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Technical analysis of the AUD/USD parity on March 30th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made yesterday a pullback on 1.02 as support. The pair well rebounded and is currently testing a breakout of 1.03. All indicators are bullish. We maintain to trade only long positions as far as 1.02 is support. The breakout of 1.03 will give a new buy signal for a pursuit of the movement towards new historical highs (possible resistance at 1.04).
See the previous analysis of the AUD/USD parity of March 29th, 2011
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Technical analysis of the EUR/CHF pair on March 30th, 2011
Commentary of the EUR/CHF pair:
The pair EUR/CHF found support on 1.29 and then rebounded on it and now the pair is testing a breakout of 1.30. All indicators are bullish. We maintain to trade only long positions as far as 1.29 is support. The breakout of 1.30 will give a new buy signal for a pursuit of the movement towards 1.31.
See the previous analysis of the EUR/CHF pair of March 29th, 2011
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Technical analysis of the EUR/GBP pair on March 30th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move on the upper band of its bullish channel. The pair is currently testing a return below 0.88. Indicators stay globaly bullish. We maintain to trade only long positions as far as 0.8750 is support. A return above 0.88 will comfort our bullish feeling. The breakout of 0.8850 will give a new buy signal for a pursuit of the movement towards 0.89.
See the previous analysis of the EUR/GBP pair of March 29th, 2011
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Technical analysis of the EUR/JPY pair on March 30th, 2011
Commentary of the EUR/JPY pair :
The pair EUR/JPY validated yesterday a breakout of 116, giving us a new buy signal. The pair is currently testing the next resistance at 117 and also a breakout of the upper band of its bullish channel. All indicators are bullish. We maintain to trade only long positions as far as 116 is support. The breakout of 117 will give a new buy signal for a pursuit of the movement towards 118.
See the previous analysis of the EUR/JPY pair of March 29th, 2011
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Technical analysis of the NZD/USD pair on March 30th, 2011
Commentary of the GBP/USD pair :
The pair NZD/USD took up its bullish movement and the breakout of 0.7544 gave us a new buy signal. The pair is currently testing the next resistance at 0.76. We maintain to trade only long positions as far as 0.75 is support. The breakout of 0.76 will give a new buy signal for a pursuit of the movement towards 0.7665.
See the previous analysis of the GBP/USD pair of March 29th, 2011
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Technical analysis of the USD/CAD pair on March 30th, 2011
Commentary of the USD/CAD pair :
The pair USD/CAD broke the support at 0.9750, giving us a new sell signal and continues its bearish movement towards the next support at 0.9712. We maintain to trade only short positions as far as 0.9767 is resistance. The breakout of 0.9712 will give a new sell signal for a pursuit of the movement towards 0.9683.
See the previous analysis of the USD/CAD pair of March 29th, 2011
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Technical analysis of the EUR/GBP pair on March 29th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move on the upper band of its bullish channel. The pair just validated the breakout of the resistance at 0.88, offering a new buy signal but failed to pursuit its movement. All indicators are bullish. We maintain to trade only long positions as far as 0.8750 is support. The breakout of 0.8850 will give a new buy signal. The next resistance is at 0.89.
See the previous analysis of the EUR/GBP pair of March 28th, 2011
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Technical analysis of the USD/JPY pair on March 29th, 2011
Commentary of the USD/JPY pair :
The pair USD/JPY seems to not move anymore. We maintain to trade only long positions as far as 81.38 is support. The breakout of 82 will give a new buy signal for a pursuit of the movement towards 82.44. However, in case of return below 81.38, we will be neutral.
See the previous analysis of the USD/JPY pair of March 28th, 2011
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Technical analysis of the EUR/GBP pair on March 28th, 2011
Commentary of the EUR/GBP pair:
The pair EUR/GBP continues to move on the upper band of its bullish channel. The pair failed to break the resistance at 0.88. We maintain to trade only long positions as far as 0.8750 is support. The breakout of 0.88 will give a new buy signal for a pursuit of the movement towards 0.8850.
See the previous analysis of the EUR/GBP pair of March 25th, 2011
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