ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Finaly Broke The SupportTitle:
Technical analysis of the USD/CAD pair on May 16th, 2012
Commentary of the USD/CAD pair :
The pair took support again on 0.9887 yesterday and then the pair USD/CAD finaly broke the resistance at 1.0050, giving us a new buy signal.
The pair is currently testing the next resistance at 1.01.
All indicators are bullish.
The pair seems to move into a bullish channel (black lines).
We continue to advise long positions as far as 1.0 is support.
The breakout of 1.01 will give a new buy signal and will open the way towards 1.0150.
In case of return below 1.0, we will be neutral between this level and 0.9950.
The breakout of 0.9950 will give a sell signal.
See the previous analysis of the USD/CAD pair of May 15th, 2012
USD/CAD Analysis
Title:
Technical analysis of the USD/CHF pair on April 20th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF finaly broke the support at 0.9150, giving us a sell signal.
All indicators are bearish.
The pair is still moving below its bearish slant (purple line).
We now advise to trade only short positions as far as 0.92 is resistance.
The breakout of 0.91 will give a new sell signal and open the way towards 0.9050.
In case of return above 0.92, a buy signal will be given.
See the previous analysis of the USD/CHF pair of April 19th, 2012
USD/CHF Analysis
Title:
Technical analysis of the USD/CAD pair on April 6th, 2012
Commentary of the USD/CAD pair :
0.9977 has finaly given resistance on the pair USD/CAD who broke the support at 0.9950, offering us a sell signal.
The breakout of of the next support at 0.9934 just occured, giving us a new sell signal.
Indicators are globaly bearish.
The pair seems to move into a short term bearish channel (purple lines).
We continue to advise short positions as far as 0.9177 is resistance.
The breakout of 0.9910 will give a new sell signal and open the way towards 0.9889.
In case of return above 0.9177, a buy signal will be given.
See the previous analysis of the USD/CAD pair of April 5th, 2012
USD/CAD Analysis
Title:
Technical analysis of the AUD/USD parity on March 28th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has tested yesterday the resistance at 1.0550 but finaly broke the support at 1.05, giving us a sell signal.
All indicators are neutral.
The pair seems to move into a bearish channel (purple lines).
We continue to advise short positions as far as 1.0550 is resistance.
The breakout of 1.04 will give a new sell signal and open the way towards 1.03.
In case of return above 1.0550, a buy signal will be given.
See the previous analysis of the AUD/USD parity of March 27th, 2012
AUD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on March 28th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has tested yesterday the resistance at 0.8250 but finaly broke the support at 0.82, giving us a sell signal.
The pair is currently testing as support a former bearish slant (purple line).
Indicators stay globaly bullish.
We continue to advise short positions as far as 0.8250 is resistance.
The breakout of 0.8150 will give a new sell signal and open the way towards 80.80.
In case of return above 0.8250, a buy signal will be given.
See the previous analysis of the NZD/USD pair of March 27th, 2012
NZD/USD Analysis
Title:
Technical analysis of the USD/CHF pair on March 27th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF finaly broke the support at 0.9084, giving us a new sell signal and is currently testing the next support at 0.9024.
All indicators are bearish.
We continue to advise short positions as far as 0.9137 is resistance.
The breakout of 0.9024 will give a new sell signal and open the way towards 0.8941.
In case of return above 0.9137, we will be neutral between this level and 0.9164.
The breakout of 0.9164 will give a buy signal.
See the previous analysis of the USD/CHF pair of March 26th, 2012
USD/CHF Analysis
Title:
Technical analysis of the GBP/JPY pair on March 14th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY finaly broke the resistance at 129.42 and at 130, giving us both a new buy signal.
All indicators are bullish.
The pair is still moving above its bullish slant (purple line).
We continue to advise long positions as far as 128.50 is support.
The breakout of 131 will give a new buy signal and open the way towards 132.
In case of return below 128.50, we will be neutral between this level and 127.
The breakout of 127 will give a sell signal.
See the previous analysis of the GBP/JPY pair of March 13th, 2012
GBP/JPY Analysis
Title:
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
Title:
USD/CHF Daily technical analysis - February 2012
The pair USD/CHF has finaly continued its correction and got back below the resistance at 0.9270. However, the trend will remain bullish as far as 0.90 is support.
A return above 0.9270 will comfort our bullish feeling and the breakout of 0.95 will give a new buy signal and open the way towards 0.9754.
However, if 0.90 is broken, a return on 0.8791 and 0.8572 is expected. If 0.8572 is broken, the trend will become bearish.
Previous USD/CHF Daily Analysis - January 2012
|