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Parity Is Currently TestingTitle:
Technical analysis of the AUD/USD parity on January 17th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is currently testing a breakout of the resistance at 1.04.
The pair is still moving above its bullish slant (blue line).
All indicators are bullish.
We continue to advise long positions as far as 1.0250 is support.
The breakout of 1.04 and 1.05 will both give a new buy signal.
In case of return below 1.0250, we will wait a breakout of 1.02 to advise short positions..
See the previous analysis of the AUD/USD parity of January 16th, 2012
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on January 3rd, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated the breakout of 1.02, offering a new buy signal.
The pair is currently testing the next resistance at 1.03 and is still moving above its bullish slant (blue line).
All indicators are bullish.
We maintain to trade only long positions as far as 1.0150 is support.
The breakout of 1.03 and 1.01 will both give a new buy signal.
In case of return below 1.0150, we will wait the breakout of 1.00 to advise long positions.
See the previous analysis of the AUD/USD parity of January 2nd, 2012
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on December 21th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has started yesterday a strong bullish rally, breaking the resistance at 1.01 (buy signal).
The pair is currently testing the next resistance at 1.02.
All indicators are bullish.
The pair is now moving above a bullish slant.
We maintain to trade only long positions as far as 1.01 is support.
The breakout of 1.02 and 1.03 will both give a new buy signal.
In case of return below 1.01, we will wait the breakout of 1.00 to advise short positions.
See the previous analysis of the AUD/USD parity of December 20th, 2011
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on December 16th, 2011
Commentary of the AUD/USD parity:
THe pair AUD/USD has faked a breakout of the support at 0.99.
The pair has rebounded and is currently testing 1.0 as resistance.
All indicators are still bearish.
We maintain to trade only short positions as far as 1.0 is resistance.
The breakout of 0.99 will give a new sell signal and open the way towards 0.98.
In case of return above 1.0, we will wait the breakout of 1.01 to advise long positions.
See the previous analysis of the AUD/USD parity of December 15th, 2011
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on December 15th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.0, offering a sell signal.
The pair is currently testing the next support at 0.99.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0 is resistance.
The breakout of 0.99 will give a new sell signal and open the way towards 0.98.
In case of return above 1.0, we will wait the breakout of 1.01 to advise long positions.
See the previous analysis of the AUD/USD parity of December 14th, 2011
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on December 14th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently testing 1.0 as support.
Indicators are globaly bearish.
We stay neutral on the pair between 1.01 and 1.02.
We advise to wait an exit of this range to take position:
- Long if 1.02 is broken. The breakout of 1.03 will give a new buy signal
- Short if 1.01 is broken. The breakout of 1.0 will give a new sell signal.
See the previous analysis of the AUD/USD parity of December 13th, 2011
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on December 6th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just made a triple top on the resistance on 1.03.
The pair is currently testing a return below 1.02.
All indicators stay globaly bullish.
We maintain to trade only long positions as far as 1.01 is support.
The breakout of 1.03 will give a new buy signal and open the way towards 1.04.
In case of return below 1.01, we will wait the breakout of 1.0 to advise short positions.
See the previous analysis of the AUD/USD parity of December 5th, 2011
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on December 5th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated on friday a double top on the resistance at 1.03.
The pair is currently testing 1.02 as support.
All indicators are still bullish.
We maintain to trade only long positions as far as 1.01 is support.
The breakout of 1.03 will give a new buy signal and open the way towards 1.04.
In case of return below 1.01, we will wait the breakout of 1.0 to advise short positions.
See the previous analysis of the AUD/USD parity of December 2nd, 2011
AUD/USD Analysis
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Technical analysis of the AUD/USD parity on November 25th, 2011
Commentary of the AUD/USD parity:
After having reached yesterday the objective of the "Head and Shoulders" pattern at 0.97, the pair AUD/USD made a pullback on 0.98 as resistance.
Then, the pair felt and is currently testing again 0.97.
All indicators are bearish.
We maintain to trade only short positions as far as 0.9850 is resistance.
The breakout of 0.97 will give a new sell signal and open the way towards 0.96.
In case of return above 0.9850, we will wait the breakout of 1.0 to advise long positions.
See the previous analysis of the AUD/USD parity of November 24th, 2011
AUD/USD Analysis
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