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							                  Technical Research

                  FX Daily
                  Technical Analysis                                                                       Alpari Financial Services (India) Pvt. Ltd.
                                                                                                                              76 C, 3 North Avenue
                                                                                                             Maker Maxity, Bandra Kurla Complex
                                                                                                                     Bandra East, Mumbai 400 051
                    26th Aug 2011
                                                                                                                                  +91-22-6156 3000       T
                                                                                                                                  +91-22-6156 3001       F
                    Technical Reports for EUR/USD                                                                                  info@alpari.co.in     E
                                                                                                                                   www.alpari.co.in      W


                    EUR/USD ST: The upside prevails.

                    Our pivot point stands at 1.4360.

                    Our preference: LONG positions @ 1.437 with 1.4425 & 1.4475 in sight.

                    Alternative scenario: The downside penetration of 1.436 will call for a slide towards 1.433 & 1.429.

                    Comment: The pair has rebounded on its support and is approaching its intermediary resistance

                    Support & Resistance:
                    1.4515** Intraday resistance
                    1.4475*** Intraday resistance
                    1.4425*** Intraday resistance
                    1.441 Last
                    1.436*** Intraday pivot point
                    1.433** Intraday support
                    1.429*** Intraday support
alpari.research




                    FX Daily
                  Technical Reports for GBP / USD

                  GBP/USD ST: Under pressure.

                  Our pivot point stands at 1.6345.

                  Our preference: SHORT positions @ 1.6335 with 1.626 & 1.6225 in sight.

                  Alternative scenario: The upside breakout of 1.6345 will open the way to 1.64 & 1.6425.

                  Comment: The pair is posting a rebound but stands below its resistance.

                  Support & Resistance:

                  1.6425*** Intraday resistance
                  1.64*** Intraday resistance
                  1.6345** Intraday pivot point
                  1.631 Last
                  1.626*** Intraday support
                  1.6225** Intraday support
                  1.62** Intraday support
alpari.research




                     FX Daily
                  Technical Reports for USD/JPY

                  USD/JPY ST: The upside prevails.

                  Our pivot point is at 77.15

                  Our preference: LONG positions @ 77.2 with targets @ 77.5 & 77.7.

                  Alternative scenario: The downside penetration of 77.15 will call for 76.85 & 76.7.

                  Comment: The pair is pulling back on its new support ahead of a rebound.

                  Support & Resistance:

                  77.85** Intraday resistance
                  77.7*** Intraday resistance
                  77.5** Intraday resistance
                  77.28 Last
                  77.15** Intraday pivot point
                  76.85*** Intraday support
                  76.7** Intraday support
alpari.research




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                      FX Daily