Monday, April 20, 2009

Fortis Bank. Technical Analysis


Euro / dollar
Intraday strategy
If the pair hold above the 1.2960/40 support, it will lead to the development of a rising movement to prevent and 1.3075 to 1.2840 decline.
Medium-term forecast
To preserve the ascending projection of motion and to 1.3700, the euro should remain above 1.2940. This will help avoid weakening to a line of support for the 2008/2009 year 1.2500 - next support at ways to reduce.
Internal resistance levels 1.3020, 1.3075
Local levels of support 1.2960/40, 1.2840
Dollar / yen
Intraday strategy
The pair must hold above support at 98.65/50. Then growth is possible, first to 99.40/50 and then to 99.85 and 97.55 to reduce prevention.
Medium-term forecast
To save the bovine prediction and possible motion to 102.75, the couple must hold above the 96.70 support.
Internal resistance levels 99.40/50, 99.85
Local levels of support 98.65/50, 97.55
Euro / Pound
Intraday strategy
Support at 0.8870, objective at 0.8915 next.
Medium-term forecast
The pair might be partially restored after the fall, with a resistance level of 0.9020/0.9070 speak, but in the future are likely to resume falling to 0.8640.
Internal resistance levels 0.8870, 0.8915
Local levels of support 0.8830, 0.8795

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