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EURUSD is facing 1.3125 resistance, a break above this level will indicate that the uptrend from 1.2661 has resumed, then further rise towards 1.3500 could be seen. On the downside, as long as 1.3125 resistance holds, the rise from 1.2877 would possibly be correction of the downtrend from 1.3125, and one more fall to 1.2800 is still possible.

Being contained by 1.0624 (Sep 14 high) resistance, AUDUSD pulls back from 1.0585, suggesting that a cycle top is being formed on 4-hour chart. Range trading between 1.0500 and 1.0585 would likely be seen in a couple of days. As long as the channel support holds, the fall would possibly be consolidation of the uptrend from 1.0287, and another rise to test 1.0624 resistance is still possible. On the downside, a clear break below the channel support will suggest that the uptrend from 1.0287 has completed at 1.0585 already, then the following downward movement could bring price back to 1.0000 zone.

This thread is for GBP/USD Pivot Points GBPUSD H 4H D W M R3 1.6185 1.6262 1.6215 1.6239 1.6528 R2 1.6181 1.622 1.6184 1.6184 1.6351 R3 1.6174 1.6196 1.6147 1.611 1.618 PP 1.617 1.6154 1.6116 1.6055 1.6003 S1 1.6163 1.613 1.6079 1.5981 1.5832 S2 1.6159 1.6088 1.6048 1.5926 1.5655 S3 1.6152 1.6064 1.6011 1.5852 1.5484

This thread is for EUR/USD Pivot Points EURUSD H 4H D W M R3 1.3172 1.3294 1.3164 1.3325 1.3486 R2 1.3167 1.3234 1.3132 1.3225 1.3257 R1 1.3163 1.32 1.3104 1.3075 1.3119 PP 1.3158 1.314 1.3072 1.2975 1.289 S1 1.3154 1.3106 1.3044 1.2825 1.2752 S2 1.3149 1.3046 1.3012 1.2725 1.2523 S3 1.3145 1.3012 1.2984 1.2575 1.2385

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This thread is for EUR/USD Daily Analysis EUR/USD Analysis – December 11, 2012 EURUSD remains in downtrend from 1.3125, the rise from 1.2877 is likely consolidation of the downtrend. Resistance is at 1.3000, as long as this level holds, further decline could be expected after consolidation, and next target would be at 1.2800 area.

This thread is for AUD/USD Daily Analysis AUD/USD Daily Analysis – December 11, 2012 AUDUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will indicate that the uptrend from 1.0287 has completed at 1.0515 already, then the following downward movement could bring price back to 1.0000 zone. On the upside, as long as the trend line support holds, the fall from 1.0515 could be treated as consolidation of the uptrend, and one more rise to 1.0550 area is still possible.

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