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Above A Bullish SlantTitle:
Technical analysis of the USD/CHF pair on May 18th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF has continued its bullish movement and broke the resistance at 0.9450, giving us a new buy signal.
The opening gap is still not filled in.
All indicators are bullish.
The pair is still moving above its bullish slant (black line).
We continue to advise long positons as far as 0.94 is support.
The breakout of 0.95 will give a new buy signal and open the way towards 0.9550.
In case of return below 0.94, we will be neutral between this level and 0.9350.
See the previous analysis of the USD/CHF pair of May 17th, 2012
USD/CHF Analysis
Title:
Technical analysis of the USD/CHF pair on May 17th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF is testing since yesterday the resistance at 0.9450.
The opening gap is still not filled in.
All indicators are bullish.
The pair is still moving above its bullish slant (black line).
We continue to advise long positons as far as 0.9350 is support.
The breakout of 0.9450 will give a new buy signal and open the way towards 0.95.
In case of return below 0.9350, we will be neutral between this level and 0.93.
See the previous analysis of the USD/CHF pair of May 16th, 2012
USD/CHF Analysis
Title:
Technical analysis of the GBP/USD pair on May 16th, 2012
Commentary of the GBP/USD pair :
After a pullback on the resistance at 1.61, the pair GBP/USD took up its bearish movement and the breakout of 1.6050 and 1.60 both gave us a new sell signal.
The medium term bullish slant (black line) has been also broken.
All indicators are bearish.
We continue to advise short positions as far as 1.61 is resistance.
The breakout of 1.5950 will give a new sell signal and open the week towards 1.59.
In case of return above 1.61, we will be neutral between this level and 1.6150.
The breakout of 1.6150 will give a buy signal.
See the previous analysis of the GBP/USD pair of May 15th, 2012
GBP/USD Analysis
Title:
Technical analysis of the GBP/USD pair on May 15th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD is currently testing a pullback on the resistance at 1.61.
Indicators stay globaly bearish.
The pair is still moving above its medium term bullish slant (black line).
We continue to advise short positions as far as 1.6150 is resistance.
The breakout of 1.6050 will give a new sell signal and open the week towards 1.60.
In case of return above 1.6150, we will be neutral between this level and 1.62.
The breakout of 1.62 will give a buy signal.
See the previous analysis of the GBP/USD pair of May 14th, 2012
GBP/USD Analysis
Title:
Technical analysis of the GBP/USD pair on May 14th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD broke the support at 1.61 last friday, giving us a sell signal.
All indicators are bearish.
The pair is moving towards the medium term bullish slant (black line).
We continue to advise short positions as far as 1.6150 is resistance.
The breakout of 1.6050 will give a new sell signal and open the week towards 1.60.
In case of return above 1.6150, we will be neutral between this level and 1.62.
The breakout of 1.62 will give a buy signal.
See the previous analysis of the GBP/USD pair of May 11th, 2012
GBP/USD Analysis
Title:
Technical analysis of the GBP/USD pair on May 11th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD continues to test the support at 1.61.
Indicators are neutral.
The pair is still moving above a medium term bullish slant (black line).
We continue to advise long positions as far as 1.61 is support.
The breakout of 1.62 will give a new buy signal and open the way towards 1.63.
In case of return below 1.61, a sell signal will be given.
See the previous analysis of the GBP/USD pair of May 10th, 2012
GBP/USD Analysis
Title:
Technical analysis of the GBP/USD pair on May 10th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD made yesterday a new test of the support at 1.61.
Indicators are neutral.
The pair is still moving above a medium term bullish slant (black line).
We continue to advise long positions as far as 1.61 is support.
The breakout of 1.62 will give a new buy signal and open the way towards 1.63.
In case of return below 1.61, a sell signal will be given.
See the previous analysis of the GBP/USD pair of May 9th, 2012
GBP/USD Analysis
Title:
Technical analysis of the GBP/USD pair on May 9th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has failed to break the resistance at 1.62 yesterday and is currently making a correction.
Indicators are neutral.
The pair is still moving above a medium term bullish slant (black line).
We continue to advise long positions as far as 1.61 is support.
The breakout of 1.62 will give a new buy signal and open the way towards 1.63.
In case of return below 1.61, a sell signal will be given.
See the previous analysis of the GBP/USD pair of May 8th, 2012
GBP/USD Analysis
Title:
Technical analysis of the GBP/USD pair on May 8th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD got back yesterday above 1.6150, giving us a buy signal.
Indicators are neutral.
The pair is still moving above a medium term bullish slant (black line).
We continue to advise long positions as far as 1.61 is support.
The breakout of 1.62 will give a new buy signal and open the way towards 1.63.
In case of return below 1.61, a sell signal will be given.
See the previous analysis of the GBP/USD pair of May 7th, 2012
GBP/USD Analysis
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