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Technical analysis >  FOREX COMMENTARY 02.08.2004
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*profi-forex*



Joined: 10 Apr 1980
Posts: 0

PostPosted: Mon Aug 02, 2004 10:26 am    Post subject: quote

02.08.2004 (03.02 am US TIME)


USD/JPY(CURRENT LEVEL 111.23) - SUPPORT 110.80/85, RESISTANCE 110.40 - 111.65. IF WE BREAK THIS RESISTANCE WE SHOULD SEE TEST 112.50 REGION.

EUR/USD(CURRENT LEVEL 1.205) - SUPPORT STILL AT 1.2050, RESISTANCE - 1.2115/30. BREAKINGTHROUGH THIS RESISTANCE WILL OPEN THE WAY TO RISE TO 1.2200 REGION. BUT BREAKINGTHROUGH 1.2000 AND 1.1950 WILL OPEN THE WAY TO 1.1750 REGION.

USD/CHF(CURRENT LEVEL 1.2735) - RANGE - 1.2680 - 1.2840. NEXT DIRECTION SHOULD DEPEND ON BREAKING RESISTANCE OR SUPPORT.

GBP/USD (CURRENT LEVEL 1.822 - RANGE - 1.8100 - 1.8300.
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