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Bullish Rally OccuredTitle:
Technical analysis of the GBP/JPY pair on April 19th, 2012
Commentary of the GBP/JPY pair :
A bullish rally occured on the pair GBP/JPY who got out of the range 129/129.59 from the top, giving us a buy signal.
Then, the breakout of 130.15 gave us a new buy signal.
All indicators are bullish.
We continue to advise long positions as far as 129 is support.
The breakout of 131.21 will give a new buy signal and open the way towards 132.23.
In case of return below 129, we will wait the breakout of 128.50 to advise short positions.
See the previous analysis of the GBP/JPY pair of April 18th, 2012
GBP/JPY Analysis
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NZD/USD Daily technical analysis - March 2012
The pair NZD/USD has stopped its bullish rally on the resistance at 0.8436 (level 23.60%). Then, a correction occured. 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 - February 2012
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Technical analysis of the GBP/JPY pair on February 27th, 2012
Commentary of the GBP/JPY pair :
A bullish rallye occured on the pair GPB/JPY who broke the resistances at 127 and 128, giving both a new buy signal.
129.42 stopped the movement.
Tous les indicateurs sont haussiers.
All indicators are bullish.
The pair is still moving above its bullish slant (purple line).
We continue to advise long positions as far as 127 is support.
The breakout of 129.42 will give a new buy signal and open the way towards 130.
In case of return below 127, we will wait the breakout of 125.68 to advise short positions.
The breakout of 125.68 will give a sell signal.
See the previous analysis of the GBP/JPY pair of February 24th, 2012
GBP/JPY Analysis
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GBP/USD Daily technical analysis - February 2012
The pair GBP/USD has finaly made a false breakout of the support at 1.5345 and so the bullish trend was not put in danger. A strong bullish rally occured and the breakout of 1.56 gave us a buy signal. The pair is moving again above its long term bullish slant (black line).
The next resitance at 1.5912 has been already tested but led to a correction. The breakout of this level will give a new buy signal and open the way towards 1.6132.
The trend will remain bullish as far as the slant is support. In case of breakout , we will be neutral between 1.56 and 1.5345. If this last level is broken, this will indicate a return of the bearish trend.
Previous GBP/USD Daily Analysis - January 2012
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USD/JPY Daily technical analysis - February 2012
The pair USD/JPY has tested at the begining of the month its historical lows towards 76 and then a strong bullish rally occured. The breakout of 78.20 (level 23.60%) shows a will of reversal on the rise.
The breakout of 79.60 (level 38.20%) will give a new buy signal and open the way towards 80 and 80.73 (level 50%). The breakout of 80 will lead to a bullish trend reversal.
However, in case of return below 78.20, the bearish trend will took up for a new test of its historics lows.
Previous USD/JPY Daily Analysis - January 2012
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Technical analysis of the USD/JPY pair on February 15th, 2012
Commentary of the USD/JPY pair :
A strong bullish rallye occured on the pair USD/JPY who broke the resistance at 78.13.
The pair is currently testing the next resistance at 78.50.
All indicators are bullish.
We continue to advise long positions as far as 78 is support.
The breakout of 78.50 will give a new buy signal and open the way towards 79.
In case of return below 78, we will be neutral between this level and 77.71.
The breakout of 77.71 will give a sell signal.
See the previous analysis of the USD/JPY pair of February 14th, 2012
USD/JPY Analysis
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Technical analysis of the USD/JPY pair on January 25th, 2012
Commentary of the USD/JPY pair :
After a pullback on 76.96, a strong bullish rally occured on the pair USD/JPY.
The breakout of 77.33, 77.58 and 77.77 all gave us a new buy signal.
The pair has almost tested the next resistance at 78 in extension.
All indicators are bullish.
We continue to advise long positions as far as 77.58 is support.
The breakout of 78 and 78.23 will both give a new buy signal.
In case of return below 77.58, we will be neutral between this level and 77.33.
The breakout of 77.33 will give a sell signal.
See the previous analysis of the USD/JPY pair of January 24th, 2012
USD/JPY Analysis
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Technical analysis of the NZD/USD pair on December 21th, 2011
Commentary of the NZD/USD pair :
A bullish rally occured on the pair NZD/USD who exit its range 0.7574/0.7650 from the top, giving us a buy signal.
The pair is now going to test the resistance at 0.7763.
All indicators are bullish.
We maintain to trade only long positions as far as 0.7650 is support.
The breakout of 0.7763 will give a new buy signal and open the way towards 0.7830.
In case of return below 0.7650, we will be neutral between this level and 0.7574.
See the previous analysis of the NZD/USD pair of December 20th, 2011
NZD/USD Analysis
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Technical analysis of the USD/CHF pair on November 10th, 2011
Commentary of the USD/CHF pair :
A bullish rally occured on the pair USD/CHF and the breakout of 0.9050 gave us a new buy signal.
The pair is now close from the resistance at 0.9174.
All indicators are bullish.
We maintain to trade only long positions as far as 0.90 is support.
The breakout of 0.9174 will give a new buy signal and open the way towards 0.93.
However, if 0.90 is broken, we will be neutral between this level and 0.8917.
See the previous analysis of the USD/CHF pair of November 9th, 2011
USD/CHF Analysis
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