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Previous Analysis Of The Eur/gbpTitle:
Technical analysis of the EUR/GBP pair on December 14th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has validated yesterday the breakout of 0.8450, offering a new sell signal.
The pair is now going to test the next support at 0.84.
The pair continues to move below its bearish slant (purple line).
All indicators are bearish.
We maintain to trade only short positions as far as 0.85 is resistance.
The breakout of 0.84 will give a new sell signal and open the way towards 0.8350.
In case of return above 0.85, we will wait the breakout of 0.8550 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 13th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 13th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has validated yesterday the breakout of 0.85, offering a new sell signal.
The pair is currently testing the next support at 0.8450 and is now back below its bearish slant (purple line).
All indicators are bearish.
We maintain to trade only short positions as far as 0.8525 is resistance.
The breakout of 0.8450 will give a new sell signal and open the way towards 0.84.
In case of return above 0.8525, we will wait the breakout of 0.8550 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 12th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 12th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move above its bearish slant (purple line).
The pair is currently testing the resistance at 0.8550.
Indicators are globaly bearish.
We maintain to trade only short positions as far as 0.8575 is resistance.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.8575, we will wait the breakout of 0.86 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 9th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 9th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move above its bearish slant (purple line).
The pair has found support yesterday on 0.85 to make a pullback on 0.8550 as resistance.
All indicators are bearish.
We maintain to trade only short positions as far as 0.8575 is resistance.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.8575, we will wait the breakout of 0.86 to advise long positions.
See the previous analysis of the EUR/GBP pair of December th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 8th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has validated yesterday a return below 0.8550, comforting our bearish feeling.
The pair is currently making a pullback on this level as resistance and is still moving above its bearish slant.
All indicators are now bearish.
We maintain to trade only short positions as far as 0.86 is resistance.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.86, we will wait the breakout of 0.8650 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 7th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 7th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP again found support on 0.8550 and is testing 0.86 as resistance.
The pair is still moving above its bearish slant (purple line).
All indicators are getting bullish.
We maintain to trade only short positions as far as 0.86 is resistance.
A return below 0.8550 will comfort our bearish feeling.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.86, we will wait the breakout of 0.8650 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 6th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 6th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has failed to break the resistance at 0.86.
The pair then felt on 0.8550 and is currently testing this level.
The pair is still moving above its bearish slant.
All indicators are getting bearish.
We maintain to trade only short positions as far as 0.86 is resistance.
A return below 0.8550 will comfort our bearish feeling.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.86, we will wait the breakout of 0.8650 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 5th, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 5th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP has faked the breakout of the resistance at 0.86 last friday.
The pair is still moving above its bearish slant (purple line).
Indicators are globaly bullish.
We maintain to trade only short positions as far as 0.86 is resistance.
A return below 0.8550 will comfort our bearish feeling.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.86, we will wait the breakout of 0.8650 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 2nd, 2011
EUR/GBP Analysis
Title:
Technical analysis of the EUR/GBP pair on December 2nd, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move below its bearish slant (purple line).
The pair has found resistance on 0.86.
Indicators are now mitigated.
We maintain to trade only short positions as far as 0.86 is resistance.
A return below 0.8550 will comfort our bearish feeling.
The breakout of 0.85 will give a new sell signal and open the way towards 0.8450.
In case of return above 0.86, we will wait the breakout of 0.8650 to advise long positions.
See the previous analysis of the EUR/GBP pair of December 1st, 2011
EUR/GBP Analysis
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