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Indicators Are Globaly BullishTitle:
Technical analysis of the EUR/JPY pair on October 27th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY just validated the breakout of 106, offering us a buy signal.
Indicators are globaly bullish.
We maintain to trade only long positions as far as 106 is support.
The breakout of 107 will give a new buy signal and open the way towards 108.
In case of return below 106, we will wait the breakout of 105 to take position.
See the previous analysis of the EUR/JPY pair of October 26th, 2011
EUR/JPY Analysis
Title:
Technical analysis of the EUR/JPY pair on October 26th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY continues to move between the support at 105 and the resistance at 106.
Indicators are globaly bullish.
We stay neutral between 105 and 106.
We advise to wait an exit of this range to take position:
- Long if 106 is broken. The breakout of 107 will give a new buy signal towards 108.
- Short if 105 is broken. The breakout of 104 will give a new sell signal towards 103.
See the previous analysis of the EUR/JPY pair of October 25th, 2011
EUR/JPY Analysis
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Technical analysis of the NZD/USD pair on October 26th, 2011
Commentary of the NZD/USD pair :
A correction occured on the pair NZD/USD who got out of its bullish channel.
The support at 0.80 has been also broken.
Indicators are globaly bearish.
We are now neutral between 0.79 and 0.80.
We advise to wait an exit of this range to take position:
- Long if 0.80 is broken. The breakout of 0.8124 will give a new buy signal
- Short if 0.79 is broken. The breakout of 0.78 will give a new sell signal.
See the previous analysis of the NZD/USD pair of October 25th, 2011
NZD/USD Analysis
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Technical analysis of the EUR/CHF pair on October 25th, 2011
Commentary of the EUR/CHF pair:
The pair EUR/CHF continues to move between 1.22 and 1.23.
Indicators are globaly bullish.
We stay neutral on the pair between 1.22 and 1.23.
We advise to wait an exit of this range to take position:
- Long if 1.23 is broken. The breakout of 1.24 will give a new buy signal
- Short if 1.22 is broken. The breakout of 1.21 will give a new sell signal.
See the previous analysis of the EUR/CHF pair of October 24th, 2011
EUR/CHF Analysis
Title:
Technical analysis of the EUR/JPY pair on October 25th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY continues to move between the support at 105 and the resistance at 106.
The pair is currently moving towards 105.
Indicators are globaly bullish.
We stay neutral between 105 and 106.
We advise to wait an exit of this range to take position:
- Long if 106 is broken. The breakout of 107 will give a new buy signal towards 108.
- Short if 105 is broken. The breakout of 104 will give a new sell signal towards 103.
See the previous analysis of the EUR/JPY pair of October 24th, 2011
EUR/JPY Analysis
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Technical analysis of the EUR/GBP pair on October 24th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP just faked a breakout of the support at 0.87.
The pair continues to move below its short term bullish slant (purple line).
Indicators are globaly bearish.
However, we maintain to trade only long positions as far as 0.87 is support.
The breakout of 0.88 will give a new buy signal and open the way towards 0.8850.
In case of return below 0.87, we will then advise to trade short positions.
The breakout of 0.8650 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of October 21th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/JPY pair on October 24th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY continues to move between the support at 105 and the resistance at 106.
The pair is currently testing a breakout of 106.
Indicators are globaly bullish.
We stay neutral between 105 and 106.
We advise to wait an exit of this range to take position:
- Long if 106 is broken. The breakout of 107 will give a new buy signal towards 108.
- Short if 105 is broken. The breakout of 104 will give a new sell signal towards 103.
See the previous analysis of the EUR/JPY pair of October 21th, 2011
EUR/JPY Analysis
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Technical analysis of the GBP/JPY pair on October 21th, 2011
Commentary of the GBP/JPY pair :
The pair GBP/JPY again rebounded on the support at 120.50 (but the head and shoulders pattern is not invalidated).
Indicators are globaly bullish.
We maintain to trade only long positions as far as 120.50 (neckline of the pattern) is support.
A return above 121.59 will comfort our bullish feeling.
The breakout of 122.50 will give a new buy signal and open the way towards 123.
In case of return below 120.50, a sell signal will be given.
See the previous analysis of the GBP/JPY pair of October 20th, 2011
GBP/JPY Analysis
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Technical analysis of the AUD/USD parity on October 20th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD again faked a breakout of 1.03.
The pair is now falling and is currently testing a breakout of 1.02.
Indicators are globaly bullish.
We maintain to trade only long positions as far as 1.0150 is support.
The breakout of 1.03 and 1.04 will both give a new buy signal.
In case of return below 1.0150, we will wait the breakout of 1.01 to advise short positions.
See the previous analysis of the AUD/USD parity of October 19th, 2011
AUD/USD Analysis
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