Technical Analysis For December 12 -16, 2011.

Our last technical analysis for this year will be on Wednesday, 14th December 2011. Daily technical analysis will resume on 10th January 2012. EURUSD The pair has declined to 1.33427. If the pair stays below this level the pair will decline to the Moving Average (500) at 1.28800. Resistance:  1.37441, 1.41130, 1.44835 Support: 1.33427, 1.28800, 1.25667 GBPUSD The pair stays below 1.59962 and may decline to Fibonacci 23% at 1.53340. Resistance:  1.59962, 1.64274, 1.68504 Support:  1.52523, 1.48532, 1.43344 USDCHF The pair is trying to stay above 0.91074 this will bring pair to test resistance at 0.93264.  Resistance:  0.93264, 0.96597, 0.99031 Support: 0.91074, 0.88022, 0.85633 USDJPY The pair is rolling back to 76.535. Resistance:  80.244, 83.330, 86.836 Support:  76.535, 73.126, 69,117 AUDUSD The pair has risen above resistance 1.01873. If the pair stays above this level the pair will rise to 1.03847. If the pair stays below 1.01873 the pair will decline to 1.00031. Resistance:  1.01873, 1.03847, 1.05810 Support:  1.00031, 0.97889, 0.94417