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GlobalyTitle:
Technical analysis of the USD/CAD pair on April 10th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD has tested yesterday the upper band of its bearish channel and got back below the resistance at 0.9977.
Indicators are globaly bullish.
The pair is still moving into a short term bearish channel (purple lines).
We continue to advise short positions as far as 0.9977 is resistance.
A return below 0.9935 will comfort our bearish feeling.
The breakout of 0.9910 will give a new sell signal and open the way towards 0.9889.
In case of return above 1.0, we will be neutral between this level and 1.0020.
The breakout of 1.0020 will give a buy signal.
See the previous analysis of the USD/CAD pair of April 9th, 2012
USD/CAD Analysis
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Technical analysis of the GBP/USD pair on April 9th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has rebounded on the support at 1.58 and is currently testing the resistance at 1.59.
Indicators are globaly bearish.
The pair is still moving below the lower band of its bullish channel (purple lines).
We now advise to trade only short positions as far as 1.59 is resistance.
The breakout of 1.58 will give a new sell signal and open the way towards 1.5725.
In case of return above 1.59, we will be neutral between this level and 1.5950.
The breakout of 1.5950 will give a buy signal.
See the previous analysis of the GBP/USD pair of April 6th, 2012
GBP/USD Analysis
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Technical analysis of the NZD/USD pair on April 9th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has rebounded on the support at 0.8130 and made a pullback on 0.82 last friday.
Indicators are globaly bullish.
The pair seems to move into a big bearish channel (purple lines).
We continue to advise short positions as far as 0.82 is resistance.
The breakout of 0.8130 will give a new sell signal and open the way towards 0.8080.
In case of return above 0.82, we will be neutral between this level and 0.8250.
The breakout of 0.8250 will give a buy signal.
See the previous analysis of the NZD/USD pair of April 6th, 2012
NZD/USD Analysis
Title:
Technical analysis of the USD/CAD pair on April 9th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD continues to move without any real trend and made on friday a pullback on the resistance at 0.9977.
Indicators are globaly bearish.
The pair is still moving into a short term bearish channel (purple lines).
We continue to advise short positions as far as 0.9977 is resistance.
A return below 0.9935 will comfort our bearish feeling.
The breakout of 0.9910 will give a new sell signal and open the way towards 0.9889.
In case of return above 0.9977, a buy signal will be given.
See the previous analysis of the USD/CAD pair of April 6th, 2012
USD/CAD Analysis
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Technical analysis of the AUD/USD parity on April 6th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is currently validating a return above 1.03 after a test of the lower band of its medium term bearish channel (purple lines).
Indicators stay globaly bearish.
We continue to advise short positions as far as 1.0350 is resistance.
The breakout of 1.0250 will give a new sell signal and open the way towards 1.02.
In case of return above 1.0350, we will be neutral between this level and 1.04.
The breakout of 1.04 will give a buy signal.
See the previous analysis of the AUD/USD parity of April 5th, 2012
AUD/USD 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 EUR/CHF pair on April 4th, 2012
Commentary of the EUR/CHF pair:
The pair EUR/CHF just made a pullback on 1.2050 as resistance.
The volatility on the pair is still very low.
Indicators are globaly bearish.
We continue to advise short positions as far as 1.2070 is resistance.
The breakout of 1.2030 will give a new sell signal and open the way towards 1.20.
In case of return below 1.2070, we will wait the breakout of 1.2080 to advise long positions.
See the previous analysis of the EUR/CHF pair of April 3rd, 2012
EUR/CHF Analysis
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Technical analysis of the EUR/GBP pair on April 4th, 2012
Commentary of the EUR/GBP pair:
The pair EUR/GBP made a new pullback on 0.8350 as resistance and felt immediately.
The pair is now going to test again the support at 0.83.
Indicators are globaly bearish.
We continue to advise short positions as far as 0.8375 is resistance.
The breakout of 0.83 will give a new sell signal and open the way towards 0.8250.
In case of return above 0.8375, we will be neutral between this level and 0.84.
The breakout of 0.84 will give a buy signal.
See the previous analysis of the EUR/GBP pair of April 3rd, 2012
EUR/GBP Analysis
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Technical analysis of the EUR/USD pair on April 4th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD felt strongly yesterday and has validated the breakout of its bullish slant and also the support at 1.33.
The pair is currently testing the next support at 1.32.
Indicators are globaly bearish.
We stay neutral between 1.32 and 1.33.
We advise to wait an exit of this range to take position:
- Long above 1.33. The breakout of 1.34 will give a new buy signal
- Short below 1.32. The breakout of 1.31 will give a new sell signal.
(stop loss could be set around 1.3250)
See the previous analysis of the EUR/USD pair of April 3rd, 2012
EUR/USD Analysis
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