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Technical Indications From October 17, 2013

Technical Indications From October 17, 2013

As usual, here are a few more observations from Friday’s developments. The charts display the day’s support and resistance from the daily report issued around 2am-3am GMT and last for the rest of the day. Comments provide examples of integrating technical indicators and the implications. The dollar has broken below the recent consolidation areas and maintains a bearish momentum. There are some shorter term conflicts that could cause some choppy behaviour. USD/JPY

USD/JPY Hour Chart” title=”USD/JPY Hour Chart” width=”1024″ height=”457″ src=”https://d1-invdn-com.akamaized.net/content/pic18cac9719da08eda3284043bc07ae606.jpg” />EUR/USD

EUR/USD Hour Chart” title=”EUR/USD Hour Chart” width=”1024″ height=”457″ src=”https://d1-invdn-com.akamaized.net/content/picdf86c96ef06a99640f872fc26552ea0e.jpg” />USD/CHF

USD/CHF Hour Chart” title=”USD/CHF Hour Chart” width=”1024″ height=”457″ src=”https://d1-invdn-com.akamaized.net/content/pic88a7a7a8284207bd72c8cdb95f10b01b.jpg” />GBP/USD

GBP/USD Hour Chart” title=”GBP/USD Hour Chart” width=”1024″ height=”457″ src=”https://d1-invdn-com.akamaized.net/content/picc77bc1b2c42458f633e144126f3ff2f8.jpg” />EUR/JPY

EUR/JPY Hour Chart” title=”EUR/JPY Hour Chart” width=”1024″ height=”457″ src=”https://d1-invdn-com.akamaized.net/content/pica630c3a29993c5c1ffd170bf9774f8c3.jpg” />AUD/USD

AUD/USD Hour Chart” title=”AUD/USD Hour Chart” width=”1024″ height=”457″ src=”https://d1-invdn-com.akamaized.net/content/pic2dfa60fbfc6f5ee7a73ea8c8e14a1463.jpg” />

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