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Bearish Slant Purple

Title: Technical analysis of the EUR/JPY pair on February 7th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has faked yesterday the breakout of 100 and is now going to test the resistance at 101. On the short term, the pair got out of its bearish channel (black lines). The pair is still moving above its long term bullish slant (purple line). Indicators are mitigated. We stay neutral on the pair between 100 and 101. We advise to wait an exit of this range to take position: - Long if 101 is broken. The breakout of 102 will give a new buy signal - ...

Title: Technical analysis of the USD/CAD pair on February 7th, 2012
Commentary of the USD/CAD pair : The pair USD/CAD is currently testing the support at 0.9950 and is also testing the upper band of its bearish channel (purple lines). All indicators are bearish. The pair is still moving below its medium term bearish slant (black line). We continue to advise short positions as far as 1.0039 is resistance. The breakout of 0.9950 and 0.99 will both give a new sell signal. In case of return above 1.0039, we will be neutral between this level and 1.0079. The ...

Title: Technical analysis of the EUR/JPY pair on February 6th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated on friday a return above 100 points. The pair is now going to test again this level as support after a pullback below 101. On the short term, the pair got out of its bearish channel (black lines). The pair is still moving above its long term bullish slant (purple line). Indicators are globaly bearish. We stay neutral on the pair between 100 and 101. We advise to wait an exit of this range to take position: - Long if 101 is broken. ...

Title: Technical analysis of the USD/CAD pair on February 6th, 2012
Commentary of the USD/CAD pair : After a pullback on the resistance at 1.0 on last friday, the pair USD/CAD continues its bearish movement into its bearish channel (purple lines). All indicators are bearish. The pair is still moving below its medium term bearish slant (black line). We continue to advise short positions as far as 1.0039 is resistance. The breakout of 0.9950 and 0.99 will both give a new sell signal. In case of return above 1.0039, we will be neutral between this level and 1.0079. ...

Title: Technical analysis of the USD/CAD pair on February 3rd, 2012
Commentary of the USD/CAD pair : The pair USD/CAD is currently testing the upper band of its bearish channel (purple lines) and also the resistance at 1.0. All indicators are bearish. The pair is still moving below its medium term bearish slant (black line). We continue to advise short positions as far as 1.0050 is resistance. The breakout of 0.9950 and 0.99 will both give a new sell signal. In case of return above 1.0050, we will be neutral between this level and 1.0079. The breakout of 1.0079 ...

Title: Technical analysis of the EUR/JPY pair on February 2nd, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated a return above 100. On the short term, the pair just exit its bearish channel (black lines). The pair is still moving above its long term bearish slant (purple line). All indicators are globaly bearish. We continue to advise short positions as far as 100.50 is resistance. The breakout of 99 will give a new sell signal and open the way towards 98. In case of return above 100.50, we will wait the breakout of 101 to advise long ...

Title: Technical analysis of the EUR/JPY pair on February 1st, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated yesterday the breakout of 100, offering a sell signal. On the short term, the pair seems to move into a bearish channel (black lines). The pair is still moving above its long term bearish slant (purple line). All indicators are bearish. We continue to advise short positions as far as 100.550 is resistance. The breakout of 99 will give a new sell signal and open the way towards 98. In case of return above 100.50, we will wait the ...

Title: Technical analysis of the USD/CAD pair on February 1st, 2012
Commentary of the USD/CAD pair : The pair USD/CAD has again rebounded yesterday on the support at 1.0 and is currently testing the upper band of its short term bearish channel (purple lines) towards 1.0050. Indicators are mitigated. The pair is still moving below its medium term bearish slant (black line). We continue to advise short positions as far as 1.0079 is resistance. The breakout of 1.0 and 0.9950 will both give a new sell signal. In case of return above 1.0079, we will be neutral ...

Title: Technical analysis of the EUR/JPY pair on January 31th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated yesterday a return below 101 and just found support on 100. The pair is still moving above its long term bearish slant (purple line). Indicators are now bearish. We stay neutral on the pair between 100 and 101. We advise to wait an exit of this range to take position: - Long if 101 is broken. The breakout of 102 will give a new buy signal - Short if 100 is broken. The breakout of 99 will give a new sell signal. See the ...



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