Windsor Brokers - Short Term Technical Analysis for Majors (07:00 GMT)

[WindsorBrokers]

[B]EURUSD [/B]

The Euro erased last Friday’s gains, after rally stalled near 1.3567 peak and subsequent reversal dipped close to 1.3500 handle. Negative sentiment was confirmed by gap-lower opening, with price moving in the lower part of 1.3460/1.3567, one-week range. Hourly studies turned negative and keep the downside at risk, while 4-hour indicators are at the midlines. Bearish trigger will be seen on violation of strong 1.3460 / 50 support zone, where the range floor is reinforced by 55DMA and double Fibonacci, 23.6% retracement of 1.3103/1.3567 upleg and 50% of 1.3337/1.3567, as break here is expected to confirm double-top formation and open fresh leg lower towards 1.3400, round figure / 38.2% of 1.3103/1.3567 next. Conversely, bounce above 1.35 barrier, would avert immediate downside risk and signal continuation of sideways trading.

Res: 1.3505; 1.3522; 1.3536; 1.3563
Sup: 1.3476; 1.3461; 1.3450; 1.3425

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusd_20130930072908.png[/IMG]



[B]GBPUSD [/B]

Cable remains firm, as fresh extension higher completed near-tern 1.6161/1.5953 corrective phase. The price posted marginally fresh high at 1.6179, with positively aligned near-term technicals being supportive for possible attack at psychological 1.6200 barrier. However, overbought conditions on lower timeframes studies, see corrective pullback preceding fresh rally, with initial support at 1.6130, Friday’s intraday high / 23.6% of 1.5953/1.6179, ahead of 1.6100, 38.2% retracement / 26/09 high / 55DMA, seen as ideal reversal point. Overbought daily studies, however, require caution.

Res: 1.6179; 1.6200; 1.6250; 1.6300
Sup: 1.6130; 1.6100; 1.6060; 1.6028

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusd_20130930072847.png[/IMG]




[B]USDJPY[/B]

The pair remains under pressure, as repeated failures to clear 99.00 barrier and trendline resistance, extended bears through triangle support at 98.47and previous low at 97.75. The fall retraced 61.8% of 95.78/100.60 rally, keeping the downside in near-term focus. Negative near-term studies and gap-lower opening today, maintain the pressure, with daily indicators breaking into negative territory, supporting the notion. Next supports lay at 96.90 higher platform and Fibonacci 76.4% and 96.80, 28/08 low, while initial barriers lay at 98.00/30 zone.

Res: 98.00; 98.30; 98.50; 98.80
Sup: 97.62; 97.00; 96.90; 96.80

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpy_20130930072824.png[/IMG]




[B]AUDUSD [/B]

The Aussie remains at the back foot, as the price continues to move lower, with psychological 0.9300 support being cracked on extension to 0.9280, Fibonacci 38.2% of 0.8891/0.9526. Prevailing negative tone on near-term studies keeps the downside at risk, with extension below strong 0.9220/00 support zone, higher platform / 50% retracement, to confirm near-term top and allow for further easing. Initial barriers lay at 0.9330 zone, while only regain of 0.9400 handle, would ease immediate bear pressure.

Res: 0.9330; 0.9373; 0.9400; 0.9455
Sup: 0.9280; 0.9222; 0.9200; 0.9134

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/audusd_20130930072800.png[/IMG]

[WindsorBrokers]

[B]EUR/USD[/B]

After today’s double top during the Asian session at 1.3775, EURUSD managed to break 31st Dec low and so far found support at 1.3710, a break there would open 24th Dec low and 38.2% Fibo of (1.3890-1.3295) at 1.3655 and next to 20th Dec low at 1.3625 zone. On the upside, 1.3750 could offer resistance ahead of today’s high at 1.3775, in which a break there would open more to the upside towards 1.3790 and 1.3820 next.

Res: 1.3750, 1.3775, 1.3790, 1.3820
Sup: 1.3710, 1.3655, 1.3625, 1.3590
[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusdm30_20140102090810.jpg[/IMG]


[B]GBP/USD[/B]

Still on a higher lows pattern, cable managed to find resistance at 1.6600, 20 pips ahead of Aug 2011 highs, next target should be around 1.6745 , 2011 high. On the downside, support is found at 1.6545 and 1.6500 ahead of 1.6455 previous trading session low range. A break of 1.6455 would open downtrend towards 1.6395 and 1.6315

Res: 1.6600, 1.6620, 1.6695, 1.6745
Sup: 1.6545, 1.6500, 1.6455, 1.6395
[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusdm15_20140102090837.jpg[/IMG]

[B]USD/JPY[/B]

USDJPY is still testing 105.40 which would keep the uptrend intact of broken towards, 106.55, or even higher towards Sep 2008 high at 109.20 and Aug 2008 high at 110.65. on the downside short term supports are found 105.15 , 104.85 and 104.60, the latter would open acceleration towards 103.75 19th to 23ed Dec lows.


