{"id":13237,"date":"2010-09-22T08:03:45","date_gmt":"2010-09-22T12:03:45","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13237"},"modified":"2010-09-22T08:03:45","modified_gmt":"2010-09-22T12:03:45","slug":"short-term-technical-analysis-for-majors-0730-gmt-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/22\/short-term-technical-analysis-for-majors-0730-gmt-2\/","title":{"rendered":"Short Term Technical Analysis for Majors (07:30 GMT)"},"content":{"rendered":"<p><strong>EUR\/USD<\/strong><\/p>\n<p>Fresh strength has emerged from a 3-day bull pennant, en-route to 1.3332, key resistance level. Break here open way for a continuation of short-term uptrend off 1.1875 and expose 1.3365, 03 May, possibly 1.3417\/22, 27\/22 Apr highs. Downside, 1.3156 should contain corrective dips.<\/p>\n<p>Res: 1.3332, 1.3365, 1.3417, 1.3422<br \/>\nSup: 1.3250, 1.3232, 1.3200, 1.3156<\/p>\n<p><strong>GBP\/USD<\/strong><\/p>\n<p>Yesterday\u2019s downside rejection at 1.5502 has triggered a fresh rally, to nearly fully retrace the latest 1.5728\/1.5502 downleg. Clearance of 1.5728 is needed to resume correction off 1.5295 higher low and expose 1.5820 next. Failure under 1.5728, however, risks lower top and fresh weakness towards 1.5502.<\/p>\n<p>Res: 1.5728, 1.5760, 1.5820, 1.5860<br \/>\nSup: 1.5600, 1.5585, 1.5569, 1.5535<\/p>\n<p><strong>USD\/JPY<\/strong><\/p>\n<p><strong> <\/strong><\/p>\n<p>Continues to move lower after completing the latest 82.86\/85.92 ascend, with market\u2019s renewed attempt at 84.72 now under way. Loss of the latter will focus 84.48\/36 next, with retest of 82.86 not ruled out. Upside, reclaim of 85.92 would signal fresh strength.<\/p>\n<p>Res: 85.17, 85.51, 85.80, 85.92<br \/>\nSup: 84.72, 84.48, 84.36, 84.05<\/p>\n<p><strong> <\/strong><\/p>\n<p><strong>USD\/CHF<\/strong><\/p>\n<p>Has fully retraced the latest 0.9931\/1.0181 upleg, with favored break below 0.9931 to open key medium-term pivot at 0.9916. Break here will confirm the long-term bear flag and open 0.9870 next. Upside, 0.9980\/1.0014 offers immediate cap.<\/p>\n<p>Res: 0.9980, 1.0014, 1.0060, 1.0073<br \/>\nSup: 0.9931, 0.9916, 0.9887, 0.9870<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD Fresh strength has emerged from a 3-day bull pennant, en-route to 1.3332, key resistance level. Break here open way for a continuation of short-term uptrend off 1.1875 and expose 1.3365, 03 May, possibly 1.3417\/22, 27\/22 Apr highs. Downside, 1.3156 should contain corrective dips. Res: 1.3332, 1.3365, 1.3417, 1.3422 Sup: 1.3250, 1.3232, 1.3200, 1.3156 GBP\/USD &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/22\/short-term-technical-analysis-for-majors-0730-gmt-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Short Term Technical Analysis for Majors (07:30 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-13237","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13237","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=13237"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13237\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}