Technical analysis for February 25, 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 1.2780/1.2800 supports

For short-term buying positions on condition of formation of topping signals the targets will be 1.2840/60, 1.2900/20, 1.3000/40 and/or further breakout variant up to 1.3080/1.3100, 1.3200/20, 1.3300/40.
An alternative for sells will be below 1.2700 with targets 1.2640/60, 1.2580/1.2600, and 1.2500/20.

GBPUSD:
* Range 1.4440/60 supports

For short-term buying positions on condition of formation of topping signals the targets will be 1.4520/40, 1.4600/20, 1.4680/1.4700 and/or further breakout variant up to 1.4760/80, 1.4840/60, 1.4960/1.5000.
An alternative for sells will be below 1.4360 with targets 1.4300/20, 1.4200/40, 1.4080/1.4120.

USDJPY:
* Range 96.40/60 support

For short-term buying positions on condition of formation of topping signals the targets will be 97.00/20, 97.60/80 and/or further breakout variant up to 98.00/20, 98.60/80, 99.00/20.
An alternative for sells will be below 95.40 with targets 94.80/95.00, 94.20/40, 93.60/80.