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Commentary Of The Eur/usd ParityTitle:
Technical analysis of the EUR/USD parity on August 19th, 2010
Commentary of the EUR/USD parity :
The parity is currently testing 1.28. Indicators are globaly bearish. We maintain to trade only short positions as far as 1.29 is resistance. A return below 1.28 will comfort our bearish feeling. The breakout of 1.2750 and 1.27 will both give new sell signals. However, the breakout of 1.29 will give a buy signal.
See the previous analysis of the EUR/USD parity of August 18th, 2010
Title:
Technical analysis of the EUR/USD parity on August 18th, 2010
Commentary of the EUR/USD parity :
The parity just reached the resistance at 1.29. Indicators stay globaly bearish. We maintain to trade only short positions as far as the price is below 1.29. A return below 1.28 will comfort our bearish feeling. The breakout of 1.2750 and 1.27 will both give new sell signals. However, if 1.29 is broken, a buy signal will be given and the price should reach the next resistance at 1.30.
See the previous analysis of the EUR/USD parity of August 17th, 2010
Title:
Technical analysis of the EUR/USD parity on August 17th, 2010
Commentary of the EUR/USD parity :
The parity just found support on 1.2750. The price is currently testing the resistance at 1.2850. Indicators stay globaly bearish. We maintain to trade only short positions as far as the price is below the resistance at 1.29. A return below 1.28 will comfort our bearish feeling. The breakout of of 1.2750 and 1.27 will both give new sell signals.
See the previous analysis of the EUR/USD parity of August 16th, 2010
Title:
Technical analysis of the EUR/USD parity on August 16th, 2010
Commentary of the EUR/USD parity :
The parity made a strong bearish rallye after the exit of its bullish channel. The price is currently testing a rebound on 1.2750. All indicators are bearish. The rebound could pursuit towards 1.2850/1.29 but we advise to trade only short positions as far as the price is below these levels. The breakout of 1.2750 and 1.27 will both give new sell signals.
See the previous analysis of the EUR/USD parity of July 28th, 2010
Title:
Technical analysis of the EUR/USD parity on July 29th, 2010
Commentary of the EUR/USD parity :
We maintain our last analysis : 'The parity continues to test the resistance at 1.30. In extension, the price don't succeed to break 1.3050. The parity is still moving into its bullish channel. All indicators are bullish. We maintain to trade only long positions as far as the price is above 1.2890. The breakout of 1.30 will give a new buy signal.'
See the previous analysis of the EUR/USD parity of July 28th, 2010
Title:
Technical analysis of the EUR/USD parity on July 28th, 2010
Commentary of the EUR/USD parity :
The parity continues to test the resistance at 1.30. In extension, the price don't succeed to break 1.3050. The parity is still moving into its bullish channel. All indicators are bullish. We maintain to trade only long positions as far as the price is above 1.2890. The breakout of 1.30 will give a new buy signal.
See the previous analysis of the EUR/USD parity of July 27th, 2010
Title:
Technical analysis of the EUR/USD parity on July 27th, 2010
Commentary of the EUR/USD parity :
The parity is currently testing the resistance at 1.30 after a rebound on 1.29. All indicators are bullish. We maintain to trade only long positions as far as the price is above 1.2890. The breakout of 1.30 will give a new buy signal.
See the previous analysis of the EUR/USD parity of July 26th, 2010
Title:
Technical analysis of the EUR/USD parity on July 26th, 2010
Commentary of the EUR/USD parity :
The parity used again the lower band of its bullish channel to rebound. At its lowest, the price found support on 1.28. Currently, the parity is testing again the resistance at 1.29. All indicators are bullish. We maintain to trade only long positions as far as the price is above 1.2850. The breakout of 1.30 will give a new buy signal.
See the previous analysis of the EUR/USD parity of July 23th, 2010
Title:
Technical analysis of the EUR/USD parity on July 23th, 2010
Commentary of the EUR/USD parity :
The parity perfectly rebounded on the lower band of its bullish channel. The return above 1.28 allowed us to trade again long positions. All indicators are getting bullish. The price is currently testing a breakout of 1.29. We maintain to trade only long positions as far as the price is above 1.2850. The breakout of 1.30 will give a new buy signal.
See the previous analysis of the EUR/USD parity of July 22th, 2010
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