Technical analysis for Ianuary 15, 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, 30 min based on candlestick patterns )

EURUSD:
*Range 1.3220/40

For short-term sells on condition of formation of topping signals the targets will be 1.3160/80, 1.3100/20, 1.3040/60 and/or further breakout variant up to 1.2980/1.3000, 1.2920/40, 1.2820/40.

An alternative for buyers will be above 1.3340 with targets 1.3380/1.3400, 1.3450/70, 1.3560/80.

GBPUSD:
*Range 1.4700/40 resistance

For short-term sells on condition of formation of topping signals the targets will be 1.4620/40, 1.4560/80, 1.4460/1.4500 and/or further breakout variant up to 1.4380/1.4400, 1.4300/40.

An alternative for buyers will be above 1.4840 with targets 1.4880/1.4900, 1.4960/80, 1.5020/40.

USDJPY:
*Range 89.60/80 resistance

For short-term sells on condition of formation of topping signals the targets will be 89.00/20, 88.40/60 and/or further breakout variant up to 87.80/88.00, 87.20/40, 86.80/87.00.

An alternative for buyers will be above 90.60 with targets 91.20/40, 92.00/20, 92.60/80.