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Bullish Movement OccuredTitle:
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 NZD/USD pair on April 30th, 2012
Commentary of the NZD/USD pair :
A strong bullish movement occured on the pair NZD/USD and the breakout of 0.8206 gave us a buy signal.
Currently, the pair is testing the resistance at 0.8235.
All indicators are bullish.
We now advise to trade the pair according to the key level at 0.8180 :
- Long above this level. The breakout of 0.8235 and 0.8283 will both give a new buy signal
- Short below this level. The breakotu of 0.8134 and 0.81 will both give a new sell signal.
See the previous analysis of the NZD/USD pair of April 26th, 2012
NZD/USD 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 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 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 5th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY made yesterday a pullback on its former bullish slant (purple line) and then a bearish movement occured.
The pair got back below the supprot at 82.50 and seems now to move into a bearish channel (black lines).
Indicators are mitigated.
We continue to advise long positions as far as 82.21 is support.
A return above 82.50 will comfort our bullish feeling.
The breakout of 83.20 will give a new buy signal and open the way towards 84.
In case of return below 82.21, we will be neutral between this level and 81.83.
The breakout of 81.83 will give a sell signal.
See the previous analysis of the USD/JPY pair of April 4th, 2012
USD/JPY Analysis
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Technical analysis of the GBP/USD pair on April 4th, 2012
Commentary of the GBP/USD pair :
A strong bearish movement occured on the pair GBP/USD who just broke the support at 1.59, giving us a sell signal.
The pair has also validated an exit of its bullish channel (purple lines).
All indicators are bearish.
We now advise to trade only short positions as far as 1.5950 is resistance.
The breakout of 1.5850 will give a new sell signal and open the way towards 1.58.
In case of return above 1.5950, a buy signal will be given.
See the previous analysis of the GBP/USD pair of April 3rd, 2012
GBP/USD Analysis
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Technical analysis of the USD/CHF pair on April 4th, 2012
Commentary of the USD/CHF pair :
A strong bullish movement finaly occured on the pair USD/CHF who was moving since several days on the support at 0.9024.
All indicators are bullish.
The pair got back above the resistance at 0.9085.
We are neutral between this level and 0.9164.
We advise to wait an exit of this range to take position:
- Long above 0.9164. The breakout of 0.9216 will give a new buy signal
- Short below 0.9085. The breakout of 0.9024 will give a new sell signal.
See the previous analysis of the USD/CHF pair of April 3rd, 2012
USD/CHF Analysis
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Technical analysis of the USD/JPY pair on April 4th, 2012
Commentary of the USD/JPY pair :
A strong bullish movement occured on the pair USD/JPY who broke the resistance at 82.50, giving us a buy signal.
Indicators are mitigated.
The pair is currently moving on its former bullish slant (purple line).
We continue to advise long positions as far as 82.21 is support.
The breakout of 83.20 will give a new buy signal and open the way towards 84.
In case of return below 82.21, we will be neutral between this level and 81.83.
The breakout of 81.83 will give a sell signal.
See the previous analysis of the USD/JPY pair of April 3rd, 2012
USD/JPY Analysis
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