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  #1  
Old 02-09-2011, 05:41 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (Updated 2x Daily))

EUR/USD

Yesterday’s brief break above last Friday’s spike high at 1.3676 has reached fresh high at 1.3687, to retrace over 50% of 1.3680/1.3507 downleg, ahead of easing. Near-term structure off 1.3507 remains supportive, with break through 1.3687 required to target 1.3724, 61.8%, and 1.3766 where a lower high is anticipated for fresh downside attempt towards 1.3507. Supports at 1.36 zone are expected to contain dips, to maintain immediate bulls.

Res: 1.3665, 1.3675, 1.3687, 1.3724
Sup: 1.3611, 1.3591, 1.3570, 1.3542





GBP/USD

Remains in a near-term corrective mode after an upside failure at 1.6277, just below key 1.6297 resistance, triggered reversal to 1.6027. This marks over 23.6% retracement of 1.5350/1.6277 ascend, also trendline support, drawn off 1.5404. While the latter holds, scope exists for renewed attempt higher, with clearance of 1.6184 to focus 1.6277/97, key resistance zone. Loss of 1.6027, however, would risk deeper reversal towards 1.6015/1.5950, 50% / 61.8% retracement.

Res: 1.6103, 1.6160, 1.6184, 1.6228
Sup: 1.6035, 1.6027, 1.6015, 1.6002





USD/JPY

Maintains near-term positive tone from 81.10/30 lows, after peaking at 82.46 and subsequent pullback finding ground at 81.76. Current attack at 82.46 needs to see clear break higher to resume recovery towards 83.20/67 resistance zone, break of which is required to open key short-term resistance at 84.49, 15 Dec 2010 high. Rejection under 83.20, however, would risk lower top, with loss of 81.76 to re-focus 80.92, key short-term support.

Res: 82.50, 82.70, 83.08, 83.20
Sup: 82.24, 81.99, 81.76, 81.30






USD/CHF

Extends near-term recovery from 0.9327, to extend above 61.8% of 0.9782/0.9327 decline, reaching 0.9653 so far, just ahead of 0.9672/85, 76.4% / 21 Jan previous high. Near-term studies are supportive for fresh extension higher, with 0.96 zone expected to contain corrective dips. Through 0.9685 to open way for retest of key short-term resistance at 0.9782. Only loss of 0.9522 higher platform, would weaken the structure.

Res: 0.9653, 0.9672, 0.9685, 0.9739
Sup: 0.9618, 0.9600, 0.9561, 0.9522

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  #2  
Old 02-10-2011, 05:09 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (08:00 GMT)

EUR/USD
Continues to channel higher off 1.3507, 07 Feb low, after fresh strength emerged from 1.3610, yesterday’s higher platform. Clearance of previous high at 1.3687 has so far reached 1.3743, following break through 1.3724 barrier, 61.8% retracement of 1.3860/1.3507 downleg. Corrective pullback needs to hold above 1.3660, trendline connecting 1.3507 and 1.3610, to maintain immediate bulls for upside extension through 1.3743 to test 1.3766/76, 02 Feb low / channel resistance, break of which would signal return to 1.3824 and key near-term resistance at 1.3860. At the downside, 1.3610/1.3590 zone offers strong support and possible break lower will sideline near-term bulls and re-expose 1.3507. Loss of the latter to confirm lower top at 1.3643 and resume correction from 1.3860.

Res: 1.3730, 1.3743, 1.3766, 1.3776
Sup: 1.3660, 1.3610, 1.3590, 1.3570






GBP/USD
Continues to trade sideways after upside rejection under key 1.6297 resistance at 1.6277 and subsequent reversal has so far found support at 1.6030/20 zone. Near-term structure off 1.5750 remains supportive while above 1.6010/1.5990, 50% retracement of 1.5750/1.6277 / 20 day MA, with loss of the latter to open way for further reversal and expose 1.5953, 61.8%, possibly 1.5821, 31 Jan higher low, on a break. At the upside, clearance of 1.6161/84 is required to resume bulls towards keys resistance zone at 1.6277/97 and open fresh phase higher.

