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Indicators Are Globaly BullishTitle:
Technical analysis of the EUR/JPY pair on February 17th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY has validated yesterday the breakout of 103 after a pullback on 102.
The pair is currently testing the next resistance at 104.
Indicators are globaly bullish.
We continue to advise long positions as far as 102.50 is support.
A return above 103 will comfort our bullish feeling.
The breakout of 104 will give a new buy signal and open the way towards 105.
In case of return below 102.5, we will wait the breakout of 102 to advise short positions.
See the previous analysis of the EUR/JPY pair of February 16th, 2012
EUR/JPY Analysis
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Technical analysis of the EUR/USD pair on February 17th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD found support yesterday on 1.30 to rebound strongly and validate a return above 1.31 (buy signal).
The pair is currently finding resistance on 1.3150 and is moving again above the lower band of its bullish channel (black lines).
Indicators are globaly bullish.
We now advise to trade the pair according to the key level at 1.31:
- Long above this level. The breakout of 1.32 will give a new buy signal.
- Short below this level. The breakout of 1.30 will give a new sell signal.
See the previous analysis of the EUR/USD pair of February 16th, 2012
EUR/USD Analysis
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Technical analysis of the NZD/USD pair on February 17th, 2012
Commentary of the NZD/USD pair :
After a pullback on 0.8250, the pair NZD/USD got out of its neutral zone 0.8238/0.83 from the top, giving us a buy signal.
The pair got back into its bullish channel (black lines).
Indicators are globaly bullish.
We continue to advise long positions as far as 0.83 is support.
The breakout of 0.84 will give a new buy signal and open the way towards 0.8450.
In case of return below 0.83, we will be again neutral between this level and 0.8238.
See the previous analysis of the NZD/USD pair of February 16th, 2012
NZD/USD Analysis
Title:
Technical analysis of the EUR/USD pair on February 16th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD has validated the breakout of 1.31 and got out of its bullish channel (black lines).
The pair is currently testing the support at 1.30.
Indicators are globaly bearish.
We continue to advise short positions as far as 1.31 is resistance.
The breakout of 1.30 will give a sell signal and open the way towards 1.29.
In case of return above 1.31, we will wait the breakout of 1.32 to advise long positions.
See the previous analysis of the EUR/USD pair of February 15th, 2012
EUR/USD Analysis
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Technical analysis of the AUD/USD parity on February 15th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday just above the lower band of its former rising wedge (now bullish slant).
The pair is going to validate a return above 1.07.
Indicators are globaly bullish.
We continue to advise long positions as far as 1.0650 is support.
A return above 1.07 will comfort our bullish feeling.
The breakout of 1.08 will give a new buy signal and open the way towards 1.09.
In case of return below 1.0650, we will wait the breakout of 1.06 to advise short positions.
See the previous analysis of the AUD/USD parity of February 14th, 2012
AUD/USD Analysis
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Technical analysis of the EUR/CHF pair on February 14th, 2012
Commentary of the EUR/CHF pair:
The pair EUR/CHF made yesterday a pullback on 1.21 as resistance and is currently testing the support at 1.2080.
The pair is still moving into its long term bearish channel (black lines).
Indicators are globaly bullish.
We continue to advise short positions as far as 1.21 is resistance.
A return below 1.2080 will comfort our bearish feeling.
The breakout of 1.2050 will give a new buy signal and open the way towards 1.20.
In case of return above 1.21, we will wait the breakout of 1.2150 to advise long positions.
See the previous analysis of the EUR/CHF pair of February 13th, 2012
EUR/CHF Analysis
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Technical analysis of the EUR/GBP pair on February 14th, 2012
Commentary of the EUR/GBP pair:
The pair EUR/GBP has again found resistance yesterday on 0.84.
Indicators are globaly bullish.
The pair is still moving above its medium term bullish channel (purple lines).
We maintain to trade the pair according to 0.8350:
- Long above this level. The breakout of 0.84 will give a new buy signal
- SHort below this level. The breakout of 0.8250 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of February 13th, 2012
EUR/GBP Analysis
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Technical analysis of the GBP/JPY pair on February 14th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY has made yesterday a new pullback on the support at 121.83 and also on its bullish slant (purple line).
The pair is currently testing the resistance at 122.66.
Indicators are globaly bullish.
We continue to advise long positions as far as 121.50 is support.
The breakout of 122.66 will give a new buy signal and open the way towards 123 and 124.
In case of return below 121.50, we will wait the breakout of 121 to advise short positions.
See the previous analysis of the GBP/JPY pair of February 13th, 2012
GBP/JPY Analysis
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Technical analysis of the XAU/USD (Gold) pair on February 13th, 2012
Commentary of the XAU/USD (Gold) pair:
The pair XAU/USD has faked on friday a return below 1720 points.
The pair XAU/USD continues to move below the upper band of its long term bullish channel (long term analysis).
Indicators are globaly bullish.
We continue to advise long positions as far as 1720 points is support.
The breakout of 1750 and 1800 points will both give a new buy signal.
In case of return below 1720 points, we will wait the breakout of 1700 points to advise short positions.
See the previous analysis of the XAU/USD pair of February 10th, 2012
XAU/USD Analysis
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