Analyses Techniques XAU/USD (GOLD),

Gold made ​​Friday a rather erratic movement faking a breakout of 1300 points.

The course has rebounded sharply over the 1310 points to reach 1320 points (resistance) extension

The 1310 points is as an excellent key point to address short-term gold.

The course is now included in a short-term (new orange segments on the 1H chart) downtrend.

I would advise traders to treat or based on 1310 points:

- That Long positions (with purchase) above 1310 points.

The upward breaks in 1320/1330/1340 point would then offer new buy signals for an extension bullish.

- That Shorts positions (for sale) under 1310 points.

Dips breaks in 1300/1290/1280 point would then offer new sell signals for an extension of bearish movement.

Attention to the lines of the new short-term bearish channel (orange lines) which should serve as lines of resistance / support for correction.

Analyses Techniques EUR/JPY

The EUR / JPY has stumbled Friday on 132 points in strength and validated a break its short term bullish slant (pink segment on the 1H chart).

The pair has just approved this morning a break-down of 131 points (sell signal), but the medium-term bullish slant is currently support (blue line on the graphs).

I would advise traders to treat the EUR / JPY based on 131 points:

- That Shorts positions (for sale) under 131 points.

A break of 130.50 point then offer a new sell signal for a return on 130 points in medium or lower if this level is broken down.

- That Long positions (with purchase) above the 131 points.

A break of 131.50 point then provide a new buy sig

EUR / AUD: should still buy it after this rally?

The EUR / AUD has almost reached last night extended the following major resistance at 1.50.
The course is back to 1.49 this morning in support and just validate a breakout of its short term bullish slant (blue segment on the 1H chart).

I would advise traders to trade only Long positions (for purchase) on the EUR / AUD as the course above 1.48.
Maintaining the current above 1.49 consolidate the bullish sentiment.
A break 1.50 then offer a new buy signal for an extension bullish towards 1.51 or higher, if this level is broken up.

In case of return of the course in 1.48 then I advise traders to wait for a breakout of 1.47 before entering / not to treat more than Shorts positions (for sale) on the EUR / AUD.

NB: traders whose trading strategy is more aggressive will set treat the EUR / AUD 1.49 according to treat the fracture of short term bullish slant:
- That Long positions above 1.49.
- That Shorts positions under 1.49
(and thus can consider getting / not to treat the Shorts positions from the breakout of 1.49 but not before)

AUD / JPY: output medium term bearish channel!

The / pair AUD JPY plunged Friday under the 88.50 point offering a sell signal.
The course is back this morning on 87.50 points support (lower level formed on August 1st).
The pair is also back in the short term bearish slant (blue line on the 1 hour chart), but still above the resistance line (now support) from its previous average term bearish channel (pink lines on the graphs).

I would advise traders to trade only Shorts positions (for sale) on / AUD JPY as the course will be located under the 88.50 points.
Maintaining the current under 88 points consolidate this bearish sentiment.
A break of 87.50 point then offer a new sell signal for an extension of the downward movement in the direction of 87 points or lower if this level is broken down.
Under 87 points attention to the resistance line of the previous medium term bearish channel (pink lines) that could still support and help during bouncing directly above 87 points.

In case of return over the course of 88.50 point then I advise traders to wait for a breakout of 89 points (the highest trained early August) before entering / no longer be treated as Long positions (in purchase) on the AUD / JPY pair.

AUD / USD: end of bear rally?

The AUD / USD has validated a break of Friday's short-term bearish slant (brown line on the 1H chart).
The course has made ​​this night a pullback on this oblique support and tent this morning back above 0.89.
The pair is still moving on the line resistance (in support) of its average term bearish channel (orange lines on the graphs).

I would advise traders to trade only Shorts positions (for sale) on the AUD / USD as the course will be located under 0.8950.
A return of the course in 0.89 consolidate this bearish sentiment.
A break of 0.8850 then offer a new sell signal for an extension of the downtrend towards 0.88 or lower if this level is broken down.