Res: 1.6123, 1.6160, 1.6184, 1.6228
Sup: 1.6035, 1.6027, 1.6015, 1.6002





USD/JPY
Bounce off 81.10, 04 Feb fresh low, keeps near-term focus at the upside after temporary support was found at 82.19 yesterday, and clearance of previous high at 82.65 looking for further extension to test 83.00/20 zone. Break here is required to confirm higher low at 81.10 and look for test of 83.67, to open key short-term resistance at 84.49, break of which will signal an extension of recovery attempt from 80.24, 01 Nov 2010 low. Immediate support lies at 81.76 and loss here to re-expose 81.10/80.92, key near-term support zone.

Res: 82.71, 83.08, 83.20, 83.67
Sup: 82.49, 82.19, 81.99, 81.76






USD/CHF
Extends near-term recovery from 0.9327, to break above 0.9607, 61.8% of 0.9782/0.9327 decline, and reach 0.9659 so far, just under of 0.9672/85, 76.4% / 21 Jan previous high, ahead of correction. Loss of initial support at 0.96 zone has seen reversal to 0.9550, where a support was found for now, with fresh strength aiming at 0.9659/85, with break above the latter to focus key near-term resistance zone at 0.9762/84, clearance of which is required to resume recovery from 0.9301, 31 Dec 2010 historical low. At the downside, 0.9550/21 area need to hold to maintain immediate bulls, otherwise, deeper reversal into 0.9490/55 would be likely scenario.

Res: 0.9627, 0.9659, 0.9672, 0.9685
Sup: 0.9550, 0.9522, 0.9490, 0.9455

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  #3  
Old 02-10-2011, 10:59 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (14:00 GMT)

EUR/USD
Extends reversal from yesterday’s fresh high at 1.3743, losing supports at 1.3610/1.3590, to turn near-term tone bearish and expose 1.3507, key near-term support, for retest. Loss of the latter will confirm lower top at 1.3743 and signal further retracement of 1.2872/1.3860 upleg, with immediate focus on 1.3483, 38.2% and 1.3395 on a break. However, holding above 1.3507 keeps hopes of fresh recovery alive, with regain of 1.3743 needed to reopen 1.3766 and 1.3824.

Res: 1.3652, 1.3687, 1.3743, 1.3766
Sup: 1.3570, 1.3542, 1.3507, 1.3483





GBP/USD
Today’s fresh weakness briefly broke through 1.6035 support, with sustained break lower to weaken the near-term structure. Downside loss of 1.5990/53 to sideline near-term bulls and open key supports at 1.5821/1.5750 for retest. Upside, 1.6123 caps for now and only break here to improve tone, while clearance of 1.6161/84 needed to re-expose 1.6277//97.

Res: 1.6073, 1.6123, 1.6160, 1.6184
Sup: 1.6010, 1.6002, 1.5965, 1.5953





USD/JPY
Bounce off 81.10, 04 Feb fresh low, keeps near-term focus at the upside after temporary support was found at 82.19 yesterday, and clearance of previous high at 82.65 currently testing 83.00/20 zone. Break here is required to confirm higher low at 81.10 and look for test of 83.67, to open key short-term resistance at 84.49, break of which will signal an extension of recovery attempt from 80.24, 01 Nov 2010 low. Immediate supports lie at 82.50/20, ahead of 81.76, loss of which to re-expose 81.10/80.92, key near-term support zone.

Res: 83.20, 83.67, 83.88, 84.49
Sup: 82.60, 82.49, 82.19, 81.99






USD/CHF
Extends near-term recovery from 0.9327, to break above 0.9607, 61.8% of 0.9782/0.9327 decline, and reach 0.9676 so far, just under of 0.9685, 21 Jan previous high, after shallow correction from 0.9659 found footstep at 0.9550. Break above 0.9685 to focus key near-term resistance zone at 0.9762/84, clearance of which is required to resume recovery from 0.9301, 31 Dec 2010 historical low. At the downside, 0.9550/21 zone offers immediate support.

Res: 0.9685, 0.9739, 0.9762, 0.9784
Sup: 0.9610, 0.9550, 0.9522, 0.9490

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Old 02-11-2011, 11:40 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (15:00 GMT)

EUR/USD

Continues to decline following an upside rejection at 1.3743 on 09 Feb and break through 1.36 support zone, to dent key near-term support at 1.3505. Clear break here will open way for fresh leg lower and expose 1.3483, 61.8% retracement of 1.2872/1.3680, ahead of 1.3395, 20 Jan low and 1.3365, 50% level. Near-term studies favor further weakness, with 1.3620/36 expected to cap corrective attempts on oversold hourly conditions.

