Friday, April 17, 2009

KBC Bank. Technical analysis on the major currency pairs


KBC Bank - Technical Analysis
EUR/USD (1.3064)
The fall of the level of 1.3581 to 1.3113 followed (line neck shape 'triple peak). . Field support at 1.3068 (today at least), followed 1.3032/1.3024 (break in the afternoon schedule of 17 March / base band Bollindzhera in the afternoon schedule of Perforation + 50-week moving average), followed by consolidation. Otherwise, it may move towards 1.2991 (line neck long-term double bottom in the afternoon schedule), followed by 1.2956 / .2946 (break for a week grafike/61.8% 1.2457 to 1.3739). This level will be difficult to pass at the first attempt. Resistance takes place in the area of 1.3140 (break time), the following levels of 1.3197 / 0.3216 (current maximum / short-term moving average in the afternoon schedule), then 1.3258/1.32721 (peak envelope in the afternoon schedule / medium-term moving average). 1.3324 = mid band Bollindzhera in the afternoon schedule, which in the past few days played the role of resistance.
USD/JPY (99.34)
At this time a couple came back below 99.31 and re-tested base of the channel from the annual minimum (which is now full-time schedules passes in 98.57). The first area of resistance at 99.51 (current maximum), followed by the levels of 99.74 / 99.85 (a breakthrough in the time schedule / peak envelope in the afternoon schedule + break in the afternoon schedule), then 100.72/86 (current weekly maximum / reaction time break), followed by consolidation. Otherwise, perhaps the movement towards 101.45/101.56 (new maximum recovery of 87.10 / 61.8% 87.10 to 110.67 + upper limit of the band Bollindzhera in the afternoon schedule). This level will be difficult to pass at the first attempt. The first area of support is at 98.66 / 98.57 (base of the envelope in the afternoon schedule + hour break), the following levels - 98.15 / 98.06 (current minimum/23.6% 87.10 to 101.45) and 97.85 / 97.78 (minimum reaction time / break time), followed by consolidation . Otherwise, perhaps the movement to 97.17 / 97.00 (second 99.31/probitaya long-term goal of moving average on a weekly schedule). This level will be difficult to pass at the first attempt.
EUR/GBP (0.8826)
The decline from 0.9490 has reached a new goal of 0.9156/0.9143 (line neck model "head and shoulders), and at this point is a pair of lower formations" flag "of 0.9490. The first area of support at 0.8787 (current reaction of at least 0.9490), followed by zatee 0.8768/0.8757 (the first wave of C 0.9490/osnovanie strip Bollindzhera full time schedule), followed by consolidation among resold indicators. Otherwise, perhaps the movement towards 0.8738/0.8725 (base band Bollindzhera on the afternoon schedule / minimum of 24 February). This level will be difficult to pass at the first attempt. First resistance is taking place in the area of 0.8841/0.8846 (maximum reaction time / peak envelope full time schedule), followed by levels of 0.866 (short-term moving average in the afternoon schedule), followed by consolidation. Otherwise, the couple turned to 0.8915 / 0.8928 (the maximum reaction time), followed by 0.8959 (break in the afternoon schedule). 0.8981 = a medium-term moving average in the afternoon schedule: that situation? improved, it should be strengthened, returning back up.
EUR/JPY (129.74) The new maximum recovery, but with a candle Dozhi, resulting in a correction of a couple of moves back into the channel in the afternoon schedule at 113.09, and is trying to expand below 130.95. First 131.45/76 resistance area (currently a maximum of + short-term moving average in the afternoon schedule / peak envelope full time schedule), the following levels at 132.06 / .28 (middle lane in the afternoon schedule Bollindzhera / hour break), then of 132.81 (the maximum reaction time ). This level will be difficult to pass at the first attempt. Otherwise, the following levels - 133.36 (maximum reaction time), then 134.33/41 (current weekly maximum / day break), followed by consolidation. The first area of support at 129.69 / .51 (long-term moving average in the afternoon schedule / reasons envelope full time schedule), followed by 129.33 (the current one-week minimum + wave ot137.43 C), followed by consolidation. Otherwise, perhaps the movement towards 128.87/58 (medium-reaction time at least). This level will be difficult to pass at the first attempt.

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