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Technical analysis >  FOREX COMMENTARY 20.08.2004
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*profi-forex*



Joined: 10 Apr 1980
Posts: 0

PostPosted: Fri Aug 20, 2004 12:48 pm    Post subject: quote

20.08.2004 (5.04am US Time)

USD/JPY (CURRENT LEVEL 109.15) – MINIMUM 108.94, SUPPORT NEAR 108.80. HIGH BRENT PRICES COULD HELP USD TO BACK NEAR 110.00 REGION.

EUR/USD (CURRENT LEVEL 1.2364) – YESTERDAY WE TESTED ONLY 1.2320/30 REGION. FROM THERE WE BACK ABOVE 1.2350. SO IN OUR OPINION WE OPINION WE SHOULD SEE 1.2460/80 REGION.

USD/CHF (CURRENT LEVEL 1.2422) - STRONG RESISTANCE 1.25/05, SUPPORT AT 1.2370. CHF SHOULD BE STRONGER TO THE EBD OF THE WEEK.

GBP/USD (CURRENT LEVEL 1.8315) – THE NEAREST SUPPORT 1.8280/90. THE NEAREST RESISTANCE 1.8350).
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