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Wednesday, 12 December 2007

Mataf

EUR/USD - Euro Dollar
1,4656. EUR USD is in a range between 1,4650 and 1,4730. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The consolidation should continue. We won't take a position.

Resistances
1,4695 - 1,4730
Supports
1,4650 - 1,4600

AUD/USD - Australian Dollar US Dollar
0,8727. AUD USD broke 0,8830 support. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 0,8715 support. The volatility rises. Bollinger bands are deviated. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a support above 0,8715. We won't take a position.

Resistances
0,8780 - 0,8830
Supports
0,8715 - 0,8660

USD/JPY - Dollar Yen
110,62. USD JPY broke 111,50 support. USD JPY broke the uptrend to begin a bearish movement. The volatility is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should consolidate. The price should find a support above 110,50. If the support is broken then the target will be 109,50. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
111,00 - 111,50
Supports
110,50 - 109,50

EUR/JPY - Euro Yen
161,98. EUR JPY broke 164,00 support. EUR JPY broke the uptrend to begin a bearish movement. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a support above 162,00. If the support is broken then the target will be 160,00 (200 pips).

Resistances
162,70 - 163,25
Supports
162,00 - 160,00

GBP/JPY - British Pound Yen
225,09. GBP JPY broke 227,50 support. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a support above 224,50. If the support is broken then the target will be 222,00. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
225,70 - 227,50
Supports
225,00 - 223,80