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AdviseTitle:
Technical analysis of the EUR/GBP pair on September 21th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move on its key level at 0.87.
Indicators are mitigated.
We stay neutral on the pair between 0.8650 and 0.8750.
We advise to wait an exit of this range to take position:
- Long if 0.8750 is broken. The breakout of 0.88 will give a new buy signal
- Short if 0.8650 is broken. The breakout of 0.86 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of September 20th, 2011
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Technical analysis of the EUR/JPY pair on September 21th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY found resistance yesterday on 105 and is currently falling on 104.
The pair is still below its short term bearish slant.
All indicators are bearish.
We maintain to trade only short positions as far as 105.50 is resistance.
The breakout of 104 will give a new sell signal and open the way towards 103.
In case of return above 105.50, we will wait the breakout of 107 to advise long positions.
See the previous analysis of the EUR/JPY pair of September 20th, 2011
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Technical analysis of the EUR/USD pair on September 21th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD reached yesterday in extension the fibonacci retracement 23.60% at 1.3748 (ressitance).
The pair is now falling below 1.37.
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1.3750 is resistance.
The breakout of 1.36 will give a new sell signal and open the way towards 1.35.
In case of return above 1.3750, we will wait the breakout of 1.38 to advise long positions.
See the previous analysis of the EUR/USD pair of September 20th, 2011
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Technical analysis of the XAU/USD (Gold) pair on September 20th, 2011
Commentary of the XAU/USD (Gold) pair:
The pair XAU/USD is now moving into a falling wedge.
The pair just got back below 1800 points.
Indicators are mitigated.
We stay neutral as far as 1800 is resistance.
In case of return above this level, we will then advise to trade only long positions.
The breakout of 1840 points will give a new buy signal.
See the previous analysis of the XAU/USD pair of September 19th, 2011
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Technical analysis of the AUD/USD parity on September 20th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently moving on the support at 1.02.
All indicators are bearish.
We maintain to trade only short positions as far as 1.03 is resistance.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.03 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 19th, 2011
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Technical analysis of the EUR/CHF pair on September 20th, 2011
Commentary of the EUR/CHF pair:
The pair EUR/CHF is moving just above the price fixed by the SNB at 1.20.
Indicators are now neutral.
We maintain to trade only long positions as far as 1.20 is support.
The breakout of 1.22 will give a new buy signal and open the way towards 1.24.
In case of return below 1.20, we will wait the breakout of 1.18 to advise short positions.
See the previous analysis of the EUR/CHF pair of September 19th, 2011
Title:
Technical analysis of the EUR/GBP pair on September 20th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP is currently moving on its key level at 0.87.
Indicators are mitigated.
We stay neutral on the pair between 0.8650 and 0.8750.
We advise to wait an exit of this range to take position:
- Long if 0.8750 is broken. The breakout of 0.88 will give a new buy signal
- Short if 0.8650 is broken. The breakout of 0.86 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of September 19th, 2011
Title:
Technical analysis of the EUR/JPY pair on September 20th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY has validated yesterday the breakout of 105, offering a new sell signal.
The pair is currently testing the next support at 104 and is still moving below its short term bearish slant.
All indicators are bearish.
We maintain to trade only short positions as far as 105.50 is resistance.
The breakout of 104 will give a new sell signal and open the way towards 103.
In case of return above 105.50, we will wait the breakout of 107 to advise long positions.
See the previous analysis of the EUR/JPY pair of September 19th, 2011
Title:
Technical analysis of the EUR/USD pair on September 20th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD is moving between 1.36 (support) and 1.37 (resistance).
The pair is currently trying to rebound on 1.36.
All indicators are bearish.
We maintain to trade only short positions as far as 1.3750 is resistance.
The breakout of 1.36 will give a new sell signal and open the way towards 1.35.
In case of return above 1.3750, we will wait the breakout of 1.38 to advise long positions.
See the previous analysis of the EUR/USD pair of September 19th, 2011
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