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Technical analysis of the USD/CAD pair on April 13th, 2012
Commentary of the USD/CAD pair :
A strong bearish movement occured on the pair USD/CAD who broke the support at 0.9960, giving us a sell signal.
All indicators are bearish.
We now advise to trade only short positions as far as 1.0 is resistance.
The pair got back into its former short term bearish channel (purple lines).
The breakout of 0.9920 will give a new sell signal and open the way towards 0.9888.
In case of return above 1.0, a buy signal will be given.
See the previous analysis of the USD/CAD pair of April 12th, 2012
USD/CAD Analysis
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Technical analysis of the NZD/USD pair on April 11th, 2012
Commentary of the NZD/USD pair :
A bearish movement occured on the pair NZD/USD who got out of the range 0.82/0.8250 from the bottom, giving us a sell signal.
Then, the pair has rebounded on the support at 0.87135 and is currently making a pullback on the resistance at 0.8180.
The pair is still moving into its bearish channel (purple lines).
Indicators are globaly bearish.
We continue to advise short positions as far as 0.82 is resistance.
The breakout of 0.8135 will give a new sell signal and open the way towards 0.8080.
In case of return above 0.82, we will be neutral between this level and 0.8250.
See the previous analysis of the NZD/USD pair of April 10th, 2012
NZD/USD Analysis
Title:
Technical analysis of the USD/CAD pair on April 11th, 2012
Commentary of the USD/CAD pair :
A strong bullish movement occured yesterday on the pair USD/CAD who got out of its short term bearish channel (purple lines) and also broke the resistance at 1.0020, giving us a new buy signal.
All indicators are bullish.
We continue to advise long positions as far as 0.9990 is support.
The breakout of 1.0050 will give a new buy signal and open the way towards 1.01.
In case of return below 0.9990, we will be neutral between this level and 0.9960.
The breakout of 0.9960 will give a sell signal.
See the previous analysis of the USD/CAD pair of April 10th, 2012
USD/CAD Analysis
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Technical analysis of the USD/JPY pair on April 9th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY made a pullback on the resistance at 82.50 last friday and then a strong bearish movement occured.
The breakout of 81.83 gave us a sell signal.
The pair is still moving into its bearish channel (purple line).
All indicators are bearish.
We continue to advise short positions as far as 82.21 is resistance.
The breakout of 81 will give a new sell signal and open the way towards 80.50.
In case of return above 82.21, we will be neutral between this level and 82.50.
The breakout of 82.50 will give a new buy signal.
See the previous analysis of the USD/JPY pair of April 6th, 2012
USD/JPY Analysis
Title:
Technical analysis of the USD/CAD pair on April 6th, 2012
Commentary of the USD/CAD pair :
0.9977 has finaly given resistance on the pair USD/CAD who broke the support at 0.9950, offering us a sell signal.
The breakout of of the next support at 0.9934 just occured, giving us a new sell signal.
Indicators are globaly bearish.
The pair seems to move into a short term bearish channel (purple lines).
We continue to advise short positions as far as 0.9177 is resistance.
The breakout of 0.9910 will give a new sell signal and open the way towards 0.9889.
In case of return above 0.9177, a buy signal will be given.
See the previous analysis of the USD/CAD pair of April 5th, 2012
USD/CAD Analysis
Title:
Technical analysis of the USD/JPY pair on April 5th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY made yesterday a pullback on its former bullish slant (purple line) and then a bearish movement occured.
The pair got back below the supprot at 82.50 and seems now to move into a bearish channel (black lines).
Indicators are mitigated.
We continue to advise long positions as far as 82.21 is support.
A return above 82.50 will comfort our bullish feeling.
The breakout of 83.20 will give a new buy signal and open the way towards 84.
In case of return below 82.21, we will be neutral between this level and 81.83.
The breakout of 81.83 will give a sell signal.
See the previous analysis of the USD/JPY pair of April 4th, 2012
USD/JPY Analysis
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Technical analysis of the GBP/USD pair on April 4th, 2012
Commentary of the GBP/USD pair :
A strong bearish movement occured on the pair GBP/USD who just broke the support at 1.59, giving us a sell signal.
The pair has also validated an exit of its bullish channel (purple lines).
All indicators are bearish.
We now advise to trade only short positions as far as 1.5950 is resistance.
The breakout of 1.5850 will give a new sell signal and open the way towards 1.58.
In case of return above 1.5950, a buy signal will be given.
See the previous analysis of the GBP/USD pair of April 3rd, 2012
GBP/USD Analysis
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Technical analysis of the USD/CHF pair on April 4th, 2012
Commentary of the USD/CHF pair :
A strong bullish movement finaly occured on the pair USD/CHF who was moving since several days on the support at 0.9024.
All indicators are bullish.
The pair got back above the resistance at 0.9085.
We are neutral between this level and 0.9164.
We advise to wait an exit of this range to take position:
- Long above 0.9164. The breakout of 0.9216 will give a new buy signal
- Short below 0.9085. The breakout of 0.9024 will give a new sell signal.
See the previous analysis of the USD/CHF pair of April 3rd, 2012
USD/CHF Analysis
Title:
Technical analysis of the USD/JPY pair on April 4th, 2012
Commentary of the USD/JPY pair :
A strong bullish movement occured on the pair USD/JPY who broke the resistance at 82.50, giving us a buy signal.
Indicators are mitigated.
The pair is currently moving on its former bullish slant (purple line).
We continue to advise long positions as far as 82.21 is support.
The breakout of 83.20 will give a new buy signal and open the way towards 84.
In case of return below 82.21, we will be neutral between this level and 81.83.
The breakout of 81.83 will give a sell signal.
See the previous analysis of the USD/JPY pair of April 3rd, 2012
USD/JPY Analysis
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