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Advise Long PositonsTitle:
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
Title:
Technical analysis of the USD/CHF pair on May 21th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF has tested last friday the resistance at 0.95 and then a correction occured.
The pair is currently testing a pullback on the support at 0.94 and just broke its bullish slant (black line).
Indicators are globaly bearish.
We continue to advise long positons as far as 0.94 is support.
A return above 0.9450 will comfort our bullish feeling.
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 18th, 2012
USD/CHF 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/USD pair on May 18th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD has continued its bearish rally and the breakout of 1.27 gave us a new sell signal.
The pair is still moving along the lower band of its short term bearish channel (black lines).
The opening bearish gap is still not filled in.
All indicators are bearish.
We continue to advise short positons as far as 1.28 is resistance.
The breakout of 1.26 and 1.25 will both give a new sell signal.
In case of return above 1.28, we will wait the breakout of 1.29 to advise long positions.
See the previous analysis of the EUR/USD pair of May 17th, 2012
EUR/USD Analysis
Title:
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 AUD/USD parity on May 17th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has rebounded yesterday on the support at 0.99 and also on the lower band of its bearish channel (purple lines).
The pair got back into its falling wedge.
Indicators are globaly bearish.
We continue to advise short positions as far as 1.0050 is resistance.
The breakout of 0.99 will give a new sell signal and open the way towards 0.98.
In case of return above 1.0050, we will wait the breakout of 1.0125 to advise long positons.
See the previous analysis of the AUD/USD parity of May 16th, 2012
AUD/USD Analysis
Title:
Technical analysis of the EUR/USD pair on May 17th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD is testing since yesterday the support at 1.27.
This level match with the lower band of its bearish channel (black lines).
The opening bearish gap is still not filled in.
All indicators are bearish.
We continue to advise short positons as far as 1.2850 is resistance.
The breakout of 1.27/1.2650/1.26 will all give a new sell signal.
In case of return above 1.2850, we will wait the breakout of 1.29 to advise long positions.
See the previous analysis of the EUR/USD pair of May 16th, 2012
EUR/USD 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 AUD/USD parity on May 16th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has continued its bearish movement and is currently the support 0.99 and also the lower band of its bearish channel (purple lines).
All indicators are bearish.
The pair just broke the lower band of its falling wedge.
We continue to advise short positions as far as 1.0050 is resistance.
The breakout of 0.99 will give a new sell signal and open the way towards 0.98.
In case of return above 1.0050, we will wait the breakout of 1.01 to advise long positons.
See the previous analysis of the AUD/USD parity of May 15th, 2012
AUD/USD Analysis
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