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Correction Occured YesterdayTitle:
Technical analysis of the GBP/USD pair on May 1st, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has tested yesterday the resistance at 1.63 and then a correction occured.
The pair is moving towards a pullback on 1.62.
All indicators stay bullish.
The pair is still moving above its long term bullish slant (black line).
We continue to advise long positions as far as 1.6150 is support.
The breakout of 1.63 will give a new buy signal and open the way towards 1.6350.
In case of return below 1.6150, we will wait the breakout of 1.61 to advise short positions.
See the previous analysis of the GBP/USD pair of April 30th, 2012
GBP/USD Analysis
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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
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Technical analysis of the GBP/JPY pair on April 3rd, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY has shaped yesterday a triple top on the resistance at 133 and then a correction occured, pushing back the price below the support at 131.50.
Indicators are mitigated.
We are neutral on the pair between 130.15 and 131.50.
We advise to wait an exit of this range to take position:
- Long above 131.50. The breakout of 133 will give a new buy signal
- Short below 130.15. The breakout of 129 will give a new sell signal.
See the previous analysis of the GBP/JPY pair of April 2nd, 2012
GBP/JPY Analysis
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Technical analysis of the USD/CAD pair on March 30th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD has tested yesterday the resistance at 1.0022 and then a correction occured towards 0.9950.
Currently, the pair is moving around the support at 0.9972.
Indicators are mitigated.
We continue to advise long positions as far as 0.9950 is support.
The breakout of 1.0020 will give a new buy signal and open the way towards 1.0079.
In case of return below 0.9950, we will be neutral between this level and 0.9934.
The breakout of 0.9934 will give a sell signal.
See the previous analysis of the USD/CAD pair of March 29th, 2012
USD/CAD Analysis
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Technical analysis of the USD/JPY pair on March 28th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has tested yesterday the resistance at 83.20 and a small correction occured.
The pair is still moving above its bullish slant (purple line) and another more older (black line).
Indicators are mitigated.
We continue to advise long positions as far as 82.50 is support.
A return above 83.20 will comfort our bullish feeling.
The breakout of 84 will give a new buy signal and open the way towards 84.50 and 85.
In case of return below 82.50, 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 March 27th, 2012
USD/JPY Analysis
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Technical analysis of the GBP/JPY pair on March 7th, 2012
Commentary of the GBP/JPY pair :
A correction occured yesterday on the pair GBP/JPY who is currently testing the support at 126.70.
All indicators are bearish.
The pair is still moving above its bullish slant (purple line).
We are neutral on the pair between 126.70 and 127.56.
We advise to wait an exit of this range to take position:
- Long above 127.56. The breakout of 129.42 will give a new buy signal
- Short below 126.70. The breakout of 125.64 will give a new sell signal.
See the previous analysis of the GBP/JPY pair of March 6th, 2012
GBP/JPY Analysis
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Technical analysis of the NZD/USD pair on March 2nd, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has tested yesterday the resistance at 0.84 but a correction occured.
Indicators are mitigated.
We continue to advise long positions as far as 0.8336 is support.
A return above 0.84 will comfort our bullish feeling.
The breakout of 0.8450 will give a new buy signal and open the way towards 0.85.
In case of return below 0.8336, we will be again neutral between this level and 0.83.
See the previous analysis of the NZD/USD pair of March 1st, 2012
NZD/USD Analysis
Title:
Technical analysis of the GBP/USD pair on March 1st, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has tested yesterday in extension the resistance at 1.60 and then a correction occured.
The pair is currently testing the support at 1.59.
All indicators stay bullish.
We continue to advise long positions as far as 1.58 is support.
The breakout of 1.5950 will give a new buy signal and open the way towards 1.60 and 1.61.
In case of return below 1.58, we will be again neutral between this level and 1.5750.
The breakout of 1.5750 will give a sell signal.
See the previous analysis of the GBP/USD pair of February 29th, 2012
GBP/USD Analysis
Title:
Technical analysis of the NZD/USD pair on March 1st, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has tested yesterday the resistance at 0.8450 and then a strong correction occured.
The pair is currently testing its last low towards 0.8336.
Indicators are globaly bearish.
We continue to advise long positions as far as 0.8336 is support.
A return above 0.84 will comfort our bullish feeling.
The breakout of 0.8450 will give a new buy signal and open the way towards 0.85.
In case of return below 0.8336, we will be again neutral between this level and 0.83.
See the previous analysis of the NZD/USD pair of February 29th, 2012
NZD/USD Analysis
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