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Finaly Exit ItsTitle:
Technical analysis of the GBP/USD pair on January 19th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has finaly broke the resistance at 1.54 after having tested this level twice.
All indicators are now bullish.
The pair is still moving below its bearish slant (purple line).
We are neutral on the pair between 1.54 and 1.55.
We advise to wait an exit of this range to take position:
- Long if 1.55 is broken (breakout also of the bearish slant). The breakout of 1.56 will give a new buy signal
- Short in case of return below 1.54. The breakout of 1.53 will give a new sell signal.
See the previous analysis of the GBP/USD pair of January 18th, 2012
GBP/USD Analysis
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Technical analysis of the GBP/JPY pair on December 14th, 2011
Commentary of the GBP/JPY pair :
The pair GBP/JPY finaly broke the support at 121 and is still moving into its bearish channel.
The pair is currently testing the next support at 120.58.
We are neutral between 120.58 and 121.50.
We advise to wait an exit of this range to take position:
- Long if 121.50 is broken (an exit of the bearish channel will be then validated). The breakout of 122.32 will give a new buy signal
- Short if 120.58 is broken. The breakout of 120 will give a new sell signal.
See the previous analysis of the GBP/JPY pair of December 13th, 2011
GBP/JPY Analysis
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Technical analysis of the GBP/USD pair on November 4th, 2011
Commentary of the GBP/USD pair :
After a test of the support at 1.59 yesterday, the pair finaly exit its range 1.59/1.60 from the top, giving us a buy signal.
Indicators are globaly bullish.
We advise to trade only long positions as far as 1.5950 is support.
The breakout of 1.6132 will give a new buy signal and open the way towards 1.62.
In case of return below 1.5950, we will be neutral between 1.59 and 1.60.
See the previous analysis of the GBP/USD pair of November 3rd, 2011
GBP/USD Analysis
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Technical analysis of the USD/CHF pair on October 13th, 2011
Commentary of the USD/CHF pair :
The pair USD/CHF finaly continued its correction and is currently testing the support at 0.8913.
So, we are neutral on the pair between this level and 0.9012.
All indicators are bearish.
We advise to wait an exit of the range 0.8913/0.9012 to take position:
- Long if 0.9012 is broken. The breakout of 0.91 will give a new buy signal
- Short if 0.8913 is broken. The breakout of 0.88 will give a new sell signal.
See the previous analysis of the USD/CHF pair of October 12th, 2011
USD/CHF Analysis
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Technical analysis of the EUR/USD pair on July 28th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD faked yesterday the break out of 1.45 to finaly falling below 1.44.
The pair is now back into its triangle.
All indicators are now bearish.
We stay neutral on the pair between 1.43 and 1.44.
We advise to wait an exit of this range to take position:
- Long if 1.44 is broken. The break out of 1.45 will give a new buy signal
- Short if 1.43 is broken. The break out of 1.42 will give a new sell signal.
See the previous analysis of the EUR/USD pair of July 27th, 2011
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Technical analysis of the USD/CAD pair on May 11th, 2011
Commentary of the USD/CAD pair :
The pair USD/CAD finaly broke its support at 0.9592 and so we are neutral on the pair between this level and 0.9550. We advise to wait an exit of this range to take position:
- Long if 0.9592 come back as support. The breakout of 0.9678 will give a new buy signal
- Short if 0.9550 is broken. The breakout of 0.9475 will give a new sell signal.
See the previous analysis of the USD/CAD pair of May 10th, 2011
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Technical analysis of the GBP/USD pair on May 6th, 2011
Commentary of the GBP/USD pair :
The pair GBP/USD finaly got out of its neutral zone 1.6450/1.6530 from the bottom, giving us a sell signal. The pair also validated an exit of its bullish channel. Currently, the pair is testing the support a 1.64. We maintain to trade only short positions as far as 1.65 is resistance. The breakout of 1.64 will give a new sell signal and open the way towards 1.6329 and 1.6250.
See the previous analysis of the GBP/USD pair of May 5th, 2011
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Technical analysis of the GBP/JPY pair on March 8th, 2011
Commentary of the GBP/JPY pair :
The pair GBP/JPY finaly continued its correction and 133.35 (level 38.20%) has been broken. So, we are neutral on the pair between 133.35 and 133. We advise to wait an exit of this range to take position :
- Long if 133.35 is broken
- Short if 133 is broken
See the previous analysis of the GBP/JPY pair of March 7th, 2011
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Technical analysis of the GBP/USD pair on March 8th, 2011
Commentary of the GBP/USD pair :
1.6333 again gave resistance and the pair GBP/USD finaly got out of its bullish channel. We are neutral on the pair between 1.6154 (level 23.60%) and 1.6250. We advise to wait an exit of this range to take position:
- Long in case of return above 1.6250
- Short if 1.6154 is broken.
See the previous analysis of the GBP/USD pair of March 7th, 2011
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