ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
OccuredTitle:
Technical analysis of the USD/CHF pair on October 28th, 2011
Commentary of the USD/CHF pair :
A new bearish acceleration occured on the pair USD/CHF who broke the support at 0.87, giving us a new sell signal.
Currently, the pair is testing the next support at 0.86.
All indicators are bearish.
We maintain to trade only short positions as far as 0.88 is resistance.
The breakout of 0.86 will give a new sell signal and open the way towards 0.85.
However, if 0.88 is broken, we will be neutral between this level and 0.8916.
See the previous analysis of the USD/CHF pair of October 27th, 2011
USD/CHF Analysis
Title:
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
Title:
Technical analysis of the USD/CAD pair on October 26th, 2011
Commentary of the USD/CAD pair :
A strong bullish movement occured on the pair USD/CAD who got out of its bearish channel.
The resistance at 1.0150 has been also broken.
So, we are neutral on the pair between this level and 1.0231.
We advise to wait an exit of this range to take position:
- Long is 1.0231 is broken. The breakout of 1.0350 will give a new buy signal
- Short in case of return below 1.0150. The breakout of 1.0 will give a new sell signal.
See the previous analysis of the USD/CAD pair of October 25th, 2011
USD/CAD Analysis
Title:
Technical analysis of the GBP/USD pair on October 24th, 2011
Commentary of the GBP/USD pair :
A new bullish acceleration occured on the pair GBP/USD and the breakout of 1.5850 gave us a new buy signal.
Currently, the pair is testing the next resistance at 1.60.
All indicators are bullish.
We maintain to trade only long positions as far as 1.5850 is support.
The breakout of 1.60 will give a new buy signal and open the way towards 1.6132.
However, in case of return below 1.5850, we will be neutral.
See the previous analysis of the GBP/USD pair of October 21th, 2011
GBP/USD Analysis
Title:
Technical analysis of the USD/JPY pair on October 24th, 2011
Commentary of the USD/JPY pair :
A very strong bearish movement occured on the pair USD/JPY who broke the support at 76.50, giving a sell signal.
Then, a new historical low has been made on the pair on 75.80 and finaly, 76.18 gave support to the price.
We maintain to trade only short positions as far as 76.60 is resistance.
The breakout of 76.18 will give a new sell signal and open the way towards 76.
However, if 76.60 is broken, we will be neutral between this level and 76.85.
See the previous analysis of the USD/JPY pair of October 21th, 2011
USD/JPY Analysis
Title:
Technical analysis on AUD/USD - 15min - 10/21/2010
The triangle perfectly worked. At the breakout of the upper band, a bullish rallye occured.
Badly, i was a little shy on my objectives...
Title:
Technical analysis of the USD/CHF pair on October 21th, 2011
Commentary of the USD/CHF pair :
A strong bearish movement occured on the pair USD/CHF who is currently testing the support at 0.8913.
All indicators are bearish.
So, we are neutral on the pair between 0.8913 and 0.8958.
We advise to wait an exit of this range to take position:
- Short in case of validation of the breakout of 0.8913. The breakout of 0.88 will give a new sell signal.
- Long in case of return above 0.8958. The breakout of 0.9071 will give a new buy signal.
See the previous analysis of the USD/CHF pair of October 20th, 2011
USD/CHF Analysis
Title:
Technical analysis on EUR/USD - 15min - 10/19/2010
The pair EUR/USD is currently moving into a rising wedge (reveral pattern).
In 82% of case, an exit from the bottom occured. So, it is possible to enter short now and target a return on 1.3783 (also fibonacci retracement 50%). The breakout of this level will give a sell signal and open the way towards 1.3753 (level 38.20%) and towards the pivot of the day at 1.3741.
This scenario stay possible as far as 1.3834 (red line) is resistance.
However, the breakout of 1.3834 will give a buy signal and we will then target 1.3880 and 1.39 in extension.
Title:
Technical analysis of the GBP/JPY pair on October 18th, 2011
Commentary of the GBP/JPY pair :
The pair GBP/JPY has tested the resistance at 122.50 and then a correction occured.
The pair broke its short term bullish slant and the support at 121.59.
Indicators stay globaly bullish.
We maintain to trade only long positions as far as 120.67 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 120.67, a sell signal will be given.
See the previous analysis of the GBP/JPY pair of October 17th, 2011
GBP/JPY Analysis
|