ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Gave Us A SellTitle:
Technical analysis of the USD/CHF pair on March 9th, 2012
Commentary of the USD/CHF pair :
A bearish movement occured on the pair USD/CHF and the breakout of 0.92 just gave us a sell signal.
Indicators are globaly bearish.
We now advise to trade the pair according to 0.9164:
- Long above this level. The breakout of 0.92 will give a new buy signal
- Short below this level. The breakout of 0.9050 will give a new sell signal.
See the previous analysis of the USD/CHF pair of March 8th, 2012
USD/CHF Analysis
Title:
Technical analysis of the GBP/JPY pair on March 8th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY has rebonded yesterday on the support at 126.70 and the breakout of 127.56 gave us a buy signal.
Indicators are mitigated.
We now advise to trade only long positions as far as 126.70 is support.
The breakout of 129.42 will give a new buy signal and open the way towards 130.
In case of return below 126.70, we will be neutral between this level and 125.64.
The breakout of 125.64 will give a sell signal.
See the previous analysis of the GBP/JPY pair of March 7th, 2012
GBP/JPY Analysis
Title:
Technical analysis of the NZD/USD pair on March 7th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish rally and the breakout of 0.8150 gave us a new sell signal.
A correction is currently occuring on the pair who got back above 0.8150.
All indicators are bearish.
We continue to advise only short positions as far as 0.8250 is resistance.
The breakout of 0.8080 will give a new sell signal and open the way towards 0.80.
In case of return above 0.8250, we will be neutral between this level and 0.83.
THe breakout of 0.83 will give a buy signal.
See the previous analysis of the NZD/USD pair of March 6th, 2012
NZD/USD Analysis
Title:
Technical analysis of the USD/CAD pair on March 7th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD has continued its bullish rally and the exit of the range 0.9937/0.9973 from the top gave us a buy signal.
All indicators are bullish.
The pair is still moving below its medium term bearish slant (black line).
We continue to advise long positions as far as 0.9950 is support.
The breakout of 1.0039 will give a new buy signal and open the way towards 1.01.
In case of return below 0.9950, we will be neutral between this level and 0.9937.
The breakout of 0.9937 will give a new sell signal.
See the previous analysis of the USD/CAD pair of March 6th, 2012
USD/CAD Analysis
Title:
Technical analysis of the USD/CHF pair on March 7th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF has continued its bullish rally and the breakout of 0.9163 gave us a new buy signal.
All indicators are bullish.
We continue to advise long positions as far as 0.91 is support.
The breakout of 0.92 will give a new buy signal and open the way towards 0.9250.
In case of return below 0.91, a sell signal will be given.
See the previous analysis of the USD/CHF pair of March 6th, 2012
USD/CHF Analysis
Title:
Gold extends losses on China growth worry
(Reuters) - Gold fell on Tuesday, extending losses seen in the previous session after China set a slower economic growth target for the year, but hopes that cheaper bullion would prompt a pickup in purchases reined in losses.
Prices have also been supported by the ongoing debt crisis in Europe, which has strained the region's economy and polished gold's safe-haven appeal.
"The euro crisis has prompted everyone into buying gold, while new demand from China and India has kept the physical market tight," said Pradeep Unni, senior analyst at Richcomm Global Services in Dubai.
"For now, because of the euro zone crisis and then the Iranian nuclear conflict, gold is overpriced versus other commodities," he said.
Gold eased 0.3 percent to $1,700.91 an ounce by 0750 GMT, recovering from an ...
Title:
Technical analysis of the NZD/USD pair on March 6th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish rallye and the breakout of 0.8250 and 0.82 both gave us a new sell signal.
Currently, the pair is testing the next support at 0.8150.
All indicators are bearish.
We now advise to trade only 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 0.8080.
In case of return above 0.8250, we will be neutral between this level and 0.83.
THe breakout of 0.83 will give a buy signal.
See the previous analysis of the NZD/USD pair of March 5th, 2012
NZD/USD Analysis
Title:
Gold holds around $1,700
(Reuters) - Gold held around $1,700 an ounce Tuesday, after falling in the previous session as China, widely seen as the engine of the global economy, cut its economic growth targets, but cheaper prices could attract more buying from jewellers in Asia.
Shares in Asia and growth-linked currencies were under pressure after China cut its 2012 growth target to an eight-year low of 7.5 percent, while tension over Iran hurt risk appetite and prompted investors to take profits from recent rallies.
Title:
Asian shares, growth assets hit by economy worries
(Reuters) - Asian shares and other growth-linked assets fell on Tuesday as slowing economies in China and Europe and tension over Iran dampened sentiment, prompting investors to take profits from recent rallies that had been driven by ample liquidity.
China's lowering of its growth target and data pointing to Europe possibly slipping back into recession eroded the optimism that had been setting the tone for global markets since the European Central Bank's first massive liquidity injection in late December.
Abundant funds in the system stabilized markets and mitigated concerns about a crisis triggered by European banks' financing difficulties, but uncertainty about global economic prospects led investors to trim their risk exposure.
Oil also pared earlier gains, underscoring the market's ...
|