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Tuesday, March 10, 2009

Technical analysis for March 10, 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 1,2600/20

For short-term buying positions on condition of formation of topping signals the targets will be 1,2660/80, 1,2740/60, 1,2800/20 and/or further breakout variant up to 1,2860/80, 1,2940/60, 1,3000/20 .

An alternative for sells will be below 1.2550 with targets 1,2490/1,2510, 1,2420/40, 1,2380/1,2400.

GBPUSD:
* Range 1,3890/1,3910 resistance


For short-term sells on condition of formation of topping signals the targets will be 1,3810/30, 1,3720/40 and/or further breakout variant up to 1,3620/40, 1,3500/40.
An alternative for buyers will be above 1.4040 with targets 1,4080/1,4100, 1,4160/80, 1,4260/1,4300.

USDJPY:
* Range 98,60/80 resistance


For short-term sells on condition of formation of topping signals the targets will be 98,00/20, 97,60/80 and/or further breakout variant up to 97,00/20, 96,60/80.
An alternative for buyers will be above 99.80 with targets 100,20/40, 100,80/101,00, 101,60/80.








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