28th of November 2011 - Technical Forex Market Overview

DAILY MARKET COMMENTARY
28 November 2011 – 8:00 GMT
Monday

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Market Analysis Desk
Foreign Exchange Research: www.fibosignals.com/5585/resources.html
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TECHNICAL DATA

EURUSD BEARISH Focus is on 1.3146, the key low from Oct. 4, a break below which would open the way for deeper pullback towards 1.2867. Resistance is at 1.3412.

USDJPY BULLISH Next resistances are at 78.06 and 78.40. Support lies at 77.10.

GBPUSD BEARISH Support lies at 1.5423 ahead of 1.5272, Oct. 6 key low. Resistance is at 1.5566.

USDCHF BULLISH A clear break above 0.9316 would pave the way for gain towards 0.9401. Support lies at 0.9190.

AUDUSD BEARISH Break below 0.9742 would expose 0.9664. Resistance is at 1.0000.

USDCAD BULLISH Near-term resistance is at 1.0474 ahead of 1.0524. Support lies at 1.0346.

EURCHF NEUTRAL Key resistance is at 1.2474 while support lies at 1.2251.

EURGBP NEUTRAL Near-term directional triggers are at 0.8665 and 0.8519.

EURJPY BEARISH Support comes in at 102.43 ahead of 101.62. Resistance is at 104.39.


A. White
Analyst at Fibosignals.com

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