ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Now Advise To TradeTitle:
Technical analysis of the EUR/CHF pair on November 23th, 2011
Commentary of the EUR/CHF pair:
The pair EUR/CHF has failed to break the resistance at 1.24.
The pair felt on 1.23 and is now testing this level.
All indicators are now bearish.
We maintain to trade only long positions as far as 1.23 is support.
The breakout of 1.24 and 1.2450 will both give a new buy signal.
In case of return below 1.23, we will then advise to trade short positions.
See the previous analysis of the EUR/CHF pair of November 22th, 2011
EUR/CHF Analysis
Title:
Technical analysis of the EUR/JPY pair on November 21th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY has faked a return above 104.
The pair is now falling below this level and is going to test the support at 103.50.
All indicators are bearish.
We maintain to trade only short positions as far as 104.50 is resistance.
The breakout of 103.50 and 103 will both give a new sell signal.
In case of return above 104.50, we advise to wait the breakout of 105 to trade only short positions.
See the previous analysis of the EUR/JPY pair of November 18th, 2011
EUR/JPY Analysis
Title:
YouTradeFX Daily Market Analysis : 18/11/2011
Li Daokui, an adviser to the China’s central bank announced that the nation’s trade surplus will be zero in one or two years, which will make the Yuan rate less of an issue. Chinese policy makers have pledged to adjust the china’s growth toward domestic demand and narrow its external surplus to help address tilted of its flows of trade and investment. Moreover, unbalanced trade flows of China have prompted calls from U.S. and other G-20 nations for world’s second-largest economy to allow its currency to trade more flexibly.
U.S. Initial Jobless Claims fell at its lowest reading in seven months. U.S Labor Department figures showed that application for unemployment insurance decreased by 5,000 from last week to 388,000, lower than the 397,000 estimated. Housing in the U.S. also starts ...
Title:
Technical analysis of the EUR/USD pair on November 17th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD continues to move on the support at 1.35.
The pair is now moving into a bearish channel (purple lines).
All indicators are bearish.
We maintain to trade only short positions as far as 1.36 is resistance.
The validation of the breakout of 1.35 will give a new sell signal and open the way towards 1.34.
In case of return above 1.36, we will wait the breakout of 1.37 to advise long positions.
See the previous analysis of the EUR/USD pair of November 16th, 2011
EUR/USD Analysis
Title:
Technical analysis of the AUD/USD parity on November 16th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.02, offering a sell signal.
The pair is now going to test the next support at 1.01.
All indicators are bearish.
We maintain to trade only short positions as far as 1.02 is resistance.
The breakout of 1.01 will give a new sell signal and open the way towards 1.00.
In case of return above 1.02, we will wait the breakout of 1.03 to advise long positions.
See the previous analysis of the AUD/USD parity of November 15th, 2011
AUD/USD Analysis
Title:
Technical analysis of the EUR/JPY pair on November 16th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY has validated yesterday the breakout of 105, offering a new sell signal.
The pair is now going to validate the breakout of the next support at 104.
All indicators are bearish.
We maintain to trade only short positions as far as 105 is resistance.
The breakout of 104 and 106 will both give a new sell signal.
In case of return above 105, we advise to wait the breakout of 106 to trade only short positions.
See the previous analysis of the EUR/JPY pair of November 15th, 2011
EUR/JPY Analysis
Title:
Technical analysis of the EUR/USD pair on November 16th, 2011
Commentary of the EUR/USD pair :
The pair EUR/USD has validated yesterday the breakout of 1.36, offering a new sell signal.
The pair is now going to test 1.35 as support.
All indicators are bearish.
We maintain to trade only short positions as far as 1.36 is resistance.
The breakout of 1.35 will give a new sell signal and open the way towards 1.34.
In case of return above 1.36, we will wait the breakout of 1.37 to advise long positions.
See the previous analysis of the EUR/USD pair of November 15th, 2011
EUR/USD Analysis
Title:
Technical analysis of the XAU/USD (Gold) pair on November 14th, 2011
Commentary of the XAU/USD (Gold) pair:
The pair XAU/USD is going to test again the resistance at 1800 points.
The pair is now moving above a bullish slant (purple line).
All indicators are bullish.
We maintain to trade only long positions as far as 1750 points is support.
The breakout of 1800 will give a new buy signal and open the way towards 1850 points.
However, if 1750 is broken, we will wait the breakout of 1700 to advise short positions.
See the previous analysis of the XAU/USD pair of November 11th, 2011
XAU/USD Analysis
Title:
Technical analysis of the EUR/JPY pair on November 14th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY has reached the resistance at 106.50 and is now falling below 106.
Indicators stay globaly bearish.
We maintain to trade only short positions as far as 106.50 is resistance.
The breakout of 105 and 104 will both give a new sell signal.
In case of return above 106.50, we advise to wait the breakout of 107 to trade only short positions.
See the previous analysis of the EUR/JPY pair of November 11th, 2011
EUR/JPY Analysis
|