Technical analysis for Ianuary 19, 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 1,3240/60

For short-term sells on condition of formation of topping signals the targets will be 1,3300/20, 1,3360/80, 1,3420/40 and/or further breakout variant up to 1,3500/20, 1,3580/1,3600, 1,3700/20 .

An alternative for buyers will be above 1,3140 with targets 1,3080/1,3100, 1,3020/40, 1,2960/80.

GBPUSD:
*Range 1,4920/60

For buying positions on condition of formation of topping signals the targets will be 1,4860/80, 1,4920/40 and/or further breakout variant up to 1,4520/40, 1,4460/80, 1,4350/70.

USDJPY:
*Range 89,70/90

For buying positions on condition of formation of topping signals the targets will be 90.40/60, 90.90/91.00, 91.0/80 and/or further breakout variant up to 92.20/40, 92.80/93.00, 93.40/60.

An alternative for sells will be below 89.20 with targets 88.60/80, 88.00/20, 87.40/60