TECHNICAL ANALYSIS FOR 01.05, 2012

Forex Metal Daily Newsletter Send to a Friend |  Visit our website |  Unsubscribe  Tuesday, 01 May 2012 TECHNICAL ANALYSIS  for 01.05, 2012   EURUSD The pair has risen to the Moving Average (100) at 1.32148. If the pair stays above this level the pair will rise to 1.33143. Resistance:  1.33143, 1.34882, 1.35984 Support:  1.31674, 1.30277, 1.28630 GBPUSD The pair has nearly touched 1.63316 and rolling back to 1.62050. If 1.62050 is broken the pair will decline to 1.60322. Resistance:  1.63316, 1.64636, 1.65706 Support:  1.62050, 1.60322, 1.58543 USDCHF The pair has drawn five lines inside the triangle. The pair is testing the lower line of the triangle at 0.90670. If this level is broken the pair may decline to 0.89635. Resistance:  0.91079, 0.92026, 0.93069 Support:  0.89635, 0.88418, 0.87214 USDJPY The pair has declined to the Moving Average (200) at 79.707. If the pair breaks this level the pair will decline to 79.070. Resistance: 80.438, 81.399, 82.219 Support:  79.707, 79.070, 77.539 AUDUSD The pair is trading in the range between Moving Averages (100 and 500) 1.04407 and 1.02558. If the pair breaks 1.02558 the pair will decline to 1.01744. Resistance:  1.04407, 1.05332, 1.06164 Support: 1.03535, 1.02558, 1.01744               Useful Links Discuss currency news with other traders in FX2Day forum: https://fx2day.net/forum/mvnforum/index Download free demo platform: https://forex-metal.com/home/download Ready to open a real account to start trading? You can do it here: https://forex-metal.com/accounts/new Did you know that you can earn commission simply for referring a friend to us? There are 3 commission options you can choose from. To learn more please visit our Introducing Brokers page: https://forex-metal.com/broker_inquiries/new Watch our new commercial at YouTube: http://www.youtube.com/watch?v=o0fQEydv-3M Open Account |  Economic Calendar |  PIP Value Calculator |  Forex for Beginners   Forex Metal T: 1-866-464-0944 F: 1-800-689-8298 E: info@forex-metal.com You are receiving this e-mail because you have subscribed to free daily FX news via Forex-Metal.com website. If you do not want to receive any e-mail messages from us please send a message to support@forex-metal.com with UNSUBSCRIBE in the subject line. Please do not reply to this newsletter.