Technical analysis for November 19, 2008

* range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(30 min)

EURUSD:
*Range 1.2500/20

For short-term buying positions on condition of formation of topping signals the targets will be 1.2560/80, 1.2620/40, 1.2700/20 and/or further breakout variant up to 1.2760/80, 1.2820/40, 1.2900/20.

An alternative for sells will be below 1.2460 with targets 1.2400/20, 1.2340/60, 1.2280/1.2300.


GBPUSD:
*Range 1.4840/60

For short-term buying positions on condition of formation of topping signals the targets will be 1.4920/40, 1.5000/20 and/or further breakout variant up to 1.5080/1.5100, 1.5160/80, 1.5240/60, 1.5300/20.

An alternative for sells will be below 1.4760 with targets 1.4660/80, 1.4580/1.4600, and 1.4500/20.

USDJPY:
*Range 96.00/10

For short-term buying positions on condition of formation of topping signals the targets will be 96.50/60, 96.90/97.00, 97.40/60 and/or further breakout variant up to 98.00/20, 98.60/80, 99.00/20.

An alternative for sells will be below 95.60 with targets 95.00/20, 94.40/60, 93.80/94.00.