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Parity Broke The Resistance

Title: Technical analysis of the AUD/USD parity on May 20th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD continues its rebound towards 1.07 after a pullback on 1.06 as support. Indicators are mitigated. We maintain to trade only short positions as far as 1.07 is resistance. A return below 1.06 will comfort our bearish feeling and the breakout of 1.05 will give a new sell signal and open the way towards 1.04. However, if 1.07 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 19th, 2011

Title: Technical analysis of the AUD/USD parity on May 19th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD continues its rebound towards 1.07 after a pullback on the support at 1.06. Indicators are mitigated. We maintain to trade only short positions as far as 1.07 is resistance. A return below 1.06 will comfort our bearish feeling and the breakout of 1.05 will give a new sell signal and open the way towards 1.04. However, if 1.07 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 18th, 2011

Title: Technical analysis of the AUD/USD parity on May 18th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD made yesterday a lowest on the support at 1.05. The price is now moving just above 1.06. Indicators are mitigated. We maintain to trade only short positions as far as 1.07 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. However, if 1.07 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 17th, 2011

Title: Technical analysis of the AUD/USD parity on May 17th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD made yesterady a lowest just above the support at 1.05. The pair is now back on 1.06 as resisdtance. All indicators are bearish. We maintain to trade only short positions as far as 1.07 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. However, if 1.07 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 16th, 2011

Title: Technical analysis of the AUD/USD parity on May 16th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD made a new high on Friday on 1.07 before falling down. The pair just validated the breakout of 1.06, offering a new sell signal. We maintain to trade only short positions as far as 1.07 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. However, if 1.07 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 13th, 2011

Title: Technical analysis of the AUD/USD parity on May 10th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD just met resistance on 1.08. Indicators are mitigated. We maintain to trade only short positions as far as 1.08 is resistance. A return below 1.07 will comfort our bearish feeling and the breakout of 1.06 will give a new sell signal and open the way towards 1.05. However, if 1.08 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 9th, 2011

Title: Technical analysis of the AUD/USD parity on May 9th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD continues its rebound towards 1.08 as resistance. Indicators are now mitigated. We maintain to trade only short positions as far as 1.08 is resistance. A return below 1.07 will comfort our bearish feeling and the breakout of 1.06 will give a new sell signal and open the way towards 1.05. However, if 1.08 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 6th, 2011

Title: Technical analysis of the AUD/USD parity on May 6th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD validated yesterday the breakout of 1.07, offering a new sell signal. The pair just faked a breakout of the next support at 1.06 and is now back on 1.07. All indicators are bearish. We maintain to trade only short positions as far as 1.08 is resistance. The breakout of 1.06 will give a new sell signal and open the way towards 1.05. However, if 1.08 is broken, we will then advise to trade long positions. See the previous analysis of the AUD/USD parity of May 5th, 2011

Title: Technical analysis of the AUD/USD parity on May 5th, 2011
Commentary of the AUD/USD parity: The pair AUD/USD validated yesterday the breakout of 1.08, offering a sell signal. The pair is currently testing the next support at 1.07. All indicators are bearish. We maintain to trade only short positions as far as 1.0850 is resistance. The breakout of 1.07 will give a new sell signal and open the way towards 1.06. However, if 1.0850 is broken, we will wait the breakout of 1.09 to trade long positions. See the previous analysis of the AUD/USD parity of May 4th, 2011

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