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Neutral And A ReturnTitle:
Technical analysis of the NZD/USD pair on January 30th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has tested for a long time the resistance at 0.8236 but is currently making a small correction.
The pair continues to move into its bullish channel (black lines).
All indicators are bullish.
We continue to advise long positions as far as 0.81 is support.
The breakout of 0.8236 and 0.83 will both give a new buy signal.
In case of return below 0.81, we will be neutral between this level and 0.8050.
The breakout of 0.8050 will give a sell signal.
See the previous analysis of the NZD/USD pair of January 27th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CAD pair on January 30th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD has failed to break the support at 1.0 and is currently making a correction.
Indicators are mitigated.
The pair is still moving below its medium term bearish slant (black line).
We continue to advise short positions as far as 1.01 is resistance.
The breakout of 1.0 and 0.9950 will both give a new sell signal.
In case of return above 1.01, we will be neutral between this level and 1.0159.
The breakout of 1.0159 will give a buy signal.
See the previous analysis of the USD/CAD pair of January 27th, 2012
USD/CAD Analysis
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Technical analysis of the USD/JPY pair on January 30th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has continued its bearish movement and the breakout of 76.96 gave us a new sell signal.
The pair is currently testing the next support at 76.66.
All indicators are bearish.
We continue to advise short positions as far as 77.05 is resistance.
The breakout of 76.66 and 76.40 will both give a new sell signal.
In case of return above 77.44, we will be neutral between this level and 77.05.
The breakout of 77.33 will give a buy signal.
See the previous analysis of the USD/JPY pair of January 27th, 2012
USD/JPY Analysis
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The Weekly Bottom Line : 28/01/2012
The Weekly Bottom Line : 28/01/2012
HIGHLIGHTS OF THE WEEK
United States
The Federal Reserve committed to keep rates on hold through the end of 2014 this week, while today's Q4 GDP released underscored the fragility of the economic recovery. Unfortunately, further monetary easing isn't what is going to provide the jolt the economy needs.
What's holding the economy back right now isn't the price of credit; it's the lack of quality borrowers. The pool of potential borrowers willing and able to take advantage of lower interest rates is limited. And as long as aggregate demand remains depressed, businesses will continue to put off investing until the economic outlook improves.
What the economy needs right now is more effective fiscal policy solutions. However, fiscal policy so ...
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Technical analysis of the GBP/USD pair on January 27th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has continued yesterday its bullish movement and the breakout of 1.5670 gave us a news buy signal.
Currently, the pair is making a pullback on this level.
The pair is still moving above its short term bullish slant (black line).
All indicators are bullish.
We continue to advise long positions as far as 1.56 is support.
The breakout of 1.5749 will give a new buy signal and open the way towards 1.58.
In case of return below 1.56, we will be neutral between this level and 1.5550.
The breakout of 1.5550 will give a sell signal.
See the previous analysis of the GBP/USD pair of January 26th, 2012
GBP/USD Analysis
Title:
Technical analysis of the NZD/USD pair on January 27th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued yesterday its bullish movement and is currently testing the resistance at 0.8236.
The pair continues to move into its bullish channel (black lines).
All indicators are bullish.
We continue to advise long positions as far as 0.81 is support.
The breakout of 0.8236 and 0.83 will both give a new buy signal.
In case of return below 0.81, we will be neutral between this level and 0.8050.
The breakout of 0.8050 will give a sell signal.
See the previous analysis of the NZD/USD pair of January 26th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CAD pair on January 27th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD has continued yesterday its strong bearish movement until the support at 1.0.
This level allowed a rebound of the pair.
All indicators stay bearish.
The pair is still moving below its medium term bearish slant (black line).
We continue to advise short positions as far as 1.01 is resistance.
The breakout of 1.0 and 0.9950 will both give a new sell signal.
In case of return above 1.01, we will be neutral between this level and 1.0159.
The breakout of 1.0159 will give a buy signal.
See the previous analysis of the USD/CAD pair of January 26th, 2012
USD/CAD Analysis
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Technical analysis of the USD/JPY pair on January 27th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has continued its strong bearish movement and the breakout of 77.33 gave us a sell signal.
Then, the pair has tested the next support at 76.96.
All indicators are bearish.
We continue to advise short positions as far as 77.44 is resistance.
The breakout of 76.96 and 76.66 will both give a new sell signal.
In case of return above 77.44, we will be neutral between this level and 77.63.
The breakout of 77.63 will give a buy signal.
See the previous analysis of the USD/JPY pair of January 26th, 2012
USD/JPY Analysis
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Technical analysis of the GBP/JPY pair on January 26th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY continues to test the resistance at 121.65 after a high on 122 in extension.
All indicators are bullish.
We maintain to trade only long positions as far as 121 is support.
The breakout of 121.65 and 122.24 will both give a new buy signal.
In case of return below 121, we will be neutral between this level and 120.50
The breakout of 120.50 will give a sell signal.
See the previous analysis of the GBP/JPY pair of January 25th, 2012
GBP/JPY Analysis
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