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Parity A CorrectionTitle:
Technical analysis of the EUR/JPY parity on August 26th, 2010
Commentary of the EUR/JPY parity :
The parity finaly continued its correction towards the resistance at 108. Indicators are now mixed. We stay neutral between 107 and 108 and we will wait an exit of this range to take position:
- Short if 107 is broken
- Long if 108 is broken
See the previous analysis of the EUR/JPY parity of August 25th, 2010
Title:
Technical analysis of the GBP/USD parity on August 26th, 2010
Commentary of the GBP/USD parity :
The parity didn't succeed to break the support at 1.54 and then a correction occured. 1.5462 has been broken and so we were neutral on the parity. Currently, the parity is testing the next resistance at 1.5550. A return below this level will allow us to trade short positions again. However, between 1.5550 and 1.5650, we are neutral.
See the previous analysis of the GBP/USD parity of August 25th, 2010
Title:
Technical analysis of the NZD/USD parity on August 26th, 2010
Commentary of the NZD/USD parity :
A new lowest has been made on 0.6950 but then a correction occured. Currently, the parity is testing the resistance at 0.7024. We maintain to trade only short positions as far as 0.7050 is resistance. A return below 0.7024 will indicate a take up of the bearish movement. However, if 0.7050 is broken, we will be neutral on the parity between 0.7050 and 0.7095.
See the previous analysis of the NZD/USD parity of August 25th, 2010
Title:
Technical analysis of the USD/CAD parity on August 26th, 2010
Commentary of the USD/CAD parity :
The parity touched the resistance at 1.0670 and that lead to a correction. Currently, the parity is testing the support at 1.0568. We maintain to trade only long positions as far as this level is support. However, if the price get back below this level, we will be neutral on the parity.
See the previous analysis of the USD/CAD parity of August 25th, 2010
Title:
Technical analysis of the USD/JPY parity on August 26th, 2010
Commentary of the USD/JPY parity :
84 has not been broken and the parity is currently making a correction. However, we maintain to trade only short positions as far as 84.93 is resistance. However, if an exit of the channel occur, a buy signal will be given and we will then advise to trade only long positions as far as 84.93 will be support.
See the previous analysis of the USD/JPY parity of August 25th, 2010
Title:
Technical analysis of the GBP/USD parity on August 23th, 2010
Commentary of the GBP/USD parity :
The breakout of 1.5550 allowed the parity to reach the next support at 1.5462 but the parity is currently making a correction. However, we maintain to trade only short positions as far as 1.5650 is resistance. A return below 1.5550 will confirm the take up of the bearish movement. However, if 1.5650 is broken, a buy signal will be given.
See the previous analysis of the GBP/USD parity of August 20th, 2010
Title:
Technical analysis of the NZD/USD parity on August 19th, 2010
Commentary of the NZD/USD parity :
The bearish divergence didn't worked and the parity tested the level 38.20% at 0.7166. The breakout of this level will give a new buy signal. Then, a correction occured. We maintain to trade only long positions as far as the level 50% at 0.7095 is support. However, if a return below 0.7095 occur, we could trade again short positions.
See the previous analysis of the NZD/USD parity of August 18th, 2010
Title:
Technical analysis of the XAU/USD (Gold) parity on July 29th, 2010
Commentary of the XAU/USD parity:
The parity found support on 1160 and the price is currently making a rebound of correction. Indicators are globaly bearish. We maintain to trade only short positions as far as 1170 is resistance. The breakout of 1160 will give a new sell signal. As far as 1160 is support, a pullback on 1180 is possible.
See the previous analysis of the XAU/USD parity of July 28th, 2010
Title:
Technical analysis of the GBP/JPY parity on July 29th, 2010
Commentary of the GBP/JPY parity :
The parity made a correction and 136.50 has been broken. So, we are now neutral between 136.50 and 135.66. We will wait the breakout of one of these two bands to take position:
- Long if 136.50 is broken
- Short if 135.66 is broken
See the previous analysis of the GBP/JPY parity of July 28th, 2010
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