ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Nzd/usd Parity Of JulyTitle:
Technical analysis of the NZD/USD parity on July 29th, 2010
Commentary of the NZD/USD parity :
The parity broke its bullish slant and 0.72 acted as support. So, we are now neutral on the parity between 0.72 and 0.73. We advise to wait a breakout of one of these two bands to take position:
- Long if 0.73 is broken
- Short if 0.72 is broken
See the previous analysis of the NZD/USD parity of July 28th, 2010
Title:
Technical analysis of the NZD/USD parity on July 28th, 2010
Commentary of the NZD/USD parity :
The parity is currently testing a pullback on the support at 0.73 and also on its bullish slant. We maintain to trade only long positions as far as the slant is support. If the slant is broken, only the breakout of 0.7243 will allow us to trade short positions.
See the previous analysis of the NZD/USD parity of July 27th, 2010
Title:
Technical analysis of the NZD/USD parity on July 27th, 2010
Commentary of the NZD/USD parity :
The parity continues its bullish movement. The breakout of 0.73 gave us a new buy signal. The next resistance is at 0.7350. The breakout of this level will give another buy signal. We maintain to trade only long positions as far as the bullish slant is support. If the slant is broken, only the breakout of 0.7243 will allow us to trade short positions.
See the previous analysis of the NZD/USD parity of July 26th, 2010
Title:
Technical analysis of the NZD/USD parity on July 26th, 2010
Commentary of the NZD/USD parity :
The parity continues its bullish movement by taking support on its bullish slant. Currently, the parity is testing a breakout of the resistance at 0.73. If this level is broken, a new buy signal will be given. We maintain to trade only long positions as far as the slant is support. Only the breakout of 0.7243 will allow us to trade short positions.
See the previous analysis of the NZD/USD parity of July 23th, 2010
Title:
Technical analysis of the NZD/USD parity on July 23th, 2010
Commentary of the NZD/USD parity :
The parity continues its bullish movement and should shortly test the resistance at 0.73. The breakout of this level will give a new buy signal. A bullish slant seems to give support to the parity. We maintain to trade only long positions as far as it is the case. However, if the slant is broken, a sell signal will be given.
See the previous analysis of the NZD/USD parity of July 22th, 2010
Title:
Technical analysis of the NZD/USD parity on July 22th, 2010
Commentary of the NZD/USD parity :
The parity got back below 0.7157 which is now resistance. This level is our key point. Above it, we advise to trade only long positions. The breakout of 0.72 will give a new buy signal. However, below this level, we advise to trade only short positions. The breakout of 0.71 will give a new sell signal.
See the previous analysis of the NZD/USD parity of July 21th, 2010
Title:
Technical analysis of the NZD/USD parity on July 21th, 2010
Commentary of the NZD/USD parity :
The movement finaly pursuit and the breakout of 0.7157 gave us a buy signal. We advise to trade only long positions as far as this level is support. If this level is broken, we could trade again short positions. So 0.7157 is our key level.
See the previous analysis of the NZD/USD parity of July 20th, 2010
Title:
Technical analysis of the NZD/USD parity on July 20th, 2010
Commentary of the NZD/USD parity :
The parity is currently testing a pullback on its former bullish slant. We maintain to trade only short positions as far as 0.7157 is resistance. The break out of 0.7034 will give a new sell signal. However, if 0.7157 is broken, we could trade again long positions.
See the previous analysis of the NZD/USD parity of July 19th, 2010
Title:
Technical analysis of the NZD/USD parity on July 19th, 2010
Commentary of the NZD/USD parity :
The parity opened on a bearish gap which is currently fulfilled. The bullish slant has been broken, giving us a sell signal. Even if a pullback on the slant is possible, we now advise to trade only short positions as far as 0.7157 is resistance. The break out of 0.70 will give a new sell signal.
See the previous analysis of the NZD/USD parity of July 15th, 2010
|