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ParityTitle:
Technical analysis of the GBP/JPY parity on June 25th, 2010
Commentary of the GBP/JPY parity :
134 has been broken, giving us a sell signal. We now advise to trade only short positions as far as this level is resistance. The break out of 133.36 will give a new sell signal. 134 is our key level. If the price get back above this level, we will advise to trade only long positions again.
See the previous analysis of the GBP/JPY parity of June 24th, 2010
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Technical analysis of the GBP/USD parity on June 25th, 2010
Commentary of the GBP/USD parity :
The parity is currently making a correction. However, we maintain to trade only long positions as far as 1.4886 is support. The next resistance is at 1.5044. The break out of this level will give a new buy signal. However, if 1.4886 is broken, we will stay neutral.
See the previous analysis of the GBP/USD parity of June 24th, 2010
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Technical analysis of the NZD/USD parity on June 25th, 2010
Commentary of the NZD/USD parity :
The parity broke its bullish slant (purple line) and we are now neutral on the parity between 0.70 and 0.71. We will wait a break out of one of these two bands to take positions :
- Long if 0.71 is broken
- Short if 0.70 is broken
See the previous analysis of the NZD/USD parity of June 24th, 2010
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Technical analysis of the USD/CAD parity on June 25th, 2010
Commentary of the USD/CAD parity :
The parity is currently testing the resistance at 1.0421. Its break out will give a new buy signal. The next resistance is at 1.0528. We advise to trade only long positions as far as 1.0340 is support. This level is our key level. In case of break out, a sell signal will be given.
See the previous analysis of the USD/CAD parity of June 24th, 2010
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Technical analysis of the USD/CHF parity on June 25th, 2010
Commentary of the USD/CHF parity :
The parity is now moving into a range between 1.1018 and 1.1141. We maintain to trade only short positions as far as 1.1141 is resistance. The break out of 1.1018 (currently tested) will give a new sell signal. If 1.1141 is broken, we will stay neutral.
See the previous analysis of the USD/CHF parity of June 24th, 2010
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Technical analysis of the USD/JPY parity on June 25th, 2010
Commentary of the USD/JPY parity :
The bearish movement continued towards the support 89.24 (formely 89.39). This level allowed a correction. In case of break out, a new sell signal will be given. This level is a major support which link all the lowest of May. We maintain to trade only short positions as far as the parity is moving into its bearish channel (purple lines).
See the previous analysis of the USD/JPY parity of June 24th, 2010
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# Technical analysis of the XAU/USD (Gold) parity on June 24th, 2010
Commentary of the XAU/USD parity:
The parity stopped its bullish movement to return on its support at 1227. Indicators are globaly bearish. We will wait a break out of 1240 to trade again long positions.
See the previous analysis of the XAU/USD parity of June 23th, 2010
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Technical analysis of the AUD/USD parity on June 24th, 2010
Commentary of the AUD/USD parity:
We maintain our last commentary : 'The parity is currently testing the support at 0.87. The bullish gap is now filled in. Indicators are mixed. We stay neutral on the parity as far as the price is moving between 0.87/0.8750. A break out of 0.87 will offer a sell signal. We will then advise to trade only short positions as far as the price is below 0.8750. However, if 0.8750, a buy signal will be given and we will then advise to trade only long positions as far as 0.87 is support.'
See the previous analysis of the AUD/USD parity of June 23th, 2010
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Technical analysis of the EUR/CHF parity on June 24th, 2010
Commentary of the EUR/CHF parity:
The parity continues its bearish movement below its bearish slant. The support at 1.3650 has been broken, offering a new sell signal. The price is currently testing the next support at 1.36. A break out of this level will give a new sell signal. We maintain to trade only short positions as far as 1.3650 is resistance.
See the previous analysis of the EUR/CHF parity of June 23th, 2010
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