Technical analysis Trading Online 30 March 2012

EUR/USD Bias is neutral in the short term but over the price moves within a bullish channel price remains in a bullish phase since reflected from 1.3000. Key Support around the area of the lower channel line and bullish about MA200 1.3255 area. To move up, target the nearest bullish around 1.3400 which is also the 50% Fibonacci retracement level since the decline of the area 1.4230. Break level is consistent and daily closing above the area could trigger further bullish scenario at least to 1.3500.1.3480 area –


GBP/USD Bias is neutral in the short term. Overall the prices are still in a phase of bullish daily since false break down 1.5650 however still need to break and level the p above 1.6000 enutupan daily to continue bullish scenario test area 1.6040 – 1.6090. Nearest Support around 1.5925 – 1.5900, break down those areas could trigger further bearish correction towards 1.5850 and keeping the price remain in a range of areas a little longer.


AUD/USD bearish Bias in the short term, especially if the price can go back down through the support area to area 1.0320 1.0200. Nearby there are around resistant 1.0420, break a consistent back up those areas could trigger a bullish correction continued tested 1.0500. But overall for the price remained under 1.0600 we still prefer the bearish scenario in this phase.

XAU/LOCO gold will remain in pressure as long as the price moves below the area of 1666, headed for the area of 1645 or even 1628. While the break into the structure area 1666 will membwa gold is up to test the area before heading to the area in 1690 1675.

CRUDE OIL (CRUDE OIL) of crude oil fell sharply to hit level 102.12 and closed above the 50% Fibonacci retracement level. The movement of crude oil today is still a possible rebound until the half real body yesterday. Resistance is seen at 104.67. However, the sentiment is bearish, as demonstrated technical indicators RSI and Stochastic. The initial Target in the lowest level yesterday's bearish 102.12 and 100.96.
HANGSENG INDEX from the standpoint of daily, the bias still neutral in the short term, it needs to break down the area to trigger a bearish momentum 20280 continued to support key areas of 20000. The nearest are in areas resistant 20830, break up this area will bring the hang seng up to test area 20920.


The NIKKEI INDEX Nikkei was bearish correction in phase in the short test the MA200 about 9920 area. While the stochastic oversold on the graph 4 hours can trigger the reversal bulish to continue bullish scenario. Break up into the area of resistant canid 10070 will cancel the bearish bias to test area 1025 or even 10250. However we still prefer a bullish bias as long as prices remained above the MA200.

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