Monday, April 27, 2009

Fortis Bank. Technical opinion 27-4-09


Euro / dollar
Intraday strategy
The pair is close to testing support at 1.3110. In order to maintain an ascending projection and movement to this level of 1.3180 should not penetrate. Otherwise, perhaps a further easing to 1.3045.
Medium-term forecast
To justify the bullish outlook, the couple must hold above support at 1.2925. Then the possible increase to the next level of resistance at 1.3350 and 1.3700.
Internal resistance levels 1.3180, 1.3205
Local levels of support 1.3110, 1.3045
Dollar / yen
Intraday strategy
While the holes do not resist at 97.00, there is a negative outlook with the prospect of falling to 96.05. Only a break above 97.00 нивелирует bearish outlook and result in an increase to the next resistance at 97.60.
Medium-term forecast
Leap through the support of 2009 means the risk of further fall to 96.00 and 94.30.
Internal resistance levels 97.00, 97.60
Local levels of support 96.05/95.95, 95.35
Euro / Pound
Intraday strategy
If the pair hold above support at 0.9000, you can expect to move towards 0.9090 and 0.9120. Otherwise, do not avoid a deeper correction to 0.8975.
Medium-term forecast
Couple caught in the wide range between the level of resistance at 0.9300 and support at 0.8820. In order to maintain an ascending projection and movement to a pair of 0.9150 should hold higher levels of support.
Internal resistance levels 0.9090, 0.9120
Local levels of support 0.9000, 0.8975

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