Technical analysis and forex forecast pair EUR USD "Euro Dollar" on February 7, 2012
Eurodollar currency pair is moving in the forecast. To date, the reversal pattern formed "Double Top" with the overall aim of improving on the level of 1.2895. We can consider selling the pair eur usd with tight stop. Cancellation option will be breaking the local maxima.
Technical analysis and forex forecast pair GBP USD "Pound Dollar" on February 7, 2012
The pound is also moving through the forecast. To date, the couple gbp usd broke the lower boundary of the rising channel. Expect a rebound and fall to the level of 1.5620. We can consider selling the pair with a close stop. Cancellation option will break through the level of 1.5865.
Technical analysis and forex forecast pair USD CHF "Swiss Franc" on February 7, 2012
As expected, a pair of usd chf shaped reversal pattern "double bottom". To date, broken resistance level of 0.9250, we can expect further growth in the region of a pair of 0.9365. You can consider buying the usd chf the tight stop below 0.9225. Cancellation of the same options will be breaking the support level of 0.9125.
Technical analysis and forex forecast pair AUD USD "Australian Dollar" on February 7, 2012
Australian stubbornly continues to grow. At the moment there is the risk of reversal pattern "head and shoulders." Expect a test level of 1.0755, from which can be considered aggressive sales aud usd with a tight stop. Increase the volume of short positions is only with a penetration level of 1.0665. The purpose of the fall is the area of 1.0530. Cancellation option will be the pair above 1.0800.
