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Commentary Of The Aud/usd ParityTitle:
Technical analysis of the AUD/USD parity on March 9th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday a return above 1.06 and is currently testing the resistance at 1.0650.
The pair is still moving above the upper band of its former ascending triangle (see last analysis).
All indicators are still bearish.
We continue to advise short positions as far as 1.0650 is resistance.
A return below 1.06 will comfort our bearish feeling.
The breakout of 1.05 will give a new sell signal and open the way towards 1.04.
In case of return above 1.0650, we will wait the breakout of 1.07 to advise long positions.
See the previous analysis of the AUD/USD parity of March 8th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 8th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on the upper band of its former descending triangle (cf previous analysis).
The pair is currently testing a return above 11.06.
All indicators are still bearish.
We continue to advise 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 above 1.0650, we will wait the breakout of 1.07 to advise long positions.
See the previous analysis of the AUD/USD parity of March 7th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 7th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.06, offering a sell signal.
The pair is currently moving on the upper band of its former ascending triangle (see previous analysis).
All indicators are bearish.
We continue to advise 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 above 1.0650, we will wait the breakout of 1.07 to advise long positions.
See the previous analysis of the AUD/USD parity of March 6th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 6th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.07, offering a sell signal.
The pair is now going to test the next support at 1.06.
Indicators are globaly bearish.
We now advise to trade the pair according to key level at 1.07:
- Long above 1.07. The breakout of 1.08 will give a new buy signal
- Short below 1.07. The breakout of 1.06 will give a new sell signal.
See the previous analysis of the AUD/USD parity of March 5th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 5th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is falling since friday.
The pair is currently testing the breakout of 1.07 that will offer a new sell signal.
Indicators are globaly bearish.
We now advise to trade the pair according to key level at 1.07:
- Long above 1.07. The breakout of 1.08 will give a new buy signal
- Short below 1.07. The breakout of 1.06 will give a new sell signal.
See the previous analysis of the AUD/USD parity of March 2nd, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 2nd, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has faked again the breakout of 1.08.
The pair continues to move around the lower band of its former rising wedge.
Indicators are globaly bullish.
We continue to advise long positions as far as 1.0725 is support.
A return above 1.08 will comfort our bullish feeling.
The breakout of 1.0850 will give a new buy signal and open the way towards 1.09.
In case of return below 1.0725, we will wait the breakout of 1.07 to advise short positions.
See the previous analysis of the AUD/USD parity of March 1st, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 1st, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has faked yesterday the breakout of 1.08 and reached in extension 1.0850.
The pair continues to move around the lower band of its former rising wedge.
Indicators are mitigated.
We continue to advise long positions as far as 1.0725 is support.
The breakout of 1.0850 will give a new buy signal and open the way towards 1.09.
In case of return below 1.0725, we will wait the breakout of 1.07 to advise short positions.
See the previous analysis of the AUD/USD parity of February 29th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on February 29th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD made a pullback yesterday on the lower band of its former rising wedge.
The pair has just validated the breakout of 1.08, offering a new buy signal.
All indicators are bullish.
We continue to advise long positions as far as 1.0725 is support.
The breakout of 1.09 will give a new buy signal and open the way towards 1.0950.
In case of return below 1.0725, we will wait the breakout of 1.07 to advise short positions.
See the previous analysis of the AUD/USD parity of February 28th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on February 28th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday a return above 1.07, comforting our bullish feeling.
The pair continues to move on the lower band of its former rising wedge.
Indicators are globaly bullish.
We continue to advise long positions as far as 1.0650 is support.
The breakout of 1.08 will give a new buy signal and open the way towards 1.0850.
In case of return below 1.0650, we will wait the breakout of 1.06 to advise short positions.
See the previous analysis of the AUD/USD parity of February 27th, 2012
AUD/USD Analysis
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