Tuesday, April 21, 2009

KBC Bank. Technical analysis on the major currency pairs 21/4


KBC Bank - Technical Analysis
EUR/USD (1.2937) The pair fell below the 1.3581 and is now kept below a key level of 1.3113 (neck line triple tops). The pair is testing the base band Bollindzhera full time schedule in the region of 1.2913. Field support - 1.2898 / .2888 (today at least the potential / current one-week minimum), followed by the level of 1.2835 / .2806 (the first goal of 1.3113 / ground cover in the afternoon schedule), followed by consolidation. Otherwise, it may move towards 1.2764 / .2759 (weekly envelope base graph / 76.4% of 1.2457 - 1.3739). This level will be difficult to pass at the first attempt at a pereprodannosti. Resistance takes place in the area of 1.2965 (peak envelope full time schedule), 1.2985 (reaction time maximum) and 1.3048 / .3056 (current maximum weekly / short term moving average in the afternoon schedule). The level of 1.3182 / .3204 = long-term moving average of Perforation on the afternoon schedule / medium-term moving average in the afternoon schedule. To confirm the positive dynamics of the euro, the couple should be kept above this mark.
USD/JPY (98.15)
Now a pair of channels is below the grounds of the annual minima. The first resistance at 98.65 / 98.79 (peak envelope in the afternoon schedule / short-term moving average in the afternoon schedule), then to 99.06 / 99.15 (mid-band Bollindzhera in the afternoon schedule), followed by consolidation. If growth continues, next resistance level at 99.40 (the current maximum of one week) followed by 99.60 / 99.85 (medium-term moving average in the afternoon schedule / day break) and 100.10 (50-week moving average). This level will be difficult to pass at the first attempt. The first area of support - 97.74 / 97.64 (currently a minimum of a potential / current one-week minimum), followed by the level of 97.17 / 97.10 (base of the envelope in the afternoon schedule and the second objective of 99.31 / base band Bollindzhera full time schedule), followed by consolidation. Otherwise, perhaps the movement towards 96.80 (long-term moving average of Perforation on a weekly schedule). This level will be difficult to pass at the first attempt.
EUR/GBP (0.8898)
Back .9490 couple is trying to go back to the formation of the flag .9490. The first area of support at 0.8874 / 0.8867 (minimum reaction time / break time), followed by the levels of 0.8851 (short-term moving average of Perforation on the afternoon schedule) and 0.8823 (ground cover in the afternoon schedule), followed by consolidation in the background pereprodannosti. Otherwise, the next support level is at around .8793 / .8787 (current week minimum + holes descending trend of .9416 / current reaction of at least .9490). This level will be difficult to pass at the first attempt. The first level of resistance is taking place in the area of .8916 / .8928 (current weekly maximum / peak of the envelope in the afternoon schedule + midterm reaction time at least), followed by consolidation. Otherwise, the next resistance at otmetke.8946 / .8959 (medium-term moving average in the afternoon schedule / day break). To confirm the positive dynamics of the euro, the couple should be kept above this mark.
EUR/JPY (127.00)
Candle "dozhi" at the new maximum recovery triggered a sharp correction as a result of testing a pair of base channels from 113.09 at the afternoon schedule (currently at 126.60) and 126.40 (a double line neck tops). The first line of resistance is taking place in the area of 127.61 (peak envelope full time schedule), followed by the levels of 128.77 / .84 (probably 23.6% of the 137.43 - 126.10 / reaction time maximum) and 129.01 (a short-term moving average in the afternoon schedule). This level will be difficult to pass at the first attempt. If growth continues, next resistance level at 129.53 / .81 (current maximum weekly / long-term moving average of Perforation on the afternoon schedule), followed by consolidation. The first support at 126.73 / .10 (base band Bollindzhera / potential intraday minimum), after her breakthrough possible consolidation.

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