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Neutral And A ReturnTitle:
Technical analysis of the NZD/USD pair on May 15th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and the breakout of 0.78 gave us a new sell signal.
Currently, the pair is testing the next support at 0.7754.
The gap is still not filled in.
All indiactors are bullish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.7923 is resistance.
The breakout of 0.7754 will give a new sell signal and open the way towards 0.77.
In case of return above 0.7923, we will be neutral between this level and 0.7970.
See the previous analysis of the NZD/USD pair of May 14th, 2012
NZD/USD Analysis
Title:
Technical analysis of the USD/CAD pair on May 15th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD made a triple top on the resistance at 1.0050 and is currently moving the support at 0.9887.
Indicators stay globaly bullish.
We continue to advise long positions as far as 0.9965 is support.
The breakout of 1.0050 will give a new buy signal and will open the way towards 1.01.
In case of return below 0.9965, we will be neutral between this level and 0.9931.
The breakout of 0.9931 will give a sell signal.
See the previous analysis of the USD/CAD pair of May 14th, 2012
USD/CAD Analysis
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Technical analysis of the USD/CHF pair on May 15th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF has continued its bullish movement and the breakout of 0.9350 gave us a new buy signal.
The opening gap is still not filled in.
All indicators are bullish.
We continue to advise long positons as far as 0.9257 is support.
The breakout of 0.9350 will give a new buy signal and open the way towards 0.94.
In case of return below 0.9257, we will be neutral between this level and 0.92.
See the previous analysis of the USD/CHF pair of May 14th, 2012
USD/CHF Analysis
Title:
Technical analysis of the USD/JPY pair on May 15th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has tested yesterday the resistance at 80.08 and then made a pullback on the upper band of its former bearish channel (black lines).
Indicators are neutral.
We continue to advise short positions as far as 80.20 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.20, we will wait the breakout of 80.41 to advise long positions..
See the previous analysis of the USD/JPY pair of May 14th, 2012
USD/JPY Analysis
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Dukascopy Afternoon Forex Overview : 05/14/2012
Dukascopy Fundamental Analysis
EUR
Industrial production in the 17 countries that use the euro fell unexpectedly in March, leaving little doubt the region contracted for a second straight quarter in the first three months of the year and returned to recession, data by Eurostat showed Monday.
USD
Stocks fell, commodities declined to their cheapest level this year and the euro weakened to a three- month low on concern that Greece will exit the single European currency and after German Chancellor Angela Merkel’s party lost a state election.
GBP
The government, and many economists, say the U.K.'s austerity plan has succeeded in reassuring financial markets that the government is focused on wrestling down the country's debt, which had ballooned to the highest levels since World War II. As a ...
Title:
Technical analysis of the EUR/GBP pair on May 14th, 2012
Commentary of the EUR/GBP pair:
The pair EUR/GBP made a pullback last friday on the resistance at 0.8050.
The bearish gap which ocurred at the opening is still not filled in.
All indicators are bearish.
The pair is still moving into a bearish channel (purple lines).
We continue to advise short positions as far as 0.8075 is resistance.
The breakout of 0.80 will give a new sell signal and open the way towards 0.7950.
In case of return above 0.8075, we will be neutral between this level and 0.81.
The breakout of 0.81 will give a buy signal.
See the previous analysis of the EUR/GBP pair of May 11th, 2012
EUR/GBP Analysis
Title:
Technical analysis of the GBP/JPY pair on May 14th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY continues to move below the resistance at 128.86 and is using the upper band of its former falling wedge as support.
Indicators are mitigated.
We continue to advise short positions as far as 129.50 is resistance.
The breakout of 127.70 will give a new sell signal and open the way towards 126.70.
In case of return above 129.50, we will be neutral between this level and 130.15.
The breakout of 130.15 will give a new buy signal.
See the previous analysis of the GBP/JPY pair of May 11th, 2012
GBP/JPY Analysis
Title:
Technical analysis of the GBP/USD pair on May 14th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD broke the support at 1.61 last friday, giving us a sell signal.
All indicators are bearish.
The pair is moving towards the medium term bullish slant (black line).
We continue to advise short positions as far as 1.6150 is resistance.
The breakout of 1.6050 will give a new sell signal and open the week towards 1.60.
In case of return above 1.6150, we will be neutral between this level and 1.62.
The breakout of 1.62 will give a buy signal.
See the previous analysis of the GBP/USD pair of May 11th, 2012
GBP/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 14th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and opened on a bearish gap below the support at 0.7838 (new sell signal).
The gap is still not filled in.
All indiactors are bullish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.7950 is resistance.
The breakout of 0.78 will give a new sell signal and open the way towards 0.7754.
In case of return above 0.7950, we will be neutral between this level and 0.80.
See the previous analysis of the NZD/USD pair of May 11th, 2012
NZD/USD Analysis
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