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Parity Broke The ResistanceTitle:
Technical analysis of the AUD/USD parity on September 21th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD faked yesterday the breakout of 1.02.
The pair is now back on 1.03 as resistance.
Indicators stay globaly bearish.
We maintain to trade only short positions as far as 1.03 is resistance.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.03 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 20th, 2011
Title:
Technical analysis of the AUD/USD parity on September 20th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently moving on the support at 1.02.
All indicators are bearish.
We maintain to trade only short positions as far as 1.03 is resistance.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.03 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 19th, 2011
Title:
Technical analysis of the AUD/USD parity on September 19th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD reached the resistance at 1.04 on friday.
The pair opened the week on a bearish gap below 1.03 and is currentlu moving towards 1.02.
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1.03 is resistance.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.03 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 16th, 2011
Title:
Technical analysis of the AUD/USD parity on September 16th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just validated a return above 1.03 after have found support on 1.02.
All indicators are getting bullish.
We maintain to trade only short positions as far as 1.0350 is resistance.
A return below 1.03 will comfort our bearish feeling.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.0350 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 15th, 2011
Title:
Technical analysis of the AUD/USD parity on September 15th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on 1.02 to make a pullback on 1.03 as resistance.
The pair is now back on 1.02 and is testing again this level as support.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0350 is resistance.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.0350 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 14th, 2011
Title:
Technical analysis of the AUD/USD parity on September 14th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently validating the breakout of 1.03 and is already testing the next support at 1.02.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0350 is resistance.
The breakout of 1.02 will give a new sell signal and open the way towards 1.01.
However, if 1.0350 is broken, we will wait the breakout of 1.04 to advise long positions.
See the previous analysis of the AUD/USD parity of September 13th, 2011
Title:
Technical analysis of the AUD/USD parity on September 13th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.04, offerung a new sell signal.
The pair just found support on 1.03.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0450 is resistance.
The breakout of 1.03 will give a new sell signal and open the way towards 1.02.
However, if 1.0450 is broken, we will wait the breakout of 1.05 to advise long positions.
See the previous analysis of the AUD/USD parity of September 12th, 2011
Title:
Technical analysis of the AUD/USD parity on September 12th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated on friday the breakout of 1.05, offering a sell signal.
The pair is currently validating the breakout of 1.04 for a new sell signal.
All indicators are now bearish.
We maintain to trade only 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.
However, if 1.05 is broken, we will then advise to trade long positions.
See the previous analysis of the AUD/USD parity of September 9th, 2011
Title:
Technical analysis of the AUD/USD parity on September 7th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support on 1.05 and is currently testing again the resistance at 1.06.
Indicators stay globaly bearish.
We stay neutral on the pair between 1.05 and 1.06.
We advise to wait an exit of this range to take position:
- Long if 1.06 is broken. The breakout of 1.07 will give a new buy signal
- Short if 1.05 is broken. The breakout of 1.04 will give a new sell signal.
See the previous analysis of the AUD/USD parity of September 6th, 2011
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