Friday, September 28, 2007

crosses technical analysis 28-09-2007

GBP/JPY

The Pound against the Yen pair started heading towards the downside in a correctional move, yet the general trend remains to the upside and the first target is set to be the 234.85, and the point at 232.53 seems to offer good demand for the pair.

EUR/JPY

The Euro also declined against the Yen, as the technical indicators is still showing a bullish wave, and now the 164.79 level is set to be the first target for the pair, and the point at 162.72 seems to offer good demand for the pair.

EUR/GBP

The Euro is still consolidating against the Pound, as the pair is still able to hold onto its gains, and the technical indicators are still showing the upside movement, and the point at 0.6982 seems to offer good demand for the pair.

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