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[LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,2612. EUR USD is in a range between 1,2550 and 1,2690. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,2690 - 1,2810[B]Supports[/B]1,2580 - 1,2520[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex-eurusd.htm"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER][LEFT][SIZE="5"]GBP/USD - British Pound Dollar[/SIZE]1,4115. GBP USD is in a consolidation ...

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USD/JPY
Update Time:03 Mar 2009 08:02 GMT

Range Forecast
97.60 / 97.95

Resistance/Support
R: 98.17 / 98.72 / 99.00
S: 97.41 / 96.99 / 96.85
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EUR/USD
Update Time:03 Mar 2009 08:31 GMT

Range Forecast
+1.2640 / 1.2676+

Resistance/Support
R: 1.2676/1.2737/1.2751
S: 1.2579/1.2537/1.2513

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USD/CHF
Update Time:03 Mar 2009 08:07 GMT

Range Forecast
1.1700 / 1.1740

Resistance/Support
R: 1.1743/1.1797/1.1827 ...

[LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,2667. EUR USD broke 1,2630 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2700 (33 pips). The price should continue to move in 1,2520 / 1,2700 range. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,2690 - 1,2810[B]Supports[/B]1,2630 - 1,2520[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex-eurusd.htm"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER][LEFT][SIZE="5"]GBP/USD - British Pound Dollar[/SIZE]1,4122. GBP USD is in a consolidation after the last ...

[B]Bias:[/B] The 0.6288 support was broken only by 4 pips and the move higher should develop to 0.6419-50

Yesterday was a bit flat but this morning saw the dip to the 0.6288 support and just 4 pips below… Thus today we should see the correction higher I had anticipated yesterday. There is minor resistance at 0.6337 but I feel this will soon break for gains to extend through 0.6355-59 and 0.6382 en route the eventual target at 0.6419 minimum and 0.6450 maximum. I suspect the lower level should cap but do be aware of the 0.6450 resistance also. Thus only a break above 0.6455 would imply gains to 0.6490 & 0.6553.

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