Technical analysis for February 18, 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 1,2620/40 resistance

For short-term sells on condition of formation of topping signals the targets will be 1,2560/80, 1,2480/1,2520 and/or further breakout variant up to 1,2400/20, 1,2340/60, 1,2280/1,2300.
An alternative for buyers will be below 1.2700 with targets1,2740/60, 1,2800/20, 1,2860/80.

GBPUSD:
* Range 1,4360/80

For short-term sells on condition of formation of topping signals the targets will be 1,4280/1,4300, 1,4180/1,4220, 1,4080/1,4120 and/or further breakout variant up to 1,4000/20, 1,3920/40, 1,3780/1,3820.
An alternative for buyers will be below 1.4440 with targets 1,4480/1,4500, 1,4560/80, 1,4720/40.

USDJPY:
* Range 92,00/20 support

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