Res: 1.3540, 1.3575, 1.3620, 1.3636
Sup: 1.3504, 1.3483, 1.3441, 1.3395




GBP/USD

Extends weakness through 1.6010/1.5990 support zone, to reach fresh low at 1.5964, after yesterday’s recovery failure at 1.6136. This marks nearly 61.8% retracement of 1.5750/1.6277 ascend, with break below the latter to trigger further extension reversal from 1.6277 peak, to possibly expose 1.5821 and 1.5750, key near-term higher low. Upside, 1.6010/35 zone offers immediate resistance, and only regain of 1.6136 to signal fresh strength.

Res: 1.6010, 1.6035, 1.6068, 1.6112
Sup: 1.5964, 1.5950, 1.5920, 1.5895





USD/JPY

Bounce off 81.10, 04 Feb fresh low, keeps near-term focus at the upside after support was found at 82.19, and clearance of 83.00/20 resistance zone, now approaching 83.67, 07 Jan high. Break here is required to confirm higher low at 81.10 and open key short-term resistance at 84.49, break of which will signal an extension of recovery attempt from 80.24, 01 Nov 2010 low. Correction on overbought hourly conditions is under way, with 82.60/50 expected to contain dips.

Res: 83.67, 83.88, 84.49, 85.00
Sup: 83.05, 82.60, 82.50, 82.19






USD/CHF

Extends near-term recovery from 0.9327, to break above 0.9685, 21 Jan previous high and 0.97 barrier, and extend gains to 0.9747 so far.. This brings in focus key near-term resistance zone at 0.9762/84, clearance of which is required to resume recovery from 0.9301, 31 Dec 2010 historical low. Immediate support lies at 0.9685, now reverted to support, with further dips to be contained by 0.9587, to keep immediate bulls in play.

Res: 0.9747, 0.9762, 0.9784, 0.9800
Sup: 0.9685, 0.9660, 0.9625, 0.9587

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  #5  
Old 02-14-2011, 06:19 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (08:00 GMT)

EUR/USD

Trades in a corrective/consolidative mode after fresh weakness from 1.3743, 07 Feb lower high, briefly broke below 1.3507, 07 Feb low, last Friday. Immediate resistance lies at 1.3570/76, ahead of 1.3619/37, 50% retracement of 1.3743/1.3496 down leg / 10 Feb high. Downside, 1.3516/1.3496, 55 day MA / Friday’s fresh low, underpins the corrective attempt, while regain of 1.3650 needed to re-expose 1.3743, otherwise, early upside rejection lower top and fresh attempt at 1.3496, loss of which will resume the near-term downtrend and open 1.3483, 61.8% of 1.2872/1.3860, then 1.3395, 20 Jan low.

Res: 1.3557, 1.3576, 1.3619, 1.3636
Sup: 1.3527, 1.3507, 1.3496, 1.3483





GBP/USD

Upside rejection at 1.6136 triggered fresh weakness through 1.6010/1.5990 support zone, to post fresh lows at 1.5964/57 last Friday. Recovery attempt is under way, with clearance of 1.6090, trendline connecting 1.6277 and 1.6136, needed to signal further recovery and look for test of 1.6136. Above here to target 1.6157/84 zone. Failure under 1.6136, however, would signal resumption of recent downtrend from 1.6277 and re-open 1.5957, then 1.5821, possibly 1.5750, key near-term support, on a break..

Res: 1.6076, 1.6090, 1.6112, 1.6136
Sup: 1.6000, 1.5964, 1.5957, 1.5920





USD/JPY

Remains a in a near-term uptrend off 81.10, 04 Feb low, with break above 83.20 barrier, extending gains to test 83.67, 07 Jan lower high. Break here is needed to open key near-term resistance at 84.49, break of which will signal an extension of recovery from 80.24, 01 Nov 2010 low. Immediate support lies at 83 zone, while loss of 82.19/07 will end hopes of recovery and re-focus 81.10/80.92.

