Technical analysis for April 03, 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 1,3380/1,3400

For short-term buying positions on condition of formation of topping signals the targets will be 1,3440/60, 1,3500/20 and/or further breakout variant up to 1,3560/80, 1,3620/40, 1,3680/1,3720.
An alternative for sells will be below 1.3280 with targets 1,3220/40, 1,3160/80, 1,3080/1,3100.

GBPUSD:
* Range 1,4630/50 support

For short-term buying positions on condition of formation of topping signals the targets will be 1,4690/1,4710, 1,4780/1,4810 and/or further breakout variant up to 1,4860/80, 1,4920/40, 1,4980/1,5020 .


USDJPY:
* Range 99,20/40 support

For short-term buying positions on condition of formation of topping signals the targets will be 99,80/100,00, 100,20/40 and/or further breakout variant up to 100,80/101,00, 101,80/102,00, 102,80/103,20.
An alternative for sells will be below 98.80 with targets 98,20/40, 97,60/80, 97,00/20.