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Majors for today

Posted on September 5, 2008 at 9:01 in Uncategorized by Valeria Bednarik

The Eur/Usd is quoting right now around 1.4230, and remains bearish: under 1.4212, yesterday’s minimum, next supports will be at 1.4184, 1.4151 and finally the zone around 1.4116. Resistances from here will be at 1.4280, 1.4316, today’s maximum that if broken could send the pair to 1.4370.

The Gbp/Usd has broken again to the downside, without noticing any support: the pair continues addressing to the monthly ascendant line mentioned this week, around 1.7300, that seems to be the final objective of this downside movement. From actual price, 1.7620, resistances today will be at 1.7668, followed by 1.7725 and finally the zone around 1.7780. Supports on the other hand will be at the zone around 1.7580, followed by 1.7537, minimum, that if broken will give bearish momentum to the pair to the zone around 1.7470.

The Usd/Jpy remains bearish, after breaking trough the key zone around 107.20,  a daily ascendant trend line. The pair already completed a pullback to the mentioned line, and seems ready to continue to the downside: under 106.03, next supports will be at 105.72, the zone around 105.25 and finally 104.93. Resistances from actual 106.28 will be at 106.58, 106.91 and the zone around 107.20

Have a great day!

 

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