Technical analysis for February 02, 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 1,2780/1,2800 resistance

For short-term buying positions on condition of formation of topping signals the targets will be 1.2860/80, 1.2920/40 and/or further breakout variant up to 1.2980/1.3000, 1.3060/80, 1.3180/1.3200.
An alternative for sells will be below 1.2700 with targets 1.2620/40, 1.2560/80, 1.2380/1.2420.


GBPUSD:
* Range 1,4200/40

For short-term sells on condition of formation of topping signals the targets will be 1.4140/60, 1.4020/40, 1.3900/40 and/or further breakout variant up to 1.3820/40, 1.3700/40, 1.3480/1.3540. An alternative for buyers will be above 1.4320 with targets 1.4360/80, 1.4420/40, 1.4480/1.4520.

USDJPY:
* Range 89,00/20 support

For short-term sells on condition of formation of topping signals the targets will be 89.20/40, 88.60/80 and/or further breakout variant up to 88.00/20, 87.40/60, 86.80/87.00.
An alternative for buyers will be above 91.00 with targets 91.40/60, 92.00/40, 93.00/40.