Res: 105.40, 105.90, 106.55, 107.20
Sup: 105.15, 104.85, 104.65, 104.20
[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpym30_20140102090859.jpg[/IMG]


[B]USDCHF[/B]

Failure “So far” to break last week’s high at 0.8970, the pair found ground around 0.8920 zone, a break today’s high would open more acceleration towards 0.9000 peak of 20th Dec. only above 0.9050 would open an uptrend towards 0.9200 zone.
On the downside, below 0.8920 support is found at 0.8860-80 zone, ahead of 27th Dec bottom at 0.8800

Res: 0.8920, 0.8880, 0.8860, 0.8800
Sup: 0.8970, 0.9000, 0.9050, 0.9105
[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdchfm30_20140102090923.jpg[/IMG]

[WindsorBrokers]

[B]EURUSD [/B]

The Euro maintains positive near-term tone and attempts above consolidation top at 1.3686, with price action being underpinned by hourly 55DMA. Positive 4-hour studies see the upside favored in the near-term, with break above initial resistance at 1.3686, also near 50% retracement of 1.3817/1.3547 downleg, to open next barrier at 1.3714, Fibonacci 61.8% and 1.3753, 76.4% retracement in extension. Sustained break above 1.37 hurdle is required to expose strong 1.38 resistance zone and confirm near-term base at 1.3547. Initial support lies at 1.3650, 55DMA, below which comes 1.3636, consolidation floor / Fibonacci 38.2% of 1.3547/1.3698 upleg and 1.3623/00, 50% / 61.8%/trendline support, loss of which to bring bears in play and risk return to key 1.3547 support, 09/01 low / daily 100DMA.

Res: 1.3700; 1.3715; 1.3753; 1.3800
Sup: 1.3636; 1.3623; 1.3600; 1.3567

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusd_20140114092648.png[/IMG]



[B]GBPUSD [/B]

Cable lost ground after repeated rejection at 1.65 barrier triggered sharp two-legged fall that nearly fully retraced 1.6336/1.6515 upleg on a dip to 1.6345. Freshly established bears on lower timeframes and formation of lower top at 1.6515, see increased downside risk for break below 1.6336 handle towards immediate supports at 1.6316, higher platform / Fibonacci 38.2% of 1.5853/1.6602 and psychological 1.6300 support, also Fibonacci 76.4% expansion of the third wave from 1.6515, below which the wave could extend to 1.6234, its 100% expansion and 1.6212, 17/12 low. Conversely, holding above 1.6336, would prolong consolidation and signal basing attempt, with bounce through pivotal 1.6430/40 barriers, required to confirm.

Res: 1.6427; 1.6445; 1.6464; 1.6500
Sup: 1.6400; 1.6366; 1.6345; 1.6336

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusd_20140114092612.png[/IMG]


[B]USDJPY[/B]

The pair lost ground after last Friday’s upside rejection on approach to key 105.40 barrier and subsequent acceleration through trendline support and 104 base. Fresh extension lower cracked 103.00, psychological support / Fibonacci 61.8% retracement of 101.60/105.43 ascend. Negative near-term technicals keep the downside in focus, with corrective action on oversold hourlies, seen preceding fresh weakness. Bounce from fresh low at 102.84, through initial barrier at 103.55 needs to clear 103.69/80, 55DMA / Fibonacci 38.2% of 105.34/102.84 and regain important 104.00 handle, to avert immediate downside risk. Otherwise, lower top formation and further retracement towards 102.50, Fibonacci 76.4% of 101.60/105.43 and 102.00, psychological support / Fibonacci 38.2% of larger 96.55/105.43 ascend, would be likely near-term scenario.

