1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Daily Technical Analysis by FXCC 09Dec2011

Discussion in 'Market Predictions and Reports' started by alayoua, Dec 9, 2011.

  1. alayoua

    alayoua Banned

    Joined:
    Jul 19, 2011
    Messages:
    0
    Likes Received:
    0
    Daily Technical Analysis by FXCC 09Dec2011

    Euro vs US Dollar Overall the direction remains unclear. EURUSD might close below (1.32789). If seen this will call for more declines to the (1.30955) level. Further down, support is located at (1.30218). Alternatively, above the (1.34400) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.37034).
    We should wait for a clearer outlook on EURUSD.

    [​IMG]

    R1: 1.34170| R2: 1.34729| R3: 1.35210| R4: 1.36067| R5: 1.37034
    S1: 1.32940| S2: 1.31922| S3: 1.30955| S4: 1.30218| S5: 1.29818


    Great Britian Pound vs US Dollar GBPUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.
    A close above (1.57797) will call for (1.58883), and Loss of (1.55844) sees (1.54095).
    We need to hold for today.

    [​IMG]

    R1: 1.57176| R2: 1.57697| R3: 1.58290| R4: 1.58883| R5: 1.59886
    S1: 1.55691| S2: 1.55098| S3: 1.54095| S4: 1.53502| S5: 1.53002


    US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.
    A close above (77.940) will call for (79.543), and Loss of (77.028) sees (76.182).
    We prefer to wait for break of upper or lower barrier.

    [​IMG]

    R1: 78.110| R2: 78.575| R3: 79.243| R4: 79.543| R5: 79.843
    S1: 77.331| S2: 76.850| S3: 76.182| S4: 75.882| S5: 75.582


    Source: FX Central Clearing Ltd. (FXCC)
    Technical Analysis
     

Share This Page