Forex trading signals March 5, 2010

Currency Forex technical analysis Short term bias
 
EUR/USD Euro may stabilize at 1.3443 support and may rebound to 1.3840 in the short term. Bullish
 
GBP/USD As the GBP/USD gave away the 1.4986 resistance, the pair may climb to 1.5260 in
the short term. Support may be at 1.4780.
Cautiously Bullish
 
USD/JPY USD/JPY may find support at 89.15 in the short term, and the next support may be at 88.00. It may rebound to 92.15. Neutral
 
USD/CHF The pair may test lower at 1.0510 in the short term and the resistance may find at 1.0935. Bearish
 
USD/CAD The pair may test lower at 1.0205 in the short term, and the resistance may place at 1.0580. Neutral
 
AUD/USD The pair may stabilize at 0.8735 in the short term, and may rebound to 0.9072 resistance. Neutral
 
NZD/USD The pair may rebound back to 0.7145 in the short term, and support may find at 0.6805. Neutral
 
NY Crude Oil Crude oil fell yesterday, on concerns over the pace of U.S. economic recovery as pending sales of existing
U.S. homes fell more than expected in January. N.Y. crude oil may climb to USD 83.95 in the short term and support may be at USD 77.75.
Neutral
 
Gold Gold fell yesterday, as the U.S. dollar strengthened yesterday dampened the appeal of the precious metal as an alternative investment.
Gold may find support at USD 1070 in the short term, and it may find resistance at USD 1162.
Bullish

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