Technical analysis: Forex markets long-term

 

The market is up trending. GPB should target higher levels in 2013.

GBPUSD
 

Resistance: 1.64, 1.66, 1.68

Support: 1.60, 1.58, 1.56

The market is up trending. GPB should target higher levels in 2013.

EURUSD

Resistance: 1.33, 1.36, 1.38

Support: 1.30, 1.28, 1.26

The massive head and shoulders formation might anticipate a breakout and a move higher for the euro.
 

USDJPY

Resistance: 88, 92, 94

Support: 84,82,80

The first target is 88.00. Then, will it be 92.00 for USDJPY?

AUDUSD

Resistance: 1.0450, 1.0580

Support: 1.03, 1.01

In 2013, will the Australian dollar decline sharply?

USDCAD

Resistance: 1, 1.01, 1.02

Support: 0.98, 0.96, 0.94

Risk is off for now. Will the huge double top support the Canadian dollar higher?

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