Prices pair EUR / USD tried to fix the level of resistance above 1.3960

Written by admin on June 27th, 2009

USD /JPY

Prices testing the resistance level of 96.30. If he will be overcome to continue growth, the primary purpose of which is likely to become a mark 96.60. The probability of such an outcome suggests that the trend indicator OsMA at 4-hour graph (Figure 1) directed upwards. At the same time, SS went to the zone perekuplennosti and RSI has scheduled a turn down. It is therefore not totally exclude the possibility of back progress toward 96.00/95.90. At the time schedule (Fig. 2), the situation is the same way. OsMA turned up, thus reaffirming the presumption of the possibility of continuing the upward movement. RSI charted the spread down. SS, as in the 4H, included in the zone perekuplennosti. All this suggests the probability of rollback.

So, in my opinion, the possibility of opening positions on the purchase with a close stop-loss is considered only after the confirmation of a breakthrough level of resistance 96.30.

Support: 96.00/95.90, 95.40/30, 95.00/94.90, 94.60/50, 94.10/00, 93.60/50, 93.20/00, 92.80/75, 92.40, 92.00, 91.55, 91.00, 90.70, 90.00.

Resistance: 96.30, 96.60, 97.00, 97.50/75, 98.00, 98.35, 98.60, 98.90/99.00, 99.40/60, 100.00, 100.50, 101.00, 101.40/50, 101.70, 102.00/10, 102.60, 102.90, 103.60, 104.00.

USD /CHF

After strong growth, due to information about currency intervention SHNB prices entered a phase of consolidation in the range, limited levels of 1.0960 - 1.0995. At the moment they are trying to overcome its lower limit. If it is reversed, the decline continues, the primary purpose of which is likely to become a mark 1.0900. However, at the 4-hour graph (Fig.3) trend indicator OsMA quite confidently turned up. Therefore, it is likely that prices will not be able to penetrate the specified point and resume growth. At the time schedule (Fig. 4) OsMA directed downward, thereby signaling a breakthrough in favor of the lower limit of the channel and the further fall. SS and the RSI are deployed in the direction of bull that is in favor of the early phase of growth in the range.

Given the above, in my opinion, is to wait for clarification before making any trading decisions. Positions for purchase with a close stop-loss to open only after the confirmation of a breakthrough level of 1.1000. If you break the lower limit of the channel - selling.

Support: 1.0940/35, 1.0900, 1.0850/40, 1.0800, 1.0760, 1.0730, 1.0700, 1.0650/30, 1.0615/00, 1.0550, 1.0500/1.0490, 1.0400, 1.0350, 1.0300, 1.0250, 1.0200, 1.0175, 1.0130, 1.0100, 1.0070.

Resistance: 1.0970, 1.1000/10, 1.1050/60, 1.1100/20, 1.1150, 1.1200/15, 1.1270, 1.1320, 1.1375, 1.1400, 1.1450.

EUR /USD

trying to fix prices above the resistance level of 1.3960. If they succeed, expect further growth, the primary purpose of which is likely to become a mark 1.4000. But at the 4-hour shift (Fig. 5) trend indicator OsMA confidently sent down. Therefore, it is possible that this level will not be passed, and prices ottolknuvshis him to resume the decline. RSI is preparing to deploy in the bear area, which also suggests the possibility of the beginning of the fall in prices. At the time schedule (Fig. 6) OsMA confidently turned up, indicating a breakthrough for this level of resistance and further price increases. SS and RSI turned raznonapravleno.

In the light of the above, in my opinion, it is advisable to wait for clarification of the situation and only then take any commercial decisions. When you break a mark 1.3960 may purchase short-term with a close stop-loss.

Support: 1.3900, 1.3860, 1.3840/30, 1.3800, 1.3780, 1.3740/30, 1.3700, 1.3680, 1.3630, 1.3600, 1.3560, 1.3500, 1.3460/50, 1.3400, 1.3370, 1.3340, 1.3300.

Resistance: 1.3960, 1.4000, 1.4030, 1.4070, 1.4100, 1.4140, 1.4200, 1.4230/50, 1.4280/83, 1.4320/30, 1.4360, 1.4400, 1.4430, 1.4465, 1.4500/15, 1.4540, 1.4585.

GBP /USD

Prices testing 1.6430 support level. If he will be overcome to continue falling, the primary purpose of which is likely to become a mark 1.6400. In favor of such an outcome suggests that the trend indicator OsMA at 4-hour graph (Fig.7) confidently turned down. Oscillators turned raznonapravleno. At the time graph (Fig.8) OsMA becomes a downward direction. Down and directed both the oscillator, which has not yet been served signs of turn. All this confirms the supposition about the possibility of a breakthrough price of 1.6430 support and the continuation of falling prices.

However, in my opinion, the possibility of opening positions on the market with a close stop-loss should be considered only after the confirmation of a breakthrough price of 1.6430.

Support: 1.6430, 1.6400, 1.6370, 1.6340, 1.6300, 1.6230, 1.6200, 1.6170, 1.6100, 1.6060, 1.6000, 1.5975/60, 15930, 15900, 1.5840, 1.5800, 1.5770, 1.5740, 1.5700.

Resistance: 1.6500, 1.6540, 1.6600, 1.6640, 1.6700, 1.6730, 1.6800, 1.6900, 1.6970, 1.7000, 1.7060, 1.7100, 1.7130, 1.7200, 1.7300, 1.7360.

At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 23.66 billion rubles
Continued reduction of secondary applications for unemployment positive impact on Russia's quotes
Speaking on the final winning Bears will be after the MICEX index probet down the levels of support for 880 and 850 points
Closure of the Russian market will be held at levels slightly below current
Analysis of Futures and Options on RTS index: the reduction should be continued
Expected performance of the investment program North-West IDC for 1 half of 2009 amount to 896.7 million rubles
Shareholders Lukoil elected Board of Directors consisting of 11 persons
Overview of the oil market for 24.06.09
Money funds have experienced heavy outflow of funds

 

Leave a Comment