Res: 103.80; 104.00; 104.39; 104.75
Sup: 103.22; 102.84; 102.50; 102.14

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpy_20140114092540.png[/IMG]



[B]AUDUSD [/B]

The pair regained strength and eventually broke above three-week congestion top at 0.9000, with fresh extension to 0.9084, 76.4% retracement of 0.9165/0.8819 downleg, signaling further recovery. Break above psychological 0.9100 barrier and regain of key barrier at 0.9165, 10/12 high, is required to neutralize bears and confirm base at 0.8820 zone. However, corrective pullback on overbought conditions of 1 and 4-hour chart studies, would delay fresh upside attempts, with dips facing initial support at 0.9000, Fibonacci 38.2% of 0.8879/0.9084 upleg, reinforced by hourly 55DMA and 0.8982, 50% retracement, where further dips should be contained.

Res: 0.9044; 0.9083; 0.9100; 0.9165
Sup: 0.9000; 0.8982; 0.8957; 0.8927

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/audusd_20140114092519.png[/IMG]

[WindsorBrokers]

[B]EURUSD [/B]

The Euro’s near-term tone is negatively aligned, as repeated rejection s at 1.37 barrier increased downside pressure. Extension below initial supports at 1.3660/50 tested main bull-trendline off 1.2754, 2013 low at 1.3630, also mid-point of 1.3529/1.3738 upleg, with support being reinforced by daily Tenkan-sen line and 4-hour 55DMA. Larger picture shows neutral tone, as the price consolidates last week’s rally. More bearish tone would be seen in case of violation of 1.3620/00 support zone that will confirm near-term top and expose lower targets at 1.3550 and 1.3500 zone. Otherwise, while 1.3600/20 supports hold, the upside attempts will remain in play in the near-term. Clear break above 1.37 handle is required to confirm bullish resumption.

Res: 1.3687; 1.3700; 1.3715; 1.3738
Sup: 1.3646; 1.3625; 1.3609; 1.3580

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusd_20140129083343.png[/IMG]



[B]GBPUSD [/B]

Cable’s hourly structure is neutral, while 4-hour studies maintain positive tone, established on recovery rally from 1.6472 to 1.6623 so far. Narrow consolidation under 1.66 barrier is under way and expected to precede fresh attempt higher, while the price holds above 1.6544/34, bull-trendline off 1.6307 low / yesterday’s pullback low and Fibonacci 61.8% of 1.6472/1.6623 upleg. Break here would bring bears back in play and risk lower top formation.

Res: 1.6593; 1.6623; 1.6642; 1.6668
Sup: 1.6559; 1.6544; 1.6534; 1.6515

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusd_20140129083323.png[/IMG]



[B]USDJPY[/B]

The pair remains in near-term corrective phase off fresh low at 101.75, posted on 27 Jan. Hourly structure improves, as the price sustains above 103 barrier, with fresh extension higher retracing over 50% of 104.83/101.75 fall. However, overall negative tone, established after repeated rejections at 105 hurdle and acceleration lower, would keep the downside vulnerable, as 4-hour studies are negative. Regain of previous strong supports at 103.90/104.00 is required to improve and sideline downside risk and shift near-term focus higher. Otherwise, risk of lower top formation would remain in play. Initial supports lay at 103.00 and 102.75, daily cloud top, below which downside acceleration would open 102.50 and 102.18.

Res: 103.43; 103.57; 103.90; 104.22
Sup: 103.00; 102.75; 102.50; 102.18

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpy_20140129083301.png[/IMG]



[B]AUDUSD [/B]

The pair holds positive near-term tone, as extension of corrective rally from fresh low at 0.8658 probed above psychological 0.8800 barrier, also Fibonacci 61.8% of 0.8886/0.8658 descend and 4-hour 55DMA. Positive hourly conditions see potential for further upside, as 4-hour studies are gaining momentum. Break above fresh recovery tops at 0.8819/24 to confirm recovery and open key near-term barrier and breakpoint at 0.8886, 22 Jan high, with corrective actions to be ideally contained at 0.8760/50 zone, to keep fresh near-term bulls in play. On the larger picture, however, bears remain firmly in play and see resumption of larger downtrend upon completion of corrective phase.

Res: 0.8824; 0.8856; 0.8886; 0.8921
Sup: 0.8760; 0.8750; 0.8700; 0.8676

[IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/audusd_20140129083240.png[/IMG]

[Smetan]

вот прикольно на русско язычно сайте все публикации на иноземном языке, как же мне простому обывателю принимать обсуждение на данной ветке форуме,чудеса в решете, а так в общем ничего нового!