In case of return above 0.8950 over then I advise traders to wait for a breakout of 0.90 before entering / no longer be treated as Long positions (for purchase) on the AUD / USD.

EUR / USD: The rally turns into uptrend

The EUR / USD continues to evolve on the support line of its previous medium term bullish channel (pink lines on the graphs).
In the medium term, the movement is led by a bullish slant (brown segment of the graphics).
In the shorter term, the EUR / USD pair falls within an enlargement figure down at right angles (purple segments on the charts).
During the tests this morning 1.33 resistance (line level of resistance of the short-term enlargement figure).

I would advise traders to trade only Long positions (for purchase) on EUR / USD as the course will be located above 1.3250.
Maintaining the current above its medium term bullish slant (brown segment) will strengthen the bullish sentiment.
A break of 1.33 (out of enlargement figure) then offer to buy a new signal for a return during the earlier formed July 31 to 1.3350 or higher, if this level is broken on the rise.

In case of return below 1.3250 over then I advise traders to wait for a breakout of 1.32 before entering / not to treat more than Shorts positions (for sale) on the EUR / USD pair.

NB: traders whose trading strategy is more aggressive will set to treat EUR / USD 1.3250 according to:
- That Long positions above 1.3250.
- That Shorts positions under 1.3250.
(and may therefore consider entering Short / no longer treat the Shorts positions from the breakout of 1.3250 but not before)

CAD/JPY : 95, niveau clé pour la tendance moyen terme

After a brief return above 96 points, the pair plunged sharply last Friday. Return within 96 gave us the sell signal. This morning, the pair USD / JPY has just validated the breakout of the major support at 95 points, a key level for the medium term trend. This level corresponds to the line of stroke of a figure head and shoulders (ellipses on h4 chart).

We continue to advise short positions (selling) as 95.50 is resistance. The break of 94.50 will give a new sell signal and the course should then continue its movement towards 93.72.

In case of return above 95.50, we advise you to stay flat (neutral) between this level and 96.

GBP / USD: We must save the Queen!

Last Friday, a strong rebound is reached on the GBP / USD, bringing the ongoing resistance 1.53. The Queen (British pound) is currently still not saved. This would require a validated over 1.53 return, which would boost the uptrend background initiated since the beginning of July.

We are neutral for the time between 1.5237 and 1.53. We advise to wait an exit of this range to take position:

- Long (buy) in case of breakage of 1.53. We can then target a test 1.5417.

- Short (sale) in case of return below 1.5237. The 1.5138 support should then be tested again.

ps: Traders with a more aggressive strategy can treat the pair according to 1.5250 (long over; Short below).

NZD / USD: Output average term bullish channel

At the very end of trading session on Friday, the USD NZD / broke the support at 0.7854, giving us a new sell signal. At the opening on Sunday, the pair opened a major bearish gap that is about to be filled. This could lead to a pullback on 0.7854 before a resumption of the downtrend. In the short term, the price is now moving under the lower limit of its bearish channel (blue lines).

We continue to advise short positions (selling) as 0.7854 is resistance. A return under 0.7786 will give a new sell signal. The course will then continue its movement towards 0.7750 then the major support at 0.77 (gathering all the lowest annual).

In case of return above 0.7850, we advise you to stay flat (neutral) between this level and 0.7910.

ps: Traders with a more aggressive strategy can treat the pair according to 0.7854 (Long above; Short below).

USD / CAD: Testing a major resistance!

After making a pullback on 1.0254 and the upper limit of its medium term bearish channel former (black dashed lines), the USD / CAD pair embarked on a rally. The currently testing a major resistance 1.0363. This is a key level for the medium term trend.

We recommend treating the pair according to this level:

- Long (buy) above 1.0363. We can then target 1.04 and 1.0439 in extension

- Short (sell) below 1.0363. A look back at 1.03 and then the 1.0254 support are the primary objectives.