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Fake A BreakTitle:
Technical analysis of the EUR/USD pair on December 5th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has faked last friday an exit of its bearish channel (purple lines).
The pair continues to move into it and just found support on 1.34.
Indicators are mitigated.
We stay neutral on the pair between 1.34 and 1.35.
We advise to wait an exit of this range to take position:
- Long if 1.35 is broken (and so an exit of its bearish channel will be validated too). The breakout of 1.36 will give a new buy signal
- Short if 1.34 is broken. The breakout of 1.33 will give a new sell signal.
See the previous analysis of the EUR/USD pair of December 2nd, 2011
EUR/USD Analysis
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Technical analysis of the AUD/USD parity on November 30th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just faked the breakout of the resistance at 1.0.
All indicators are bullish.
We maintain to trade only long positions as far as 0.99 is support.
The breakout of 1.0 will give a new buy signal and open the way towards 1.01.
In case of return below 0.99, we will wait the breakout of 0.98 to advise short positions.
See the previous analysis of the AUD/USD parity of November 29th, 2011
AUD/USD Analysis
Title:
Technical analysis of the EUR/GBP pair on November 30th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has faked yesterday a return above 0.86.
Then, the pair felt and just validated the breakout of 0.8550, offering a sell signal.
The pair is still moving above its bullish slant.
Indicators are now bearish.
We maintain to trade only short positions as far as 0.86 is resistance.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.86, we will wait the breakout of 0.8650 to advise long positions.
See the previous analysis of the EUR/GBP pair of November 29th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/USD pair on November 30th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has faked yesterday the breakout of the resistance at 1.34 and is currently trying to make a return below 1.33.
The pair is still moving into a baerish channel (purple line).
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1.34 is resistance.
The breakout of 1.32 will give a new sell signal and open the way towards 1.31.
In case of return above 1.34, we will wait the breakout of 1.35 to advise long positions.
See the previous analysis of the EUR/USD pair of November 29th, 2011
EUR/USD Analysis
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Technical analysis of the EUR/JPY pair on November 28th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY has faked on friday the breakout of 103.
The pair just validate the breakout of its bearish slant (purple line) and continues its rebound towards 104.
Indicators are now mitigated.
We maintain to trade only short positions as far as 104 is resistance.
The breakout of 103 and 102 will both give a new sell signal.
In case of return above 104, we advise to wait the breakout of 105 to trade only short positions.
See the previous analysis of the EUR/JPY pair of November 25th, 2011
EUR/JPY Analysis
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Technical analysis of the EUR/GBP pair on November 23th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has faked a breakout of the resistance at 0.8650.
The pair just made a pullback on 0.8620 as support.
The pair is still above its bearish slant (purple line).
Indicators are globaly bullish.
We stay neutral on the pair between 0.86 and 0.8650.
We advise to wait an exit of this range to take position:
- Long if 0.8650 is broken. The breakout of 0.87 will give a new buy signal.
- Short if 0.86 is broken. The breakout of 0.8550 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of November 22th, 2011
EUR/GBP Analysis
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Technical analysis of the EUR/JPY pair on November 21th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY has faked a return above 104.
The pair is now falling below this level and is going to test the support at 103.50.
All indicators are bearish.
We maintain to trade only short positions as far as 104.50 is resistance.
The breakout of 103.50 and 103 will both give a new sell signal.
In case of return above 104.50, we advise to wait the breakout of 105 to trade only short positions.
See the previous analysis of the EUR/JPY pair of November 18th, 2011
EUR/JPY Analysis
Title:
EUR/JPY Daily technical analysis - November 2011
The pair EUR/JPY continues to move into its falling wedge.
Key point : 110
Resistance 1 :115
Resistance 2 : 120
Support 1 : 105
Support 2 : 100
On the long term:
The trend is clearly bearish
On the short term:
The pair has rebounded during October until the key point at 110 and faked a breakout of this level.
The pair then felt during the beginning of November.
The short term trend is bearish as far as 110 is resistance.
The pair is currently testing a return below 105 that will offer a new sell signal and open the way towards the support 2 at 100.
A return above 110 will make become the trend bullish on the short term.
Previous EUR/JPY Daily Analysis - October 2011
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EUR/USD Daily technical analysis - November 2011
The pair EUR/USD continues to move into a symmetrical triangle).
The key point of the pair is at 1.40
Resistance 1 : 1.45
Resistance 2 :1.50
Support 1:1.35
Support 2 : 1.30
On the long term:
The trend will remain neutral as far as the pair is moving into its triangle
On the short term:
During October, the pair has faked a return above 1.40 after having found support on the lower band of its triangle.
On November, the pair felt and just rebounded yesterday on the support 1 at 1.35.
The short term trend is bearish as far as 1.40 is resistance.
The breakout of 1.35 could allow a pursuit of the movement towards 1.30.
In case of return above 1.40, the short term trend will become bullish.
Previous EUR/USD Daily Analysis - October 2011
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