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Sell Signal Will BeTitle:
Technical analysis of the AUD/USD parity on May 25th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD made yesterday a pullback on 0.98 as resistance.
The pair is still moving below the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 0.9850 is resistance.
The breakout of 0.97 will give a new sell signal and open the way towards 0.96.
In case of return above 0.9850, we will wait the breakout of 0.9950 to advise long positons.
See the previous analysis of the AUD/USD parity of May 24th, 2012
AUD/USD Analysis
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Technical analysis of the EUR/JPY pair on May 25th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY is still moving around 100.
All indicators are bearish.
The pair is moving below the lower band of its bearish channel (purple lines).
We continue to advise short positions as far as 101 is resistance.
The breakout of 100 will give a new sell signal and open the way towards 99.50 and 99.
In case of return above 101, we will wait the breakout of 102 to advise long positions.
See the previous analysis of the EUR/JPY pair of May 24th, 2012
EUR/JPY Analysis
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Technical analysis of the EUR/USD pair on May 25th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD made a pullback yesterday on the resistance at 1.26 and is currently moving between this level and the support at 1.25.
The pair is still moving below a paralell of its bearish channel (lows of March 14th).
All indicators are bearish.
We continue to advise short positions as far as 1.2650 is resistance.
The breakout of 1.25 will give a new sell signal and open the way towards 1.2450.
In case of return above 1.2650, we will then wait the breakout of 1.2750 to advise long positions.
See the previous analysis of the EUR/USD pair of May 24th, 2012
EUR/USD Analysis
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Technical analysis of the GBP/JPY pair on May 25th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY is moving just below the resistance at 125.
All indicators are bearish.
The pair continues to move below the slants of its falling wedge (purple line).
We continue to advise short positions as far as 126.50 is resistance.
The breakout of 124 will give a new sell signal and open the way towards 123.
In case of return above 126.50, we will be neutral between this level and 127.
The breakout of 127 will give a new buy signal.
See the previous analysis of the GBP/JPY pair of May 24th, 2012
GBP/JPY Analysis
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Technical analysis of the GBP/USD pair on May 25th, 2012
Commentary of the GBP/USD pair :
The pair GBP/USD has continued its bearish movement and is currently testing the support at 1.5650.
All indicaotrs are bearish.
We continue to advise short positions as far as 1.58 is resistance.
The breakout of 1.5650 will give a new sell signal and open the week towards 1.56.
In case of return above 1.58, we will be neutral between this level and 1.550.
The breakout of 1.5850 will give a buy signal.
See the previous analysis of the GBP/USD pair of May 24th, 2012
GBP/USD Analysis
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Technical analysis of the NZD/USD pair on May 25th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD continues to move below the resistance at 0.7550.
All indicators are bearish.
The pair is currently testing its bearish slant (purple line).
We continue to advise short positions as far as 0.7665 is resistance.
The breakout of 0.74 will give a new sell signal and open the way towards 0.73.
In case of return above 0.7665, we will be neutral between this level and 0.77.
The breakout of 0.77 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 24th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CAD pair on May 25th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD made yesterday a pullback on the support at 1.0230 and is currently testing the resistance at 1.03.
All indicators are bullish.
The pair is currently moving on the upper band of its bullish channel (black lines).
We continue to advise long positions as far as 1.0150 is support.
The breakout of 1.03 will give a new buy signal and will open the way towards 1.0350.
In case of return below 1.0150, we will be neutral between this level and 1.01.
The breakout of 1.01 will give a sell signal.
See the previous analysis of the USD/CAD pair of May 24th, 2012
USD/CAD Analysis
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Technical analysis of the USD/JPY pair on May 25th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY made a small correction yesterday and is currently testing the resistance at 79.65.
Indicators are globaly bullish.
The pair is currently moving below a bearish slant (black line) and is moving above a bearish slant (purple line who act as support).
We continue to advise short positions as far as 80.09 is resistance.
A return below 79.26 will comfort our bearish feeling.
The breakout of 79 will give a new sell signal and open the way towards 78.50 and 78.
In case of return above 80.09, a buy signal will be given.
See the previous analysis of the USD/JPY pair of May 24th, 2012
USD/JPY Analysis
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GBP/JPY Daily technical analysis - May 2012
The pair GBP/JPY has broken during May the support at 128.43 (level 50% of fibonacci retracements) leading to a bearish acceleration. The breakout of 125.69 (level 38.20%) just indicated a return of the bearish trend.
The trend will remain bearish as far as 128.43 is resistance. The breakout of 122.31 (level 23.60) will give a new sell signal and open the way towards 120. The next support is at 116.83 (level 0%).
In case of return above 128.43, the trend will be neutral between this level and 131.17 (level 61.80%). This last level match roughly with the level of the long term bearish slant. The breakout of this level will indicate a return of the bullish trend. We will then target the resistance at 134.28.
Previous GBP/JPY Daily Analysis - April 2012
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