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FinalyTitle:
Technical analysis of the GBP/JPY pair on May 17th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY finaly took up its bearish movement yesterday and is currently testing the support at 127.70.
The pair is moving along the upper band of its former falling wedge (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 128.86 is resistance.
The breakout of 127.70 will give a new sell signal and open the way towards 126.70.
In case of return above 128.86, we will be neutral between this level and 129.50.
The breakout of 129.50 will give a new buy signal.
See the previous analysis of the GBP/JPY pair of May 16th, 2012
GBP/JPY Analysis
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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
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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
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Technical analysis of the GBP/USD pair on April 10th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD finaly broke the resistance at 1.59.
All indicators are bullish.
We are neutral on the pair between 1.59 and 1.5950.
We advise to wait an exit of this range to take position:
- Long above 1.5950. The breakout of 1.60 will give a new buy signal
- Short below 1.59. The breakout of 1.58 will give a new sell signal.
See the previous analysis of the GBP/USD pair of April 9th, 2012
GBP/USD Analysis
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Technical analysis of the GBP/JPY pair on April 9th, 2012
Commentary of the GBP/JPY pair :
The pair GPB/JPY finaly got out of its neutral zone 130.15/131.50 from the bottom, giving us a sell signal.
All indicators are bearish.
We continue to advise short positions as far as 130.68 is resistance.
The breakout of 128.44 will give a new sell signal and open the way towards 127.50.
In case of return above 130.68, we will be neutral between this level and 131.50.
The breakout of 131.50 will give a buy signal.
See the previous analysis of the GBP/JPY pair of April 6th, 2012
GBP/JPY Analysis
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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
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Technical analysis of the USD/CHF pair on April 4th, 2012
Commentary of the USD/CHF pair :
A strong bullish movement finaly occured on the pair USD/CHF who was moving since several days on the support at 0.9024.
All indicators are bullish.
The pair got back above the resistance at 0.9085.
We are neutral between this level and 0.9164.
We advise to wait an exit of this range to take position:
- Long above 0.9164. The breakout of 0.9216 will give a new buy signal
- Short below 0.9085. The breakout of 0.9024 will give a new sell signal.
See the previous analysis of the USD/CHF pair of April 3rd, 2012
USD/CHF Analysis
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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
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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
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