Res: 83.67, 83.88, 84.49, 85.00
Sup: 83.05, 82.80, 82.60, 82.19




USD/CHF

Extends near-term recovery from 0.9327, to break above 0.9685/0.97 resistance zone, and 0.9762, extending gains to 0.9773, just under key short-term resistance at 0.9784. Clearance of the latter will confirm double bottom and open way for fresh leg higher, exposing 0.9850 initially. Downside, 0.9680/60 zone offers immediate support, while only loss of 0.9520/00 will turn focus lower.


Res: 0.9773, 0.9784, 0.9800, 0.9850
Sup: 0.9680, 0.9660, 0.9603, 0.9550

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  #6  
Old 02-14-2011, 10:20 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (14:00 GMT)

EUR/USD

Today’s recovery attempt off 1.3496 was capped by 1.3555, with subsequent reversal breaking through 1.3496/83 supports, to extend losses to 1.3427 and test previous 31 Dec 10 / 04 Jan 11 highs, so far. Near-term outlook favors further weakness and brings 1.3395/66, 20 Jan low / 50% of 1.2872/1.3860, in focus next. Oversold hourly conditions, however, see scope for correction, with immediate resistance at 1.3500/10, and 1.3555/70 expected to cap.

Res: 1.3496, 1.3507, 1.3557, 1.3570
Sup: 1.3427, 1.3395, 1.3366, 1.3350




GBP/USD

Upside failure at 1.6076, just under trendline resistance at 1.6085 keeps near-term focus at the downside, with break under 1.60, exposing key levels at 1.5965, triangle support and 1.5957/50, previous low / 61.8% of 1.5750/1.6277, break of which to expose key higher lows at 1.5821 and 1.5750. Upside remains limited by 1.6076/85 for now.

Res: 1.6034, 1.6076, 1.6085, 1.6112
Sup: 1.5964, 1.5957, 1.5950, 1.5920





USD/JPY
Resumes near-term uptrend from 81.10, 04 Feb low, after pullback from 83.66 fresh high, found support, just above 83, ahead of fresh strength. Clearance of 83.66/67 to expose key near-term resistance at 84.49, break of which will signal an extension of recovery from 80.24, 01 Nov 2010 low. Immediate support lies at 83 zone, while loss of 82.19/07 will end hopes of recovery and re-focus 81.10/80.92.

Res: 83.67, 83.88, 84.49, 85.00
Sup: 83.05, 82.80, 82.60, 82.19






USD/CHF

Extends near-term recovery from 0.9327, to break above 0.9685/0.97 resistance zone, and 0.9762, extending gains to 0.9773, just under key short-term resistance at 0.9784. Clearance of the latter will confirm double bottom and open way for fresh leg higher, exposing 0.9850 initially. Downside, 0.9680/60 zone offers immediate support, while only loss of 0.9520/00 will turn focus lower.


Res: 0.9773, 0.9784, 0.9800, 0.9850
Sup: 0.9700, 0.9680, 0.9660, 0.9603

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  #7  
Old 02-15-2011, 08:31 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (08:00 GMT)

EUR/USD

Yesterday’s recovery attempt from 1.35 zone was capped by 1.3555 and followed by sharp fall to post fresh low at 1.3427, retracing between 38.2% and 50% of 1.2872/1.3860 ascend. Correction off 1.3427 is seen limited by 1.3555/70, with break of the latter to signal recovery towards 1.3625/35 and possible attempt at 1.3670, descending trendline, connecting 1.3860 and 1.3743. Holding below 1.3570, however, suggest a resumption of near-term bears and loss of 1.3427 to turn focus to 1.3395, 20 Jan low / channel support and 1.3366, 50% retracement, break of which would accelerate losses and expose 1.3252/43, 61.8% / 17 Jan higher low.

Res: 1.3526, 1.3557, 1.3570, 1.3618
Sup: 1.3427, 1.3395, 1.3366, 1.3350




GBP/USD

Remains in near-term downtrend off 1.6277, 03 Feb low, narrowing the range after recovery attempt from fresh low at 1.5960, 61.8% of 1.5750/1.6277 upleg stays capped by 1.6076/61. Break below 1.6000/1.5960 is required to signal fresh weakness and look for attack at key near-term supports at 1.5821/1.5750, loss of which would confirm lower top at 1.6277 and open way for possible test of 1.5404/1.5343, short-term.

