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Prices EUR / USD close to the level of support 1.4070/60

Jul 16th, 2009 | By admin | Category: News International Markets

USD /JPY

As part of the back progress in testing the price level of support 94.00. If they succeed in overcoming it, wait for further falls, the primary purpose of which is likely to become a mark 93.60/50. In favor of such an outcome suggests that, at the 4-hour graph (Figure 1) trend indicator OsMA acquires a downward direction. Down turned and the two oscillator. At the time schedule (Fig. 2) OsMA confidently turned down, thus reaffirming the presumption of the possibility of a breakthrough this level of support and the continuation of a downward phase of the movement. SS and RSI also sent down. However, SS has already entered the zone pereprodannosti. Therefore, it is likely that the price before continuing drop back to the 94.50 mark.

So, 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 level of 94.00.

Support: 94.10/00, 93.60/50, 93.20/00, 92.85/70, 92.40, 92.00, 91.55, 91.00, 90.70, 90.00, 89.70, 89.00, 88.40, 88.00.

Resistance: 94.50/60, 94.90/95.00, 95.30/40, 95.90/96.00, 96.30, 96.60, 97.00, 97.50/75, 98.00, 98.35, 98.60, 98.90/99.00, 99.40/60, 100.00.

USD /CHF

prices move to the level of resistance of 1.0800. If he will be overcome to continue growth, the primary purpose of which is likely to become a mark 1.0840/50. On the possibility of such an outcome suggests that, at the 4-hour graph (Fig.3) trend indicator OsMA gained upward thrust. Top aimed both oscillator. At the time schedule (Fig. 4) OsMA confidently directed upwards, thus reaffirming the presumption of the possibility of a breakthrough thislevel of resistance and continue the upward movement phase. At the same time, SS and the RSI are prepared to turn in the opposite direction. Therefore, do not exclude the possibility that the price before continuing rise back toward 1.0760.

Given the above, in my opinion, is to wait for confirmation of a breakthrough price of 1.0800 and only then consider the possibility of opening positions on pokupkus a close stop-loss.

Support: 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: 1.0800, 1.0840/50, 1.0900, 1.0935/40, 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

prices closer to the level of support 1.4070/60. If they can overcome it, will continue to drop, the primary purpose of which is likely to become a mark 1.4030, and, further, 1.4000. On the probability of such an outcome suggests that, at the 4-hour shift (Fig. 5) trend indicator OsMA sent down. In the same direction and looking SS, and RSI. At the time schedule (Fig. 6) OsMA both oscillator, in contrast, gained upward direction, thus signaling to the fact that prices may make another attempt to fix above the 1.4100 resistance.

In the light of the above, in my opinion, is to wait for clarification of the situation and only then take any commercial decisions. With breakthrough price-level support 1.4070/60 consider opening positions for the sale with a close stop-loss.

Support: 1.4070/60, 1.4030, 1.4000, 1.3960, 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.

Resistance: 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 move to the level of support 1.6370. If he will be overcome to continue falling to 1.6340 mark and, further, 1.6300. In favor of such an outcome suggests that the trend indicator OsMA at 4-hour graph (Fig.7) confidently sent down. Down turned oscillator and SS. At the same time, RSI has scheduled turn in the opposite direction. It is therefore not totally exclude the possibility of rollback to the level of 1.6400. At the time graph (Fig.8) OsMA turned down, thus reaffirming the presumption of the possibility of a breakthrough this level of support and further the fall. SS entered the zone pereprodannosti, RSI is unfolding in the direction of bull, demonstrating in favor of the return move.

So, in my opinion, the possibility of opening positions on the market with a close stop-loss is considered only after the confirmation of a breakthrough price support level 1.6370.

Support: 1.6370, 1.6340, 1.6300, 1.6275/70, 1.6230, 1.6200, 1.6170, 1.6140/30, 1.6100, 1.6060, 1.6000, 1.5975/60, 15930, 15900, 1.5840, 1.5800, 1.5770, 1.5700, 1.5660, 1.5620/00, 1.5500.

Resistance: 1.6400, 1.6430, 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.

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