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Bearish Movement Will BeTitle:
Technical analysis of the USD/CHF pair on February 25th, 2011
Commentary of the USD/CHF pair :
The pair USD/CHF continued its bearish movement and is currently testing the next support at 0.9250. We maintain to trade only short positions as far as 0.9337 is resistance. The breakout of 0.9250 will give a new sell signal. The next support is at 0.92 for new historical lowest.
See the previous analysis of the USD/CHF pair of February 24th, 2011
Title:
Technical analysis of the USD/JPY pair on February 25th, 2011
Commentary of the USD/JPY pair :
The pair USD/JPY continued its bearish movement and the breakout of 82 gave us a new sell signal. Currently, the pair is testing a pullback on this level as resistance. Next supports are at 81.79 and 81.37. We maintain to trade only short positions as far as 82.20 is resistance. The breakout of 81.79 and 81.37 will bith give a new sell signal. However, if 82.20 is broken, we will be neutral.
See the previous analysis of the USD/JPY pair of February 24th, 2011
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Technical analysis of the EUR/CHF pair on February 24th, 2011
Commentary of the EUR/CHF pair:
The pair EUR/CHF continues its bearish rallye and just validated the breakout of 1.28, offering a new sell signal. All indicators are bearish. We maintain to trade only short positions as far as 1.2850 is resistance. The breakout of 1.27 will give a new sell signal for a pursuit of the movement towards 1.26.
See the previous analysis of the EUR/CHF pair of February 23th, 2011
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Technical analysis of the NZD/USD pair on February 24th, 2011
Commentary of the NZD/USD pair :
The pair NZD/USD continued its bearish movement and the breakout of 0.7472 gave us a new sell signal. The next support is at 0.718. We maintain to trade only short positions as far as 0.7505 is resistance. The breakout of 0.7418 will give a new sell signal.
See the previous analysis of the NZD/USD pair of February 23th, 2011
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Technical analysis of the USD/JPY pair on February 24th, 2011
Commentary of the USD/JPY pair :
The pair USD/JPY continued its bearish movement and the breakout of 82.73 has been validated, giving us a new sell signal. Then, the support at 82.44 has been also broken and currently, the pair is testing the support at 82. We maintain to trade only short positions as far as 82.31 (level 38.20%) is resistance. The breakout of 82 will give a new sell signal. The next suppport is at 81.79 (level 23.60%).
See the previous analysis of the USD/JPY pair of February 23th, 2011
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Technical analysis of the EUR/CHF pair on February 23th, 2011
Commentary of the EUR/CHF pair:
The pair EUR/CHF just found support on 1.28 and is currently testing a pullback on 1.29. All indicators stay bearish. We maintain to trade only short positions as far as 1.29 is resistance. The breakout of 1.28 will give a new sell signal for a pursuit of the movement towards 1.27.
See the previous analysis of the EUR/CHF pair of February 22th, 2011
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Technical analysis of the EUR/GBP pair on February 23th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP found support on 0.84 and also on its bearish slant to made a rebound above 0.8450. All indicators are now bullish. We stay neutral on the pair between 0.8450 and 0.85. We will wait an exit of this range to take position:
- Long if the price continues its bullish movement and broke 0.85
- Short if 0.8450 is broken
See the previous analysis of the EUR/GBP pair of February 22th, 2011
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Technical analysis of the NZD/USD pair on February 23th, 2011
Commentary of the NZD/USD pair :
The pair NZD/USD continues its bearish movement and the breakout of 0.7505 gave us a new sell signal. Currently, the pair is testing the next support at 0.7472. We maintain to trade only short positions as far as 0.7520 is resistance. The breakout of 0.7472 will give a new sell signal. The next support is at 0.7418.
See the previous analysis of the NZD/USD pair of February 22th, 2011
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Technical analysis of the USD/CHF pair on February 23th, 2011
Commentary of the USD/CHF pair :
The pair USD/CHF continued its bearish movement and the breakout of 0.94 gave us a new sell signal. The next support is at 0.9337 (level 0%). We maintain to trade only short positions as far as 0.9450 is resistance. The breakout of 0.9337 will give a new sell signal. The next support is at 0.93.
See the previous analysis of the USD/CHF pair of February 22th, 2011
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