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Bearish Movement OccuredTitle:
Technical analysis of the USD/JPY pair on May 18th, 2012
Commentary of the USD/JPY pair :
A strong bearish movement occured yesterday on the pair USD/JPY who got out of the range 80.09/80.41 from the bottom, giving us a sell signal.
All indicators are bearish.
Currently, the pair is testing the support at 79.26.
The pair is moving just above the upper band of its bearish channel (black lines) and seems to take support on a bearish slant (purple line).
We continue to advise short positions as far as 80.09 is resistance.
The breakout of 76.26 will give a new sell signal and open the way towards 78.50.
In case of return above 80.09, we will be neutral between this level and 80.41.
See the previous analysis of the USD/JPY pair of May 17th, 2012
USD/JPY Analysis
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Technical analysis of the USD/JPY pair on May 16th, 2012
Commentary of the USD/JPY pair :
After the pullback on the upper band of its former bearish channel (black lines), a bullish movement occured on the pair USD/JPY who is currently testing the resistance at 80.41.
All indicators are bullish.
We are neutral on the pair between 80.09 and 80.41.
We advise to wait an exit of this range to take position:
- Long above 80.41. The breakout of 80.76 will give a new buy signal
- Short below 80.09. The breakout of 79.64 will give a new sell signal.
See the previous analysis of the USD/JPY pair of May 15th, 2012
USD/JPY Analysis
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Technical analysis of the GBP/USD pair on April 16th, 2012
Commentary of the GBP/USD pair :
A strong bearish movement occured on the pair GBP/USD who broke the support at 1.5850 and also its long term bullish slant (black line).
All indicators are bearish.
We are neutral on the pair between 1.58 and 1.5850.
We advise to wait an exit of this range to take position:
- Long above 1.5850. The breakout of 1.59 will give a new buy signal
- Short below 1.58. The breakout of 1.5728 will give a new sell signal.
See the previous analysis of the GBP/USD pair of April 13th, 2012
GBP/USD Analysis
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Technical analysis of the NZD/USD pair on April 16th, 2012
Commentary of the NZD/USD pair :
After a test of the resistance at 0.8313 last friday, a strong bearish movement occured on the pair NZD/USD who is going to test the support at 0.8180 and also the upper band of its former bearish channel (purple lines) as support.
All indicators are bearish.
We are neutral on the pair between 0.8180 and 0.8220.
We advise to wait an exit of this range to take position:
- Long above 0.8220. The breakout of 0.8250 will give a new buy signal.
- Short below 0.8180. The breakout of 0.8136 will give a new sell signal.
See the previous analysis of the NZD/USD pair of April 13th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on April 13th, 2012
Commentary of the NZD/USD pair :
A strong bullish movement occured on the pair NZD/USD who broke the resistance at 0.8250, giving us a buy signal.
The pair has also validated an exit of its bearish channel (purple lines).
All indicators are bullish.
We continue to advise long positions as far as 0.8220 is support.
The breakout of 0.8313 will give a new buy signal and open the way towards 0.8350.
In case of return below 0.8220, we will be neutral between this level and 0.8180.
The breakout of 0.8180 will give a sell signal.
See the previous analysis of the NZD/USD pair of April 12th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CAD pair on April 13th, 2012
Commentary of the USD/CAD pair :
A strong bearish movement occured on the pair USD/CAD who broke the support at 0.9960, giving us a sell signal.
All indicators are bearish.
We now advise to trade only short positions as far as 1.0 is resistance.
The pair got back into its former short term bearish channel (purple lines).
The breakout of 0.9920 will give a new sell signal and open the way towards 0.9888.
In case of return above 1.0, a buy signal will be given.
See the previous analysis of the USD/CAD pair of April 12th, 2012
USD/CAD Analysis
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Technical analysis of the NZD/USD pair on April 11th, 2012
Commentary of the NZD/USD pair :
A bearish movement occured on the pair NZD/USD who got out of the range 0.82/0.8250 from the bottom, giving us a sell signal.
Then, the pair has rebounded on the support at 0.87135 and is currently making a pullback on the resistance at 0.8180.
The pair is still moving into its bearish channel (purple lines).
Indicators are globaly bearish.
We continue to advise short positions as far as 0.82 is resistance.
The breakout of 0.8135 will give a new sell signal and open the way towards 0.8080.
In case of return above 0.82, we will be neutral between this level and 0.8250.
See the previous analysis of the NZD/USD pair of April 10th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CAD pair on April 11th, 2012
Commentary of the USD/CAD pair :
A strong bullish movement occured yesterday on the pair USD/CAD who got out of its short term bearish channel (purple lines) and also broke the resistance at 1.0020, giving us a new buy signal.
All indicators are bullish.
We continue to advise long positions as far as 0.9990 is support.
The breakout of 1.0050 will give a new buy signal and open the way towards 1.01.
In case of return below 0.9990, we will be neutral between this level and 0.9960.
The breakout of 0.9960 will give a sell signal.
See the previous analysis of the USD/CAD pair of April 10th, 2012
USD/CAD Analysis
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Technical analysis of the USD/JPY pair on April 9th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY made a pullback on the resistance at 82.50 last friday and then a strong bearish movement occured.
The breakout of 81.83 gave us a sell signal.
The pair is still moving into its bearish channel (purple line).
All indicators are bearish.
We continue to advise short positions as far as 82.21 is resistance.
The breakout of 81 will give a new sell signal and open the way towards 80.50.
In case of return above 82.21, we will be neutral between this level and 82.50.
The breakout of 82.50 will give a new buy signal.
See the previous analysis of the USD/JPY pair of April 6th, 2012
USD/JPY Analysis
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