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Analysis Of The Aud/usd ParityTitle:
Technical analysis of the AUD/USD parity on June 2nd, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made a pullback yesterday on 1.06 as support.
The pair is currently trying to rebound on 1.07.
Indicators are now mitigated.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take positions:
- Long if 1.07 is broken
- Short if 1.06 is broken.
See the previous analysis of the AUD/USD parity of June 1st, 2011
Title:
Technical analysis of the AUD/USD parity on June 1st, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made a pullback yesterday on 1.0650 is support and is currently testing the resistance at 1.0750.
All indicators are bullish.
We maintain to trade only long positions as far as 1.0650 is support.
The breakout of 1.08 will give a new buy signal.
However, if 1.0650 is broken, we will then wait the breakout of 1.06 to trade short positions.
See the previous analysis of the AUD/USD parity of May 31th, 2011
Title:
Technical analysis of the AUD/USD parity on May 31th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated the breakout of 1.07, offering a buy signal.
The pair is currently making a pullback on 1.07 as support.
All indicators are bullish.
We maintain to trade only long positions as far as 1.0650 is support.
The breakout of 1.08 will give a new buy signal.
However, if 1.0650 is broken, we will wait the breakout of 1.06 to trade short positions.
See the previous analysis of the AUD/USD parity of May 30th, 2011
Title:
Technical analysis of the AUD/USD parity on May 30th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just faked a return above 1.07.
All indicatores are bullish.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take position:
- Long if 1.07 is broken and the breakout of 1.08 will give a new buy signal.
- Short if 1.06 is broken and the breakout of 1.05 will give a new sell signal.
See the previous analysis of the AUD/USD parity of May 27th, 2011
Title:
Technical analysis of the AUD/USD parity on May 27th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just validated a return above its bullish slant.
The pair is currently testing the resistance at 1.07.
All indicators are bullish.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take position:
- Long if 1.07 is broken and the breakout of 1.08 will give a new buy signal.
- Short if 1.06 is broken and the breakout of 1.05 will give a new sell signal.
See the previous analysis of the AUD/USD parity of May 26th, 2011
Title:
Technical analysis of the AUD/USD parity on May 26th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD faked a breakout of 1.05 yesterday.
The paior is currently making a pullback towards its bearish slant.
Indicators are now mitigated.
We maintain to trade only short positions as far as 1.06 is resistance.
The breakout of 1.05 will give a new sell signal and open the way towards 1.04.
However, if 1.06 is broken, we will then advise to trade long positions.
See the previous analysis of the AUD/USD parity of May 25th, 2011
Title:
Technical analysis of the AUD/USD parity on May 25th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently testing the breakout of 1.05. The pair is still moving below its bearish slant. All indicators are bearish. We maintain to trade only short positions as far as 1.06 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. However, if 1.06 is broken, we will then advise to trade long positions.
See the previous analysis of the AUD/USD parity of May 24th, 2011
Title:
Technical analysis of the AUD/USD parity on May 24th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just found support on 1.05 and is currently trying to rebound towards 1.06. The pair is still moving below its bearsih slant. All indicators are bearish. We maintain to trade only short positions as far as 1.0650 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. In case of return just aboev 1.0650, we will then advise to wait a breakout of 1.07 to trade long positions.
See the previous analysis of the AUD/USD parity of May 23th, 2011
Title:
Technical analysis of the AUD/USD parity on May 23th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is now moving below a bearish slant. The pair found resistance on 1.07 before felt strongly. The pair is currently testing 1.06. Indicators are globaly bearish. We maintain to trade only short positions as far as 1.07 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. In case of return just aboev 1.07, we will then advise to trade long positions.
See the previous analysis of the AUD/USD parity of May 20th, 2011
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