Res: 1.6060, 1.6076, 1.6085, 1.6112
Sup: 1.5980, 1.5964, 1.5957, 1.5950





USD/JPY

Near-term uptrend off 81.10, 04 Feb low, has fully retraced the recent 83.67/81.10 decline, with correction to 83.08 followed. Fresh strength looks to break through 83.67 to expose key near-term resistance at 84.49, clearance of which will confirm higher lows at 80.92/81.10 and extension of broader recovery attempt from 80.24, 2010 low.

Res: 83.67, 83.88, 84.49, 85.00
Sup:83.18, 83.05, 82.80, 82.60






USD/CHF

Extends near-term recovery from 0.9327, to clear 0.9685/0.97 and 0.9762 resistances, extending gains to 0.9773, just under key short-term resistance at 0.9784. Correction lower has so far found foothold at 0.9680, with fresh strength looking for retest of 0.9773/84, break of which is needed to confirm higher low at 0.9327 and open way for stronger recovery towards 0.9850/0.9910. At the downside, immediate support lies at 0.9680, ahead of 0.9603/0.9550, 38.2% / 50% retracement of 0.9327/0.9773 ascend.

Res: 0.9741, 0.9773, 0.9784, 0.9800
Sup: 0.9680, 0.9660, 0.9603, 0.9550

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Old 02-15-2011, 10:50 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (14:30 GMT)

EUR/USD

Extended decline from 1.3743 09 Feb lower high, to post fresh low at 1.3427 yesterday, ahead of the latest recovery attempt. This is seen capped by 1.3550, 38.2% of 1.3743/1.3427 decline for now, with lift above 1.3550/76 required to signal further recovery and open 1.3584, 50%, and 1.3620/37, 61.8% / 10 Feb intraday high. Upside rejection under 1.36, however, signal lower top and fresh weakness for retest of 1.3427 and attempt at 1.3395, 20 Jan low / channel support and 1.3366, 50% retracement of 1.2872/1.3860 upleg.

Res: 1.3550, 1.3557, 1.3570, 1.3620
Sup: 1.3460, 1.3427, 1.3395, 1.3366




GBP/USD

Reversal from 1.6277, 03 Feb high, has so far found good support at 1.60 zone, ahead of strong rally that cleared several resistances and retraced over 61.8% of 1.6277/1.5996 decline at 1.6169, just ahead of 1.6184, 07 Feb lower high. Break here is needed to open way for test of 1.6277/97, key near-term resistances, clearance of which will trigger fresh phase higher. Immediate support lies at 1.6114/05.

Res: 1.6169, 1.6184, 1.6228, 1.6277
Sup: 1.6114, 1.6105, 1.6090, 1.6076





USD/JPY

Extends recovery from 81.10 low to break above 83.67, previous high of 07 Feb to test 83.90, 21 Dec 2010 high, ahead of possible extension to 84.19 and final attempt at 84.49, 15 Dec 2010 high and key short-term resistance. Break here is needed to trigger fresh leg higher on recovery attempt from 80.24, 01 Nov 2010 low. Higher platform at 83.18/07 underpins the advance.

Res: 83.90, 84.19, 84.49, 85.00
Sup: 83.58, 83.18, 83.05, 82.80





USD/CHF

Extends near-term recovery from 0.9327, through 0.9685/ 0.9762 resistances, extending gains to 0.9773, just under key short-term resistance at 0.9784. Correction lower has so far found foothold at 0.9680, with fresh strength looking for retest of 0.9773/84, break of which is needed to confirm higher low at 0.9327 and open way for stronger recovery towards 0.9850/0.9910. At the downside, immediate support lies at 0.9680, ahead of 0.9603/0.9550, 38.2% / 50% retracement of 0.9327/0.9773 ascend.


Res: 0.9741, 0.9773, 0.9784, 0.9800
Sup: 0.9680, 0.9660, 0.9603, 0.9550


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Old 02-16-2011, 04:54 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (08:00 GMT)

EUR/USD

Near-term price action has found temporary support at 1.3427, with fresh strength attempting through 1.3555/76 resistance zone. Break here is needed to confirm immediate recovery mode and look for upside extension towards 1.3625/35, then trendline resistance, currently at 1.37. Failure to clearly break above 1.3576 will signal a resumption of near-term downtrend from 1.3860 and loss of 1.3427 to turn focus to 1.3395, 20 Jan low / channel support and 1.3366, 50% retracement, break of which would accelerate losses and expose 1.3252/43, 61.8% / 17 Jan higher low.

