DAILY MARKET COMMENTARY
30 January 2012 – 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 BULLISH Momentum is positive; focus is on 1.3197, a break here would open 1.3244 next. Support lies at 1.3078.
USDJPY BEARISH Support comes in at 76.55 ahead of key low at 76.33. Resistance is at 77.49.
GBPUSD NEUTRAL Key bull trigger is at 1.5780; a clearance of which would expose 1.5811. Support lies at 1.5651 ahead of 1.5517.
USDCHF BEARISH Next supports are at 0.9112 and 0.9066. Resistance is at 0.9339 ahead of 0.9413.
AUDUSD BULLISH Resistance is at 1.0688 ahead of 1.0765, the September 2011 high. Support lies at 1.0588.
USDCAD BEARISH Momentum conditions are bearish; support lies at 0.9975 ahead of 0.9892, the October 2011 low. Resistance is at 1.0052, a prior low.
EURCHF NEUTRAL Support lies at 1.2058 while resistance is at 1.2133.
EURGBP BEARISH Initial support lies at 0.8310 ahead of 0.8273. Key resistance is at 0.8422.
EURJPY BULLISH Resistance is at 102.54, the Dec. 21 key high, a break of which would pave the way for gains towards 104.32. Support lies at 100.03.
SCHEDULE
Please visit our Economic Calendar for a for a schedule of market news and events: http://www.fibosignals.com/5585/calendar.html.
A. White
Analyst at Fibosignals.com
DISCLAIMER: Fibosignals.com’s Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be used as investment advice. Fibosignals.com assumes no responsibility or liability from gains or losses incurred by the information herein contained. Opinions, conclusions and other information expressed in this message are not given or endorsed by Fibosignals.com unless otherwise indicated by an authorized representative.
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