Technical analysis for February 19, 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 1,2610/30 resistance

For short-term sells on condition of formation of topping signals the targets will be 1,2540/60, 1,2480/1,2500 and/or further breakout variant up to 1,2420/40, 1,2340/60, 1,2280/1,2300.
An alternative for buyers will be below 1.2680 with targets 1,2720/40, 1,2780/1,2800, 1,2880/1,2920.

GBPUSD:
* Range 1,4290/1,4320

For short-term sells on condition of formation of topping signals the targets will be 1,4200/20, 1,4120/40, 1,4060/80 and/or further breakout variant up to 1,4000/20, 1,3900/40, 1,3780/1,3820.
An alternative for buyers will be below 1.440 with targets 1,4460/80, 1,4540/60, 1,4600/20.

USDJPY:
* Range 93,00/20 support

For short-term buyers on condition of formation of topping signals the targets will be 93,60/80, 94,00/20 and/or further breakout variant up to 94,60/80, 95,20/40.
An alternative for sells will be below 92,60 с целями 92,00/20, 91,40/60.