{"id":13026,"date":"2010-09-14T12:00:57","date_gmt":"2010-09-14T16:00:57","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13026"},"modified":"2010-09-14T12:00:57","modified_gmt":"2010-09-14T16:00:57","slug":"short-term-technical-analysis-for-majors-1350-gmt","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/14\/short-term-technical-analysis-for-majors-1350-gmt\/","title":{"rendered":"Short Term Technical Analysis for Majors (13:50 GMT)"},"content":{"rendered":"<p><strong>EUR\/USD<\/strong><\/p>\n<p>Remains in a near-term uptrend from 1.2643, with today\u2019s attempt to retest 1.2920 upper range limit, running out of steam at 1.2908, ahead of shallow correction.<\/p>\n<p>Clearance of 1.2920\/31 resistance zone is needed to resume recovery and focus 1.2960\/1.3049, Fibonacci levels, otherwise, the recent structure remains negative for test of lower range limits at 1.2643\/24.<\/p>\n<p>Res: 1.2908, 1.2920, 1.2931, 1.2960<\/p>\n<p>Sup: 1.2823, 1.2792, 1.2765, 1.2745<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/mediaserver.fxstreet.com\/Reports\/325f5b3f-7a7d-4768-8193-afec3573778f\/eurusd_20100914135033.gif\" alt=\"\" width=\"300\" height=\"350\" \/><\/p>\n<p><strong>GBP\/USD<\/strong><\/p>\n<p>Continues to trade within an hourly falling channel, with scope set for retest of channel support, currently near 1.5250. Multi-week structure also suggests the end of a complex corrective phase off 1.3500. Regain of 1.5486, however, would ease bear pressure.<\/p>\n<p>Res: 1.5464, 1.5492, 1.5532, 1.5596<\/p>\n<p>Sup: 1.5343, 1.5295, 1.5250, 1.5235<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/mediaserver.fxstreet.com\/Reports\/325f5b3f-7a7d-4768-8193-afec3573778f\/gbpusd_20100914135011.gif\" alt=\"\" width=\"300\" height=\"350\" \/><\/p>\n<p><strong>USD\/JPY<\/strong><\/p>\n<p>Yesterday\u2019s upside rejection at 84.37 has triggered fresh weakness. Channel loss triggered a drop to breach 83.25, trendline drawn off 83.58, 24 Aug low. This now opens 82.98\/30, with extension to 81.88, May 1995 low seen short-term. Upside, 83.73\/83 now caps while 84.37 becomes key near-term resistance.<\/p>\n<p>Res: 83.83, 84.17, 84.47, 84.62<\/p>\n<p>Sup: 82.98, 82.30, 81.88, 81.50<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/mediaserver.fxstreet.com\/Reports\/325f5b3f-7a7d-4768-8193-afec3573778f\/usdjpy_20100914134948.gif\" alt=\"\" width=\"300\" height=\"350\" \/><\/p>\n<p><strong>USD\/CHF<\/strong><\/p>\n<p>Rejection at 1.0276, near 38.2% of 1.0630\/1.0060 decline, confirmed the underlying bear structure. Loss of critical support at 1.0065\/60, multi year bear continuation pivot, would project a significant weakness longer-term, with 0.9916 seen first. Upside, 1.0071 caps for now.<\/p>\n<p>Res: 1.0071, 1.0097, 1.0132, 1.0170<\/p>\n<p>Sup: 0.9980, 0.9960, 0.9949, 0.9916<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/mediaserver.fxstreet.com\/Reports\/325f5b3f-7a7d-4768-8193-afec3573778f\/usdchf_20100914134831.gif\" alt=\"\" width=\"300\" height=\"350\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD Remains in a near-term uptrend from 1.2643, with today\u2019s attempt to retest 1.2920 upper range limit, running out of steam at 1.2908, ahead of shallow correction. Clearance of 1.2920\/31 resistance zone is needed to resume recovery and focus 1.2960\/1.3049, Fibonacci levels, otherwise, the recent structure remains negative for test of lower range limits at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/14\/short-term-technical-analysis-for-majors-1350-gmt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Short Term Technical Analysis for Majors (13:50 GMT)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13026","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=13026"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}