7 November 2001, 11:37  Market Technicals from Commerzbank AG

Written by: Karen Jones

EUR/USD
Support .8940*, .8925** , .8900, .8870** .8845/25**,
Resistance: .9005/20**, .9080 .9100/10**RL, .9155**
POSITION: Shorts stopped, square

USD/CHF
Resistance 1.6445/75**, 1.6540**DT, 1.6650, 1.6685**, 1.6700*,
Support 1.6360, 1.6255/50*, 1.6150/30**, 1.6090, 1.6060**, 1.6000**
POSITION: Short 1.6445

GBP/USD
Support1.4595, 1.4550, 1.4510/00**, 1.4420/15**,
Resistance 1.4685/1.4700**, 1.4720/35**, 1.4750 1.4800/40**,
POSITION: Longs reinstated above 1.4625.

USD/JPY
Support 120.70, 120.45** 119.70**, 118.70/65*, 118.45
Resistance 121.40, 122.10/15*, 122.60*, 123.35/55**, 123.80/90**
POSITION: Short 121.50, profit stop 121.40 Target 120.70/120.45

EUR/JPY
Support: 108.20**, 107.90** u p t r , 1 0 7 . 0 0 , 106.05/00**, 105.40**,
Resistance: 108.85, 109.00, 109.50/80*, 110.05, 110.70/90**, 111.75**
POSITION:Shorts from 109.40 reversed 108.60/20, long

EUR/GBP
Support .6130, .6105 .6070**,.6055** SL .6000*
Resistance .6165, .6185*, .6190**, .6225, .6245* .6255* RL, .6285/95**
POSITION: Short .6155, stop .6165 Target .6105

EUR/CHF
Support 1.4675, 1.4660** 1.4595*, 1.4565/60
Resistance 1.4750**DT, 1.4830/35**, 1.4865/75*, 1.4930**, Downtrend at 1.4750
POSITION: Short 1.4735, s/r 1.4750 Target 1.4600

© 1999-2024 Forex EuroClub
All rights reserved