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Bearish Slant Purple

Title: Technical analysis of the USD/CAD pair on January 16th, 2012
Commentary of the USD/CAD pair : The pair USD/CAD has tested last friday the resistance at 1.0250 and also its medium term bearish slant (black line) in extension. Currently, the pair seems to move towards a test of tis short term bullish slant (purple line). All indicators are bullish. We continue to advise short positions as far as 1.0250 is resistance. The breakout of the bullish slant and 1.0142 will both give a new sell signal. In case of return above 1.0250, we will be neutral between this level and 1.03. The breakout of 1.03 will give a buy signal. See the previous analysis of the USD/CAD pair of January 13th, 2012 USD/CAD Analysis

Title: Technical analysis of the EUR/GBP pair on January 6th, 2012
Commentary of the EUR/GBP pair: The pair EUR/GBP is currently testing the support at 0.8250. The pair is still moving below its bearish slant (purple line). Indicators are getting globaly bearish. We maintain to trade only short positions as far as 0.8325 is resistance. The breakout of 0.8250 will give a new sell signal and open the way towards 0.82. In case of return above 0.8325, we will wait the breakout of 0.8350 to advise long positions. See the previous analysis of the EUR/GBP pair of January 5th, 2012 EUR/GBP Analysis

Title: Technical analysis of the EUR/JPY pair on January 6th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated yesterday the breakout of 99, offering a new sell signal. The pair is still moving below its bearish slant (purple line) and is trying to find support 98.50. All indicators are bearish. We maintain to trade only short positions as far as 99.50 is resistance. The breakout of 98.50 will give a new sell signal and open the way towards 98. In case of return above 99.50, we will be neutral between this level and 100. See the previous analysis of the EUR/JPY pair of January 5th, 2012 EUR/JPY Analysis

Title: Technical analysis of the EUR/GBP pair on January 5th, 2012
Commentary of the EUR/GBP pair: The pair EUR/GBP just validated the breakout of the support at 0.83, offering a new sell signal. The pair is still moving below its bearish slant (purple line). Indicators are getting globaly bearish. We maintain to trade only short positions as far as 0.8375 is resistance. The breakout of 0.8250 will give a new sell signal and open the way towards 0.82. In case of return above 0.8375, we will wait the breakout of 0.84 to advise long positions. See the previous analysis of the EUR/GBP pair of January 4th, 2012 EUR/GBP Analysis

Title: Technical analysis of the EUR/JPY pair on January 5th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY felt yesterday after a false return above 100. The pair is currently testing the support at 99 and is now back below its bearish slant (purple line). All indicators are bearish. We maintain to trade only 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 be neutral between this level and 101. See the previous analysis of the EUR/JPY pair of January 4th, 2012 EUR/JPY Analysis

Title: Technical analysis of the EUR/GBP pair on January 4th, 2012
Commentary of the EUR/GBP pair: The pair EUR/GBP just confirmed a return below 0.8350. The pair is still moving below its bearish slant (purple line). Indicators are getting globaly bearish. We maintain to trade only short positions as far as 0.84 is resistance. The breakout of 0.83 will give a new sell signal and open the way towards 0.8250. In case of return above 0.84, we will wait the breakout of 0.8450 to advise long positions. See the previous analysis of the EUR/GBP pair of January 3th, 2012 EUR/GBP Analysis

Title: Technical analysis of the EUR/JPY pair on January 4th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated yesterday a return above its bearish slant (purple line). The pair is currently trying a return below 100. All indicators are still bearish. We maintain to trade only short positions as far as 100.50 is resistance. The breakout of 0.99 will give a new sell signal and open the way towards 98. In case of return above 100.50, we will be neutral between this level and 101. See the previous analysis of the EUR/JPY pair of January 3rd, 2012 EUR/JPY Analysis

Title: Technical analysis of the EUR/GBP pair on January 3rd, 2012
Commentary of the EUR/GBP pair: The pair EUR/GBP is currently moving on the supporta t 0.8350. The pair is still moving below its bearish slant (purple line). Indicators are getting globaly bearish. We maintain to trade only short positions as far as 0.84 is resistance. The breakout of 0.83 will give a new sell signal and open the way towards 0.8250. In case of return above 0.84, we will wait the breakout of 0.8450 to advise long positions. See the previous analysis of the EUR/GBP pair of January 2nd, 2012 EUR/GBP Analysis

Title: Technical analysis of the EUR/JPY pair on January 3rd, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY just validated the breakout of its bearish slant (purple line) and also the support at 100. All indicators are bearish. We maintain to trade only short positions as far as 100.50 is resistance. The breakout of 0.99 will give a new sell signal and open the way towards 98. In case of return above 100.50, we will be neutral between this level and 101. See the previous analysis of the EUR/JPY pair of January 2nd, 2012 EUR/JPY Analysis



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