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Parity Broke The ResistanceTitle:
Technical analysis of the AUD/USD parity on June 15th, 2010
Commentary of the AUD/USD parity:
The parity fake a break out of the resistance at 0.86. Currently, the price is making a correction and is close to 0.85 (support). Indicators are globaly bullish. We maintain to trade only long positions as far as 0.85 is support. If this level is broken, the correction should pursuit towards 0.84.
See the previous analysis of the AUD/USD parity of June 14th, 2010
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Technical analysis of the EUR/CHF parity on June 15th, 2010
Commentary of the EUR/CHF parity:
The parity fake a break out of the resistance at 1.3950. Indicators are globaly bullish on the short term. However, we maintain to trade only short positions as far as the price is below 1.3950. A break out of 1.39 will offer a sell signal. However, if the price broke 1.3950, we will stay neutral between this level and 1.40 and we will advise to wait an exit of this range to enter into the side of the break out.
See the previous analysis of the EUR/CHF parity of June 14th, 2010
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Technical analysis of the EUR/JPY parity on June 15th, 2010
Commentary of the EUR/JPY parity :
The parity stopped its bullish movement on the minor resistance at 113. The price is currently making a correction. Indicators are globaly bullish. We maintain to trade only long positions as far as the price is above 111. A return above 112 will comfort our bullish feeling. If 111 is broken, the correction could continue towards 110 or less. We will stay neutral if that happen, waiting for a return above this level.
See the previous analysis of the EUR/JPY parity of June 14th, 2010
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Technical analysis of the NZD/USD parity on June 15th, 2010
Commentary of the NZD/USD parity :
The resistance at 0.6940 has been broken, giving us a new buy signal. Then, 0.70 has been reached but the upper band of our former bearish channel acted as resistance. Currently, the parity is making a correction but we maintain to trade only long positions as far as 0.6870 is support. If this level is broken, we will stay neutral. However, the break out of 0.70 will give a new buy signal.
See the previous analysis of the NZD/USD parity of June 14th, 2010
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Technical analysis of the USD/CAD parity on June 15th, 2010
Commentary of the USD/CAD parity :
The parity broke its last lowest and continues to move into its bearish channel. We maintain to trade only short positions as far as 1.0394 (level 61.80% of fibonacci retracements) is resistance. If this level is broken, a buy signal will be given. However, the break out of 1.0260 will give a new sell signal.
See the previous analysis of the USD/CAD parity of June 14th, 2010
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Technical analysis of the AUD/USD parity on June 14th, 2010
Commentary of the AUD/USD parity:
The parity continues its bullish movement. The price just broke the resistance at 0.85, offering a new buy signal. All indicators are bullish. The price is now moving towards 0.86. A break out of this level will give a new buy signal. We maintain to trade only long positions as far as the price is above 0.85.
See the previous analysis of the AUD/USD parity of June 11th, 2010
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Technical analysis of the EUR/GBP parity on June 14th, 2010
Commentary of the EUR/GBP parity:
The break out of the resistance at 0.83 offered a buy signal. However, the parity didn't pursuit its bullish movement above 0.8350. Currently, the price is making a pullback on 0.83 as support. Indicators stay globaly bullish. As far as the price is above 0.83, we maintain to trade only long positions. The break out of 0.8350 will offer a new buy signal. If 0.83 is broken, we will stay neutral.
See the previous analysis of the EUR/GBP parity of June 11th, 2010
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Technical analysis of the NZD/USD parity on June 14th, 2010
Commentary of the NZD/USD parity :
The resistance at 0.6940 is currently tested. The break out of this level will give a new buy signal. We could then target 0.70. We maintain to trade only long positions as far as 0.6870 is support. A pullback on this level is possible as far as 0.6940 is resistance. If 0.6870 is broken, we will stay neutral.
See the previous analysis of the NZD/USD parity of June 11th, 2010
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Technical analysis of the AUD/USD parity on June 11th, 2010
Commentary of the AUD/USD parity:
The parity well continued its bullish movement. The resistance at 0.84 has been broken, offering a new buy signal. The price just reached the resistance at 0.85. The break out of this level will offer a new buy signal. A triple top seems to shape on this level with the highest of the end of May and the begining of June. Indiactors are globaly bullish. We maintain to trade only long positions as far as the price is above 0.84.
See the previous analysis of the AUD/USD parity of June 10th, 2010
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