WB, PLEASE USE ONE THREAD FOR THIS ANALYSIS, DO NOT FORM NEW THREADS EACH TIME... I HAVE PM'D YOU BEFORE AND ALSO REQUESTED THIS IN ONE OF YOUR PREVIOUS THREADS...DO YOU READ THESE FORUMS OR DO YOU JUST RAPIDFIRE THROUGH YOUR LIST OF FORUMS? MODERATOR EUR/USD Extended decline from 1.3743 09 Feb lower high, to post fresh low at 1.3427 yesterday, ahead of the latest recovery attempt. This is seen capped by 1.3550, 38.2% of 1.3743/1.3427 decline for now, with lift above 1.3550/76 required to signal further recovery and open 1.3584, 50%, and 1.3620/37, 61.8% / 10 Feb intraday high. Upside rejection under 1.36, however, signal lower top and fresh weakness for retest of 1.3427 and attempt at 1.3395, 20 Jan low / channel support and 1.3366, 50% retracement of 1.2872/1.3860 upleg. Res: 1.3550, 1.3557, 1.3570, 1.3620 Sup: 1.3460, 1.3427, 1.3395, 1.3366 GBP/USD Reversal from 1.6277, 03 Feb high, has so far found good support at 1.60 zone, ahead of strong rally that cleared several resistances and retraced over 61.8% of 1.6277/1.5996 decline at 1.6169, just ahead of 1.6184, 07 Feb lower high. Break here is needed to open way for test of 1.6277/97, key near-term resistances, clearance of which will trigger fresh phase higher. Immediate support lies at 1.6114/05. Res: 1.6169, 1.6184, 1.6228, 1.6277 Sup: 1.6114, 1.6105, 1.6090, 1.6076 USD/JPY Extends recovery from 81.10 low to break above 83.67, previous high of 07 Feb to test 83.90, 21 Dec 2010 high, ahead of possible extension to 84.19 and final attempt at 84.49, 15 Dec 2010 high and key short-term resistance. Break here is needed to trigger fresh leg higher on recovery attempt from 80.24, 01 Nov 2010 low. Higher platform at 83.18/07 underpins the advance. Res: 83.90, 84.19, 84.49, 85.00 Sup: 83.58, 83.18, 83.05, 82.80 USD/CHF Extends near-term recovery from 0.9327, through 0.9685/ 0.9762 resistances, extending gains to 0.9773, just under key short-term resistance at 0.9784. Correction lower has so far found foothold at 0.9680, with fresh strength looking for retest of 0.9773/84, break of which is needed to confirm higher low at 0.9327 and open way for stronger recovery towards 0.9850/0.9910. At the downside, immediate support lies at 0.9680, ahead of 0.9603/0.9550, 38.2% / 50% retracement of 0.9327/0.9773 ascend. Res: 0.9741, 0.9773, 0.9784, 0.9800 Sup: 0.9680, 0.9660, 0.9603, 0.9550