{"id":13249,"date":"2010-09-22T11:27:34","date_gmt":"2010-09-22T15:27:34","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13249"},"modified":"2010-09-22T11:27:34","modified_gmt":"2010-09-22T15:27:34","slug":"short-term-technical-analysis-for-majors-1430-gmt","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/22\/short-term-technical-analysis-for-majors-1430-gmt\/","title":{"rendered":"Short Term Technical Analysis for Majors (14:30 GMT)"},"content":{"rendered":"<p><strong>EUR\/USD<\/strong><\/p>\n<p>Break through key pivotal resistance at 1.3332 today has sparked fresh gains through 1.3417\/22, April highs, to reach 1.3438 so far. Market now looks for test of 1.3510\/23, 50% of 1.5144\/1.1875 decline\/20 Apr high. Overextended hourly conditions warn of possible correction, with 1.3266\/32 offering initial support.<\/p>\n<p>Res: 1.3438, 1.3510, 1.3523, 1.3545<br \/>\nSup: 1.3300, 1.3266, 1.3250, 1.3232<\/p>\n<p><strong>GBP\/USD<\/strong><\/p>\n<p>Rally off yesterday\u2019s 1.5502 low failed at 1.5714, just under key 1.5728 resistance, increasing risk of lower high and fresh weakness that will re-expose 1.5502. Break above 1.5728 will confirm higher low and signal a continuation of near-term uptrend from 1.5295.<\/p>\n<p>Res: 1.5714, 1.5728, 1.5760, 1.5820<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 today\u2019s break below 84.72\/48 supports, now looking for test of 84.05, possibly 82.86 on a break. Upside, 85.20 offers immediate cap.<\/p>\n<p>Res: 85.20, 85.51, 85.80, 85.92<br \/>\nSup: 84.36, 84.05, 83.75, 83.34<\/p>\n<p><strong> <\/strong><\/p>\n<p><strong>USD\/CHF<\/strong><\/p>\n<p>Today&#8217;s break below 0.9916, 2009 low, posted 26 Nov, sparked fresh weakness. Bears look for test of 0.9785, ahead of possible return to the 0.9630 all-time low. Only regain of \u00a00.9983, today\u2019s high, would offer relief and open 1.0075 instead.<\/p>\n<p>Res: 0.9926, 0.9933, 0.9980, 1.0014<br \/>\nSup: 0.9808, 0.9800, 0.9785, 0.9700<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD Break through key pivotal resistance at 1.3332 today has sparked fresh gains through 1.3417\/22, April highs, to reach 1.3438 so far. Market now looks for test of 1.3510\/23, 50% of 1.5144\/1.1875 decline\/20 Apr high. Overextended hourly conditions warn of possible correction, with 1.3266\/32 offering initial support. Res: 1.3438, 1.3510, 1.3523, 1.3545 Sup: 1.3300, 1.3266, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/22\/short-term-technical-analysis-for-majors-1430-gmt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Short Term Technical Analysis for Majors (14:30 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-13249","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13249","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=13249"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13249\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}