ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Aud/usd Parity The ParityTitle:
Technical analysis of the AUD/USD parity on May 15th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has continued its bearish movement and the breakout of the support at 1.0 gave us a new sell signal.
Currently, the pair is testing a pullback on this leve.
All indicators are bearish.
The pair continues to move into its bearish channel (purple lines) and seems to move into a falling wedge (reversal pattern).
We continue to advise short positions as far as 1.01 is resistance.
The breakout of 0.99 will give a new sell signal and open the way towards 0.98.
In case of return above 1.01, we will wait the breakout of 1.0150 to advise long positons.
See the previous analysis of the AUD/USD parity of May 14th, 2012
AUD/USD Analysis
Title:
Greece continues to drive market; Investors bearish as risk-aversion rises
What’s new:
Global Markets: Asian markets up after China cuts RRR
China: People’s Bank of China cuts Required Reserve Ratios by 50 basis points
Spain: More than €30 bln to clear real estate exposure from Spanish Banks
Forex: AUD/USD hits a 5-month low at 0.9999
Forex: EUR/USD dips down to 4-month low at 1.2878
Forex rates in Asia and Indices:
Low High Change
EUR/USD 1.2879 1.2905 -0.20 %
USD/CHF 0.9309 0.9326 -0.21 %
GBP/USD 1.6054 1.6079 -0.03 %
USD/JPY 79.89 80.13 -0.12 %
EUR/CHF 1.2009 1.2014 -0.00 %
EUR/JPY 102.99 103.37 0.08 %
Dow Jones 12779.28 12918.01 -0.26 %
Nasdaq 2604.99 2643.22 -0.00 %
S&P 500 1348.89 1365.66 -0.33 %
Nikkei 225 ...
Title:
Technical analysis of the AUD/USD parity on May 14th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD continues its bearish movement and is currently testing the support at 1.0.
The pair is still moving into its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 1.0125 is resistance.
The breakout of 1.00 will give a new sell signal and open the way towards 0.99.
In case of return above 1.0125, we will wait the breakout of 1.0223 to advise long positons.
See the previous analysis of the AUD/USD parity of May 11th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on May 10th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has faked yesterday an exit of its bearish channel (purple lines) and also a return above 1.01.
The pair is currently falling and is trying a breakout of 1.0050.
All indicators are bearish.
We continue to advise short positions as far as 1.0150 is resistance.
The breakout of 1.0050 will give a new sell signal and open the way towards 1.0.
In case of return above 1.0150, we will wait the breakout of 1.02 to advise long positons.
See the previous analysis of the AUD/USD parity of May 11th, 2012
AUD/USD Analysis
Title:
USD Softer as Sentiment Stabilizes
USD Softer as Sentiment Stabilizes
USD is mostly softer as sentiment stabilizes and amid slightly weaker US economic data. Weekly initial jobless claims dropped by 1k to 367k (cons. 368k) from an upwardly revised 368k (prior 365k). The 4-week moving average in initial claims fell for the first time in 5 weeks with a drop of -5.3k indicating marginal improvement in labor. The March trade balance showed a wider than expected deficit of -$51.8B (cons. -50.0B, prior -45.4B) as imports jumped 5.2% – the largest increase in over a year. European bourses are currently trading in positive territory, US stock futures are suggesting upside at the open, and UST yields are higher across the curve indicating a better risk environment today. The dollar index is lower and testing the 80.00 figure as ...
Title:
Technical analysis of the AUD/USD parity on May 10th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on 1.0050 and just made a pullback on the upper band of its bearish channel (purple lines).
The pair is currently trying to make a return above 1.01.
All indicators are still bearish.
We continue to advise short positions as far as 1.0150 is resistance.
A return below 1.01 will comfort our bearish feeling.
The breakout of 1.0050 will give a new sell signal and open the way towards 1.0.
In case of return above 1.0150, we will wait the breakout of 1.02 to advise long positons.
See the previous analysis of the AUD/USD parity of May 9th, 2012
AUD/USD Analysis
Title:
Risk Aversion Boosts the USD, JPY
USD trading broadly higher (except against the JPY) as the Greek political impasse is raises concerns and increases risk aversion. The IMF remained firm saying that Greece must deliver necessary economic reforms and that it is not acceptable for the country to seek laxer loan terms. German officials are speaking out as well calling the latest developments ‘very worrying' and saying that Greeks must decide whether or not they want to stay in the euro. It is another light day for economic data in the US with weekly mortgage applications rising by +1.7% and March wholesale inventories due out at 1000ET. UST yields continues their descent across the curve with the 10-year yield falling below the 1.80% level as a result of both increased risk aversion and increased speculation of QE3. The ...
Title:
Greece retains focus; Aussie continues to weaken
Forex Morning Briefing : Greece retains focus; Aussie continues to weaken
What’s new:
Asia: Asian and US equities remain in negative territory
Greece: Still unable to form a coalition government
Spain: Government expected to unveil banks’ plans on Friday
Forex: AUD/USD approaching parity, fresh 2012 lows
Forex: JPY still attracting support as carry trades unwind
Rates in Asia and Indices:
EUR/USD 1.2965 1.3008 -0.15 %
USD/CHF 0.9234 0.9263 -0.15 %
GBP/USD 1.6129 1.6163 -0.13 %
USD/JPY 79.72 79.94 0.10 %
EUR/CHF 1.2010 1.2013 0.00 %
EUR/JPY 103.4 103.94 0.27 %
Dow Jones 12810.39 13000.73 -0.58 %
Nasdaq 2587.53 ...
Title:
Technical analysis of the AUD/USD parity on May 9th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated the breakout of 1.0150 and 1.01, offering both a new sell signal.
The pair is now back into its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 1.0150 is resistance.
The breakout of 1.0050 will give a new sell signal and open the way towards 1.0.
In case of return above 1.0150, we will wait the breakout of 1.02 to advise long positons.
See the previous analysis of the AUD/USD parity of May 8th, 2012
AUD/USD Analysis
|