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Daily Technical Analysis by FXCC 13Dec11

Discussion in 'Market Predictions and Reports' started by alayoua, Dec 13, 2011.

  1. alayoua

    alayoua Banned

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    Daily Technical Analysis by FXCC 13Dec11

    Euro vs. US Dollar (EURUSD): We see high chances of the pair move down gradually towards (1.30261 – 1.28893). A proper confirmation would occur if the EURUSD will manage to close below the (1.31069) support over today`s trading session. Try to sell on rallies with a stop loss above (1.34438).

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    R1: 1.32437| R2: 1.32889| R3: 1.33331| R4: 1.33744| R5: 1.34278
    S1: 1.31069| S2: 1.30261| S3: 1.28893| S4: 1.28085| S5: 1.2768

    Great Britain Pound vs. US Dollar (GBPUSD): We see high chances of the pair move in a range between (1.56675 – 1.55270). A proper move above (1.56675) confirms a probable rally towards (1.58329). However, if GBPUSD manage to close below (1.55270) will support a call for bid tone.
    You may try to buy from lower border and/or sell from upper border.

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    R1: 1.56375| R2: 1.57124| R3: 1.57672| R4: 1.58329| R5: 1.58877
    S1: 1.55262| S2: 1.54714| S3: 1.54057| S4: 1.53509| S5: 1.53009


    US Dollar vs. Japanese Yen USDJPY (USDJPY): Overall the direction remains unclear. USDJPY might close below (77.028). If seen this will call for more declines to the (76.604) level. Further down, support is located at (76.304). Alternatively, above the (78.102) level it will to be traded to resume its medium term uptrend towards its important resistance at (79.628). You may try to buy from lower border and/or sell from upper border.

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    R1: 78.272| R2: 78.728| R3: 79.028| R4: 79.328| R5: 79.628
    S1: 77.360| S2: 76.904| S3: 76.604| S4: 76.304| S5: 76.004

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

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