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AnalysisTitle:
Technical analysis of the EUR/USD pair on May 14th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD made last friday a pullback on the lower band of its medium term bearish channel (purple lines).
The pair has opened the week on a bearish gap and has validated the breakout of the support at 1.29.
The bearish gap is still not filled in.
All indicators are bearish.
We continue to advise short positons as far as 1.30 is resistance.
The breakout of 1.2850 and 1.28 will both give a new sell signal.
In case of return above 1.30, we will wait the breakout of 1.3063 to advise long positions.
See the previous analysis of the EUR/USD pair of May 11th, 2012
EUR/USD Analysis
Title:
Technical analysis of the GBP/JPY pair on May 14th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY continues to move below the resistance at 128.86 and is using the upper band of its former falling wedge as support.
Indicators are mitigated.
We continue to advise short positions as far as 129.50 is resistance.
The breakout of 127.70 will give a new sell signal and open the way towards 126.70.
In case of return above 129.50, we will be neutral between this level and 130.15.
The breakout of 130.15 will give a new buy signal.
See the previous analysis of the GBP/JPY pair of May 11th, 2012
GBP/JPY 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 NZD/USD pair on May 14th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and opened on a bearish gap below the support at 0.7838 (new sell signal).
The gap is still not filled in.
All indiactors are bullish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.7950 is resistance.
The breakout of 0.78 will give a new sell signal and open the way towards 0.7754.
In case of return above 0.7950, we will be neutral between this level and 0.80.
See the previous analysis of the NZD/USD pair of May 11th, 2012
NZD/USD Analysis
Title:
Technical analysis of the USD/CAD pair on May 14th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD made a double top on the resistance at 1.0050 and is currently testing the support at 0.9887.
Indicators stay globaly bullish.
We continue to advise long positions as far as 0.9965 is support.
The breakout of 1.0050 will give a new buy signal and will open the way towards 1.01.
In case of return below 0.9965, we will be neutral between this level and 0.9931.
The breakout of 0.9931 will give a sell signal.
See the previous analysis of the USD/CAD pair of May 11th, 2012
USD/CAD Analysis
Title:
Technical analysis of the USD/CHF pair on May 14th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF has continued its bullish movement by opening the week on a bullish gap, leading to the breakout of the resistance at 0.93 (new buy signal).
The opening gap is still not filled in.
All indicators are bullish.
We continue to advise long positons as far as 0.9250 is support.
The breakout of 0.9350 will give a new buy signal and open the way towards 0.94.
In case of return below 0.9250, we will be neutral between this level and 0.92.
See the previous analysis of the USD/CHF pair of May 11th, 2012
USD/CHF Analysis
Title:
Technical analysis of the USD/JPY pair on May 14th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has opened on a small bullish gap who has been filled in and got out of its bearish channel (black lines).
The pair just made a pullback on the resistance at 80.
All indicators are bullish.
We continue to advise short positions as far as 80.41 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.41, a buy signal will be given.
See the previous analysis of the USD/JPY pair of May 11th, 2012
USD/JPY Analysis
Title:
USD/CHF Technical Analysis - 13th May 2012
The 0.931x zone has provided a strong Support/resistance in past. Now again price came there. In my opinion there is a good chance that price will make a correction from there. I am expecting that UC will come towards 0.920x zone before it breaks the resistance.
http://i.imgur.com/ZDCEV.png
Title:
EUR/USD Technical Analysis
Price action tells us EUR/USD is getting weakened day by day. At first we can see EU making lower highs and later the support broken at 1.302x zone and falling. On the other side we can see RSI moving towards oversold zone. What we can expect in coming days is, EU moving towards 1.263x zone if 1.278x does not create any barrier.
http://i.imgur.com/9X8JX.png
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