Friday, September 21, 2007

crosses technical analysis 21-09-2007

GBP/JPY

The Pound against the Yen pair is still consolidating, yet the general trend for the pair remains to the upside, and the point at 230.98 seems to offer good demand for the pair.

EUR/JPY

The Euro declined slightly against the Yen, in a correctional move for the pair, yet targets remain at the 162.91 then 163.80, and the point 161.65 seems to offer good demand for the pair.

EUR/GBP

The Euro against the Pound pair declined back, as the momentum indicators show the pair was in an overbought area, yet the general trend for the pair is still to the upside, and the point at 0.6972 seems to offer good demand for the pair.

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