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Technical analysis of the USD/JPY pair on April 19th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY continues to test the resistance at 81.50 and is going to test also the upper band of its bearish channel (black lines).
All indicators are bullish.
We continue to advise short positions as far as 81.50 is resistance.
A return below 81.04 will comfort our bearish feeling.
The breakout of 80.50 will give a new sell signal and open the way towards 80.
In case of return above 81.50, we will be neutral between this level and 81.81.
The breakout of 81.81 will give a new buy signal.
See the previous analysis of the USD/JPY pair of April 18th, 2012
USD/JPY Analysis
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GBP/USD Daily technical analysis - April 2012
The pair GBP/USD has testing durant all the month of March and April the resistance at 1.60. The breakout of this level will give a new buy signal and open the way towards 1.6260, 1.64 and 1.6542. The pair is still moving above its long term bullish slant (black line).
The trend will remain bullish as far as 1.5650 is support. In case of breakout, the trend will be neutral between this level and 1.5345. Only the breakout of this last level will indicate bearish trend reversal.
Previous GBP/USD Daily Analysis - March 2012
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NZD/USD Daily technical analysis - April 2012
The pair NZD/USD is moving since one month around the fibonacci retracement 38.20% at 0.8184. However, the trend will remain strongly bullish as far as 0.7980 (level 50%) is support.
A return above 0.8286 will comfort our bullish feeling and the breakout of 0.8436 will give a new buy signal and open the way towards 0.86, 0.88.
In case of breakout of 0.7980, we will be neutral between this level and 0.7776 (level 61.80%). This level matchs with the lower band of the bearish channel (black lines). The breakout of this level will indicate a bearish trend reversal and we will then expect a return on 0.76 and 0.74.
Previous NZD/USD Daily Analysis - March 2012
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USD/JPY Daily technical analysis - April 2012
The pair USD/JPY has continued its bullish rally during March and has tested the resistance at 84. This level led to a strong correction towards the fibonacci retracement 50% at 80.73. Currently, the pair seems to take up its bullish movement.
The last high allow us to draw a long term bearish slant (black line). However, the trend remain bullish as far as 80 is support. A return above 81.84 (level 61.80) will comfort the bullish trend and the breakout of 84 will give a new buy signal.
In case of return below 80, that will indicate a take up of the bearish trend and a return on 78.20 (level 23.60%) will be anticipated.
Previous USD/JPY Daily Analysis - March 2012
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Technical analysis of the GBP/JPY pair on April 18th, 2012
Commentary of the GBP/JPY pair :
A strong correction occured yesterday on the pair GBP/JPY who got back above the resistance at 129.
The pair has broken its bearish slant (black line).
All indicators are bullish.
We are neutral on the pair between 129 and 129.59.
We advise to wait an exit of this range to take position:
- Long above 129.59. The breakout of 130.15 will give a new buy signal
- Short below 129. The breakout of 128 will give a new sell signal.
See the previous analysis of the GBP/JPY pair of April 17th, 2012
GBP/JPY Analysis
Title:
Technical analysis of the GBP/USD pair on April 18th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has continued its bullish movement and the breakout of 1.59 gave us a new buy signal.
All indicators are bullish.
The pair is still moving above its long term bullish slant (black line).
We continue to advise long positions as far as 1.5850 is support.
The breakout of 1.5950 will give a new buy signal and open the way towards 1.60.
In case of return below 1.5850, we will wait the breakout of 1.58 to advise short positions.
See the previous analysis of the GBP/USD pair of April 17th, 2012
GBP/USD Analysis
Title:
Technical analysis of the USD/JPY pair on April 18th, 2012
Commentary of the USD/JPY pair :
A rebound occured on the pair USD/JPY who is going to test a pullback on the resistance at 81.50.
All indicators are bullish.
The pair is still moving into its bearish channel (black lines).
We continue to advise short positions as far as 81.50 is resistance.
A return below 81.04 will comfort our bearish feeling.
The breakout of 80.50 will give a new sell signal and open the way towards 80.
In case of return above 81.50, we will be neutral between this level and 81.81.
The breakout of 81.81 will give a new buy signal.
See the previous analysis of the USD/JPY pair of April 17th, 2012
USD/JPY Analysis
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Technical analysis of the GBP/JPY pair on April 17th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY continues to move just below the resistance at 128.
The pair is moving below a bearish slant (black line).
All indicators are bearish.
We continue to advise short positions as far as 129 is resistance.
The breakout of 126.73 will give a new sell signal and open the way towards 127.
In case of return above 129, we will be neutral between this level and 129.50.
The breakout of 129.50 will give a buy signal.
See the previous analysis of the GBP/JPY pair of April 16th, 2012
GBP/JPY Analysis
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Technical analysis of the GBP/USD pair on April 17th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD got back yesterday above 1.5850, giving us a buy signal.
The pair made a pullback on the resistance at 1.59 and got back above its long term bullish slant (black line).
Indicators are globaly bearish.
We continue to advise long positions as far as 1.58 is support.
The breakout of 1.59 will give a new buy signal and open the way towards 1.60.
In case of return below 1.58, a sell signal will be given.
See the previous analysis of the GBP/USD pair of April 16th, 2012
GBP/USD Analysis
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