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Sell Signal Will BeTitle:
Technical analysis of the AUD/USD parity on May 21th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support on 0.98 last friday.
The pair continues to move on the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 0.9950 is resistance.
The breakout of 0.98 will give a new sell signal and open the way towards 0.97.
In case of return above 0.9950, we will wait the breakout of 1.0 to advise long positons.
See the previous analysis of the AUD/USD parity of May 18th, 2012
AUD/USD Analysis
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Technical analysis of the EUR/CHF pair on May 21th, 2012
Commentary of the EUR/CHF pair:
The pair EUR/CHF continues to move below the minor resistance at 1.2030 without volatility.
All indicators are neutral.
The pair seems to move below a bearish slant (purple line).
We continue to advise short positions as far as 1.2030 is resistance.
The breakout of 1.2010 will give a new sell signal and open the way towards 1.20.
In case of return below 1.2030, we will wait the breakout of 1.2050 to advise long positions.
See the previous analysis of the EUR/CHF pair of May 18th, 2012
EUR/CHF Analysis
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Technical analysis of the EUR/GBP pair on May 21th, 2012
Commentary of the EUR/GBP pair:
The pair EUR/GBP has validated on friday a return above 0.8050.
The pair is still moving into a bearish channel (purple paralell lines).
We are neutral between 0.8050 and 0.81.
We advise to wait an exit of this range to take position:
- Long above 0.81. The breakout of 0.8150 will give a new buy signal.
- Short below 0.8050. The breakout of 0.80 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of May 18th, 2012
EUR/GBP Analysis
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Technical analysis of the EUR/JPY pair on May 21th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY just validated a return above 101 points.
The pair is still moving below the lower band of its bearish channel (purple lines).
All indicators are still bearish.
We continue to advise short positions as far as 102 is resistance.
A return below 101 below will comfort our bearish feeling.
The breakout of 100 will give a new sell signal and open the way towards 99.
In case of return above 102, we will wait the breakout of 103 to advise long positions.
See the previous analysis of the EUR/JPY pair of May 18th, 2012
EUR/JPY Analysis
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Technical analysis of the EUR/USD pair on May 21th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD has faked last friday the breakout of the support at 1.27 and is currently testin a pullback on 1.28.
The pair is still moving below the lower band of its bearish channel (purple line).
A paralell of this bearish channel is acting as resistance (pink line).
All indicators are still bearish.
We continue to advise short positions as far as 1.28 is resistance.
A return below 1.2750 will comfort our sell signal.
The breakout of 1.27 will give a new sell signal and open the way towards 1.2650 and 1.26.
In case of return above 1.28, we will then wait the breakout of 1.29 to advise long positions.
See the previous analysis of the EUR/USD pair of May 18th, 2012
EUR/USD Analysis
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Technical analysis of the GBP/JPY pair on May 21th, 2012
Commentary of the GBP/JPY pair :
The pair GBP/JPY is testing since last friday the support at 125.
The pair is moving below the lower band of its falling wedge (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 127 is resistance.
The breakout of 125 will give a new sell signal and open the way towards 124.
In case of return above 127, we will be neutral between this level and 128.
The breakout of 128 will give a new buy signal.
See the previous analysis of the GBP/JPY pair of May 18th, 2012
GBP/JPY Analysis
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Technical analysis of the GBP/USD pair on May 21th, 2012
Commentary of the GBP/USD pair :
The support at 1.5750 has allowed a rebound of the pair GBP/USD last friday.
Currently, the pair is testing a pullback on the resistance at 1.5823.
All indicators stay bearish.
We continue to advise short positions as far as 1.59 is resistance.
The breakout of 1.5750 will give a new sell signal and open the week towards 1.57 and 1.5650.
In case of return above 1.59, we will be neutral between this level and 1.60.
The breakout of 1.60 will give a buy signal.
See the previous analysis of the GBP/USD pair of May 18th, 2012
GBP/USD Analysis
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Technical analysis of the NZD/USD pair on May 21th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has opened on a small bullish gap but continues to move just above the support at 0.7550.
The pair is still moving below the lower band of its bearish channel (dotted purple lines).
The bearish movement seems to be lead by a bearish slant (purple line).
All indicators are bearish.
We continue to advise short positions as far as 0.77 is resistance.
The breakout of 0.7550 will give a new sell signal and open the way towards 0.75 and 0.7450
In case of return above 0.77, we will be neutral between this level and 0.78.
The breakout of 0.78 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 18th, 2012
NZD/USD Analysis
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Technical analysis of the USD/CAD pair on May 21th, 2012
Commentary of the USD/CAD pair :
1.0230 acted as resistance last friday on the pair USD/CAD.
The pair is moving just below this level and is taking support on the upper band of its bullish channel (black lines).
All indicators are bullish.
We continue to advise long positions as far as 1.01 is support.
The breakout of 1.0230 will give a new buy signal and will open the way towards 1.03.
In case of return below 1.01, we will be neutral between this level and 1.0050.
The breakout of 1.0050 will give a sell signal.
See the previous analysis of the USD/CAD pair of May 18th, 2012
USD/CAD Analysis
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