20/40, 90,60/80 and/or further breakout variant up to 90,00/20, 89,60/80.
An alternative for buyers will be below 92,40 с целями 92,80/93,00, 93,40/60, 94,00/20.