Technical Analysis /12:10 GMT/ (EUR/USD, GBP/USD, EUR/JPY, GBP/JPY) 25.05.2010.

 

EUR/USD (short term):. The pair is capped by a bearish channel. Sell under: 1.2315. TP at 1.2200 and 1.2150. Key levels: 1.2045, 1.2150, 1.2200, 1.2216, 1.2315, 1.2400, 1.2480

GBP/USD (short term): The pair is under pressure. Further downside moves are likely. Buy Sell under 1.4400. TP 1.4235 and 1.4150. Key levels: 1.4070, 1.4150, 1.4235, 1.4283, 1.4400, 1.4470, 1.4530

EUR/JPY (short term): The pair is likely to fall to it’s previous low. Sell under 111.20. TP 109.30 and 108.05. Key levels: 107.65, 108.50, 109.30, 109.65, 111.20, 111.90, 113.50

GBP/JPY (short term): The pair is under pressure. Sell under 129.50. TP 127.70 and 126.75 Key levels: 125.80, 126.75, 127.70, 128.38, 129.50, 130.50, 131.50

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