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Bullish Slant PurpleTitle:
Technical analysis of the NZD/USD pair on May 23th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD made yesterday a pullback on the resistance at 0.7665 and then took up its bearish movement.
The breakout of 0.7550 gave us a new sell signal.
All indicators are bullish.
The pair continues to move below its bearish slant (purple line).
We continue to advise short positions as far as 0.7665 is resistance.
The breakout of 0.75 will give a new sell signal and open the way towards 0.7450.
In case of return above 0.7665, we will be neutral between this level and 0.77.
The breakout of 0.77 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 22th, 2012
NZD/USD Analysis
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Technical analysis of the USD/JPY pair on May 23th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has tested yesterday the resistance at 80.09 and then felt below 79.65.
Indicators stay globaly bullish.
The pair is currently moving above the upper band of its bearish channel (black lines) and above its bearish slant (purple line who act as support).
We continue to advise short positions as far as 80.09 is resistance.
A return below 79.26 will comfort our bearish feeling.
The breakout of 79 will give a new sell signal and open the way towards 78.50 and 78.
In case of return above 80.09, a buy signal will be given.
See the previous analysis of the USD/JPY pair of May 22th, 2012
USD/JPY Analysis
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Technical analysis of the NZD/USD pair on May 22th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has rebounded yesterday on the support at 0.7550 and is currrently testing a pullback on the resistance at 0.7665.
The pair seems to have broken its bearish slant (purple line) and got back into its bearish channel (dotted lines).
Indicators are globaly bullish.
We continue to advise short positions as far as 0.77 is resistance.
The breakout of 0.7550 will give a new sell signal and open the way towards 0.75 and 0.7450
In case of return above 0.77, we will be neutral between this level and 0.78.
The breakout of 0.78 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 21th, 2012
NZD/USD Analysis
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Technical analysis of the NZD/USD pair on May 21th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has opened on a small bullish gap but continues to move just above the support at 0.7550.
The pair is still moving below the lower band of its bearish channel (dotted purple lines).
The bearish movement seems to be lead by a bearish slant (purple line).
All indicators are bearish.
We continue to advise short positions as far as 0.77 is resistance.
The breakout of 0.7550 will give a new sell signal and open the way towards 0.75 and 0.7450
In case of return above 0.77, we will be neutral between this level and 0.78.
The breakout of 0.78 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 18th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CHF pair on May 4th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF continues to move just below the resistance at 0.9150 and above its former bearish slant (purple line).
All indicators are bullish.
We are neutral between 0.9108 and 0.9150.
We advise to wait an exit of this range to take position:
- Long above 0.9150. The breakout of 0.9209 will give a new buy signal
- Short below 0.9108. The breakout of 0.9050 will give a new sell signal.
See the previous analysis of the USD/CHF pair of May 3rd, 2012
USD/CHF Analysis
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Technical analysis of the USD/CHF pair on April 19th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF has tested yesterday the resistance at 0.92 and then made a return on 0.9150.
Indicators are mitigated.
The pair is currently testing its bearish slant (purple line) as resistance.
We continue to advise long positions as far as 0.9150 is support.
A return above 0.92 will comfort our bullish feeling.
The breakout of 0.9250 will give a new buy signal and open the way towards 0.9320.
In case of return below 0.9150, a sell signal will be given.
See the previous analysis of the USD/CHF pair of April 18th, 2012
USD/CHF Analysis
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EUR/CHF Daily technical analysis - April 2012
The pair EUR/CHF is still moving below its bearish slant (purple line).
The bearish slant is not unique and could be change a little if you want to take into account some highs/lows.
The pair lost all its volatility and is moving around the major support at 1.20.
Key point : 1.15
Resistance 1 : 1.20
Resistance 2 : 1.25
Support 1 : 1.10
Support 2 : 1.05
On the long term:
The pair is still moving below its bearish slant (purple line).
As far as this slant is resistance, the trend will remain bearish.
In case of breakout of this slant, we will then advise to wait the breakout of 1.25 to validate a long term bullish reversal.
On the short term:
The trend is bullish as far as 1.20 is support.
The breakout of 1.2250 and 1.25 will both give a new buy signal.
If 1.20 is broken, the trend will ...
Title:
Technical analysis of the USD/CHF pair on April 18th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF continues to test the support at 0.9150.
Indicators are globaly bearish.
The pair is currently testing its bearish slant (purple line) as resistance.
We continue to advise long positions as far as 0.9150 is support.
A return above 0.92 will comfort our bullish feeling.
The breakout of 0.9250 will give a new buy signal and open the way towards 0.9320.
In case of return below 0.9150, a sell signal will be given.
See the previous analysis of the USD/CHF pair of April 17th, 2012
USD/CHF Analysis
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Technical analysis of the USD/CHF pair on April 17th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF made a pullback yesterday on the support at 0.9150.
Indicators are globaly bullish.
The pair is currently testing its bearish slant (purple line) as resistance.
We continue to advise long positions as far as 0.9150 is support.
A return above 0.92 will comfort our bullish feeling.
The breakout of 0.9250 will give a new buy signal and open the way towards 0.9320.
In case of return below 0.9150, we will be neutral between this level and 0.91.
The breakout of 0.91 will give a sell signal.
See the previous analysis of the USD/CHF pair of April 16th, 2012
USD/CHF Analysis
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