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FinalyTitle:
Technical analysis of the NZD/USD pair on November 23th, 2010
Commentary of the NZD/USD pair :
The pair NZD/USD finaly continued its bearish movement and 0.7725 has been broken. So, we are neutral on the pair. We will wait either
- A breakout of the bullish slant (black line) which act as support since September 1st. We could then trade short positions
- A return above 0.7725 to trade again long positions.
See the previous analysis of the NZD/USD pair of November 22th, 2010
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Technical analysis of the GBP/USD pair on October 27th, 2010
Commentary of the GBP/USD pair :
The resistance at 1.5788 has been finaly broke, pushing back the price into its neutral zone between 1.5788 and 1.5855. We will wait an exit of this range to take position:
- Long is 1.5855 is broken
- Short if the price gets back below 1.5788.
See the previous analysis of the GBP/USD pair of October 26th, 2010
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Technical analysis of the USD/CAD pair on October 27th, 2010
Commentary of the USD/CAD pair :
The pair finaly got back above our pivot point at 1.0227, giving us a buy signal. We now advise to trade only long positions as far as this level is support. The breakout of 1.03 will give another buy signal. The next resistance is at 1.0350.
See the previous analysis of the USD/CAD pair of October 26th, 2010
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Technical analysis of the GBP/USD pair on October 25th, 2010
Commentary of the GBP/USD pair :
A false breakout of 1.57 occured and finaly it's 1.5680 which gave support and allowed a rebound of the pair. However, we maintain to trade only short positions as far as 1.5788 is resistance. The breakout of 1.5680 will give a new sell signal. However, if 1.5788 is broken, we will be neutral between this level and 1.5855.
See the previous analysis of the GBP/USD pair of October 22th, 2010
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Technical analysis of the GBP/USD pair on October 20th, 2010
Commentary of the GBP/USD pair :
The pair finaly got out of its bullish channel and the breakout of 1.58 gave us a sell signal. Currently, the pair is testing the major support at 1.5714. We maintain to trade only short positions as far as 1.58 is resistance. The breakout of 1.5714 will give a new sell signal. However, if 1.58 is broken, we will be neutral between this level and 1.5850.
See the previous analysis of the GBP/USD pair of October 19th, 2010
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Technical analysis of the USD/CHF pair on October 20th, 2010
Commentary of the USD/CHF pair :
The pair finaly got out of its bearish channel and the breakout of 0.9650 gave us a buy signal. We now advise to trade only long positions as far as this level is support. The breakout of 0.9750 will give a new buy signal. However, if the price gets back below 0.9650, we will be neutral.
See the previous analysis of the USD/CHF pair of October 19th, 2010
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Technical analysis of the NZD/USD pair on October 18th, 2010
Commentary of the NZD/USD pair :
The pair finaly broke its bullish slant (purple line) and also its support at 0.7550. We are neutral between this level and 0.75. We will wait an exit of this range to take position:
- Long if the price gets back above 0.7550. The breakout of 0.76 will give a new buy signal
- Short if 0.75 is broken. The breakout of 0.7450 will give a new sell signal.
See the previous analysis of the NZD/USD pair of October 15th, 2010
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Technical analysis of the NZD/USD parity on October 13th, 2010
Commentary of the NZD/USD parity :
After a false breakout of 0.75, the bullish movement finaly took up. The return above 0.75 gave us a buy signal. THen, 0.7550 has been broke,, giving us another buy signal. We maintain to trade only long positions as far as 0.7528 is support. THe breakout of 0.76 (major resistance) will give a new buy signal. However, if 0.7528 is broken, we will be neutral.
See the previous analysis of the NZD/USD parity of October 12th, 2010
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Technical analysis of the USD/CAD parity on October 11th, 2010
Commentary of the USD/CAD parity :
The parity touched the resistance at 1.0225 and the bearish movement finaly took up and the return below 1.0150 allowed us to trade again short positions. Currently, the parity is testing the support at 1.01. The breakout of this level will give a new sell signal. We maintain to trade only short positions as far as 1.0150 is resistance. The next support is at 1.0050.
See the previous analysis of the USD/CAD parity of October 8th, 2010
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