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Advise Long PositionsTitle:
Technical analysis of the AUD/USD parity on May 21th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support on 0.98 last friday.
The pair continues to move on the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 0.9950 is resistance.
The breakout of 0.98 will give a new sell signal and open the way towards 0.97.
In case of return above 0.9950, we will wait the breakout of 1.0 to advise long positons.
See the previous analysis of the AUD/USD parity of May 18th, 2012
AUD/USD Analysis
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Technical analysis of the EUR/CHF pair on May 21th, 2012
Commentary of the EUR/CHF pair:
The pair EUR/CHF continues to move below the minor resistance at 1.2030 without volatility.
All indicators are neutral.
The pair seems to move below a bearish slant (purple line).
We continue to advise short positions as far as 1.2030 is resistance.
The breakout of 1.2010 will give a new sell signal and open the way towards 1.20.
In case of return below 1.2030, we will wait the breakout of 1.2050 to advise long positions.
See the previous analysis of the EUR/CHF pair of May 18th, 2012
EUR/CHF Analysis
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Technical analysis of the EUR/JPY pair on May 21th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY just validated a return above 101 points.
The pair is still moving below the lower band of its bearish channel (purple lines).
All indicators are still bearish.
We continue to advise short positions as far as 102 is resistance.
A return below 101 below will comfort our bearish feeling.
The breakout of 100 will give a new sell signal and open the way towards 99.
In case of return above 102, we will wait the breakout of 103 to advise long positions.
See the previous analysis of the EUR/JPY pair of May 18th, 2012
EUR/JPY Analysis
Title:
Technical analysis of the EUR/USD pair on May 21th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD has faked last friday the breakout of the support at 1.27 and is currently testin a pullback on 1.28.
The pair is still moving below the lower band of its bearish channel (purple line).
A paralell of this bearish channel is acting as resistance (pink line).
All indicators are still bearish.
We continue to advise short positions as far as 1.28 is resistance.
A return below 1.2750 will comfort our sell signal.
The breakout of 1.27 will give a new sell signal and open the way towards 1.2650 and 1.26.
In case of return above 1.28, we will then wait the breakout of 1.29 to advise long positions.
See the previous analysis of the EUR/USD pair of May 18th, 2012
EUR/USD Analysis
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Technical analysis of the USD/CAD pair on May 21th, 2012
Commentary of the USD/CAD pair :
1.0230 acted as resistance last friday on the pair USD/CAD.
The pair is moving just below this level and is taking support on the upper band of its bullish channel (black lines).
All indicators are bullish.
We continue to advise long positions as far as 1.01 is support.
The breakout of 1.0230 will give a new buy signal and will open the way towards 1.03.
In case of return below 1.01, we will be neutral between this level and 1.0050.
The breakout of 1.0050 will give a sell signal.
See the previous analysis of the USD/CAD pair of May 18th, 2012
USD/CAD Analysis
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Technical analysis of the XAU/USD (Gold) pair on May 18th, 2012
Commentary of the XAU/USD (Gold) pair:
The gold has continued its rebound and is currently testing a pullback on the resistance at 1577 points and also on the lower band of its bearish channel (purple lines).
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1577 points is resistance.
A return below 1550 points will comfort our bearish feeling.
The breakout of 1520 will both a new sell signal and open the way towards 1500 points.
In case of return above 1577 points, we will wait the breakout of 1600 to advise long positions.
See the previous analysis of the XAU/USD pair of May 17th, 2012
XAU/USD Analysis
Title:
Technical analysis of the AUD/USD parity on May 18th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD took up yesterday its bearish movement and the breakout of 0.99 gave us new sell signal.
The pair is now moving below its falling wedge (brown lines) and below the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 1.00 is resistance.
The breakout of 0.98 will give a new sell signal and open the way towards 0.97.
In case of return above 1.00, we will wait the breakout of 1.01 to advise long positons.
See the previous analysis of the AUD/USD parity of May 17th, 2012
AUD/USD Analysis
Title:
Technical analysis of the EUR/CHF pair on May 18th, 2012
Commentary of the EUR/CHF pair:
The pair EUR/CHF continues to move below the minor resistance at 1.2030 without volatility.
All indicators are bearish.
The pair seems to move below a bearish slant (purple line).
We continue to advise short positions as far as 1.2050 is resistance.
The breakout of 1.20 will give a new sell signal.
In case of return below 1.2050, we will wait the breakout of 1.2070 to advise long positions.
See the previous analysis of the EUR/CHF pair of May 17th, 2012
EUR/CHF Analysis
Title:
Technical analysis of the EUR/JPY pair on May 18th, 2012
Commentary of the EUR/JPY pair :
A bearish rally occured on the pair EUR/JPY who broke the supports are 102 and 101, giving both a new sell signal.
The pair is now moving below the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 102 is resistance.
The breakout of 100 will give a new sell signal and open the way towards 99.
In case of return above 102, we will wait the breakout of 103 to advise long positions.
See the previous analysis of the EUR/JPY pair of May 17th, 2012
EUR/JPY Analysis
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