Crosses Currencies Analysis 13/12/2010 FXCBS

[fxcbsar]

Monday December 13 , 2010

 

Crosses Currencies Analysis

 

EUR/GBP

 

http://www2.fxcbs.com/newsletter/images/EURGBP.gif

 

We expect today for the pair Euro against Sterling a decline to the level of 83.510 SMA 50 and SMA 100 still providing strong resistance for the pair , also we could see a saturation in the purchasing process , these expectations require stability of the trading below the level of 84.140.

 

Support & Resistance:

Pair R1 R2 R3 P S1 S2 S3

EUR/GBP 0.83789 0.83920 0.84142 0.83754 0.83515 0.83380 0.83158

 

EUR/JPY

 

http://www2.fxcbs.com/newsletter/images/EURJPY.gif

 

Determined indicators for the pair Euro against the Japanese Yen show negative sign , but we need a clear penetration for the support level around 110.869, we expect if that penetration happen the pair will decline to the level 110.341.

 

Support & Resistance:

Pair R1 R2 R3 P S1 S2 S3

EUR/JPY 111.163 111.339 111.631 110.869 110.809 110.633 110.341

 

GBP/JPY

 

http://www2.fxcbs.com/newsletter/images/GBPJPY.gif

 

We expect for the pair Sterling against the Japanese Yen a bullish intraday to the level 133.070 , determined indicators show positive sign which may help the pair to penetrate the level 132.840, these expectations require stability of the trading above the level of 132.131.

 

Support & Resistance:

Pair R1 R2 R3 P S1 S2 S3

GBP/JPY 132.841 133.077 133.468 132.447 132.366 132.131 131.740

 

Crosses Currencies Analysis

Newsletter

http://www2.fxcbs.com/newsletter/crosses-analysis.html