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 March 23th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.04, offering a new sell signal.
The pair is currently moving into a bearish channel (purple lines) and just rebounded on the lower band.
AUD/USD is trying to make a return above 1.04.
All indicators are bearish.
We continue to advise short positions as far as 1.05 is resistance.
The breakout of 1.03 will give a new sell signal and open the way towards 1.02.
In case of return above 1.05, we will wait the breakout of 1.0550 to advise long positions.
See the previous analysis of the AUD/USD parity of March 22th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 22th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.05, offering a sell signal and is currently testing the support at 1.04.
The pair is currently moving below its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
All indicators are bearish.
We continue to advise short positions as far as 1.05 is resistance.
The breakout of 1.04 will give a new sell signal and open the way towards 1.03.
In case of return above 1.05, we will wait the breakout of 1.0550 to advise long positions.
See the previous analysis of the AUD/USD parity of March 21th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 21th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday a return below 1.0550, offering a sell signal.
The pair is currently moving on its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
Indicators are mitigated.
We now advise to trade the pair according to the key level 1.0550:
- Short positions below this level. The breakout of 1.05 will give a new sell signal and open the way towards 1.04.
- Long positions above this level. The breakout of 1.06 will give a new buy signal and open the way towards 1.07.
See the previous analysis of the AUD/USD parity of March 20th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 20th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has faked a return above 1.06.
The pair felt and is currently testing its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
Indicators are mitigated.
We are neutral between 1.0550 and 1.06.
We advise to wait an exit of this range to take position:
- Long above 1.06. The breakout of 1.0650 and 1.07 will both give a new buy signal
- Short below 1.0550. The breakout of 1.05 and 1.0450 will both give a sell signal.
See the previous analysis of the AUD/USD parity of March 19th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 19th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is currently testing a return above 1.06.
The pair is currently moving on its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
Indicators are globaly bullish.
We are neutral between 1.0550 and 1.06.
We advise to wait an exit of this range to take position:
- Long above 1.06. The breakout of 1.0650 and 1.07 will both give a new buy signal
- Short below 1.0550. The breakout of 1.05 and 1.0450 will both give a sell signal.
See the previous analysis of the AUD/USD parity of March 16th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 16th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD made yesterday a pullback on 1.0550 as resistance.
The pair is currently moving on its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
All indicators are bearish.
We continue to advise short positions as far as 1.0550 is resistance.
The breakout of 1.0450 will give a new sell signal and open the way towards 1.04.
In case if return above 1.0550, we will then advise to wait to breakout of 1.06 to advise long positions.
See the previous analysis of the AUD/USD parity of March 15th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 15th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.05, offering a new sell signal.
The pair has validated its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
All indicators are bearish.
We continue to advise short positions as far as 1.0550 is resistance.
The breakout of 1.0450 will give a new sell signal and open the way towards 1.04.
In case if return above 1.0550, we will then advise to wait to breakout of 1.06 to advise long positions.
See the previous analysis of the AUD/USD parity of March 14th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 14th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is still moving between the support at 1.05 and the resistance at 1.0550.
The pair continues to test the upper band of its previous descending triangle and also its long term slant (blue line).
All indicators are bearish.
We advise to trade the pair according the key level at 1.06:
- Only short positions below 1.06. The breakout of 1.05 will give a new sell signal and open the way towards 1.04
- Only long positions above 1.06. The breakout of 1.0650 will give a new buy signal and open the way towards 1.07.
See the previous analysis of the AUD/USD parity of March 13th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 13th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on 1.05 and is currently testing the resistance at 1.0550.
The pair is currently testing the upper band of its previous descending triangle.
All indicators are bearish.
We advise to trade the pair according the key level at 1.06:
- Only short positions below 1.06. The breakout of 1.05 will give a new sell signal and open the way towards 1.04
- Only long positions above 1.06. The breakout of 1.0650 will give a new buy signal and open the way towards 1.07.
See the previous analysis of the AUD/USD parity of March 12th, 2012
AUD/USD Analysis
|