Res: 1.3569, 1.3576, 1.3620, 1.3635
Sup: 1.3519, 1.3475, 1.3460, 1.3427




GBP/USD

Maintains near-term positive tone after reversal from 1.6277 high left a higher low at 1.5957 on 14 Feb. Fresh bulls emerging from the latter have so far retraced over 61.8% of 1.6277/1.5957 downleg, to attempt at 1.6184, en-route to key resistances at 1.6277/97. Break above here will signal fresh phase higher and extension of broader recovery from 1.4230, 16 May 2010 higher low. Higher platform at 1.6118 offers immediate support, while loss of 1.6070 would question near-term bulls.

Res: 1.6184, 1.6228, 1.6277, 1.6297
Sup: 1.6140, 1.6118, 1.6105, 1.6095





USD/JPY

Extends recovery from 81.10 low to break above 83.67, previous high of 07 Feb and test 83.90, 21 Dec 2010 high, ahead of possible extension to 84.19 and final attempt at 84.49, 15 Dec 2010 high and key short-term resistance. Break here is needed to trigger fresh leg higher on recovery attempt from 80.24, 01 Nov 2010 low. Higher platform at 83.18/07 underpins the advance.

Res: 83.90, 84.19, 84.49, 85.00
Sup: 83.60, 83.18, 83.05, 82.80





USD/CHF

Extended near-term recovery from 0.9327, 02 Feb low, to nearly fully retrace 0.9782/0.9327 decline, reaching 0.9773, ahead of pullback on overbought hourly conditions. This is seen corrective while 0.9600/0.9550 zone holds, with scope for retest of 0.9784. Break here is needed to signal fresh recovery and focus 0.9850/0.9925 next. Only loss of 0.9520/00 zone would sideline near-term bulls.

Res: 0.9673, 0.9727, 0.9741, 0.9773
Sup: 0.9603, 0.9550, 0.9520, 0.9500

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Old 02-16-2011, 10:36 PM
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Default Windsor Brokers - Short Term Technical Analysis for Majors (14:00 GMT)

EUR/USD

Near-term bulls remain capped by 1.3570/76 zone for now, as renewed attempt higher stalls at 1.3569 today. Subsequent reversal has so far seen brief dip below 1.35, with sustained break lower to turn immediate tone negative and focus 1.3475/50, ahead of possible return to 1.3427, loss of which will resume the broader downtrend from 1.3860 and open 1.3395 next. Early downside rejection above 1.3475, however, would signal fresh strength, with clearance of 1.3576 needed to confirm.

Res: 1.3550, 1.3569, 1.3576, 1.3620
Sup: 1.3475, 1.3460, 1.3427, 1.3395





GBP/USD

Has extended recovery from 1.5957, 14 Feb low, to test 1.6184, 07 Feb previous high, ahead of sharp reversal. Near-term tone is now negative, looking for break below 1.6005, to focus 1.5957, break of which would confirm lower high at 1.6184 and open way towards 1.5821 and 1.5750, 31/25 Jan higher lows. At the upside, 1.6080/1.6118 cap for now.

Res: 1.6080, 1.6118, 1.6169, 1.6184
Sup: 1.5980, 1.5957, 1.5911, 1.5862





USD/JPY

Extends recovery from 81.10 low to break above 83.67, previous high of 07 Feb and test 83.90, 21 Dec 2010 high, ahead of possible extension to 84.19 and final attempt at 84.49, 15 Dec 2010 high and key short-term resistance. Break here is needed to trigger fresh leg higher on recovery attempt from 80.24, 01 Nov 2010 low. Higher platform at 83.18/07 underpins the advance.

Res: 83.90, 84.19, 84.49, 85.00
Sup: 83.60, 83.18, 83.05, 82.80





USD/CHF

Reversal off 0.9773, 11 Feb high, found support at 0.9615, just above 38.2% retracement of 0.9327/0.9773 ascend, ahead of strong rally. Market has so far regained 0.9337, en-route to 0.9773/84 resistance zone, break of which will trigger fresh recovery and focus 0.9850/0.9925 next. Downside, 0.9662 offers immediate support.

Res: 0.9737, 0.9743, 0.9773, 0.9784
Sup: 0.9714, 0.9684, 0.9660, 0.9642

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