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Parity The Parity BrokeTitle:
Technical analysis of the AUD/USD parity on April 13th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support on 1.04 and just reach 1.05 as resistance. Indicators are globaly bearish. We stay neutral on the pair between 1.04 and 1.05. We advise to wait an exit of this range to take position:
- Long of 1.05 is broken
- Short if 1.04 is broken.
See the previous analysis of the AUD/USD parity of April 8th, 2011
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Technical analysis of the AUD/USD parity on April 6th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just made a pullback on 1.03 as support and is now moving toxwards 1.04. All indicators are bullish. We maintain to trade only long positions as far as 1.03 is support. The breakout of 1.04 will give a new buy signal for new historical highs (1.05 : potential resistance). However, if 1.03 is broken, we will then advise to trade only short positions.
See the previous analysis of the AUD/USD parity of April 5th, 2011
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Technical analysis of the AUD/USD parity on April 5th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found resistance on 1.04 and is currently falling down towards 1.03 as support. All indicators are bullish. We maintain to trade only long positions as far as 1.03 is support. The breakout of 1.04 will give a new buy signal for new historical highs (1.05 : potential resistance). However, if 1.03 is broken, we will then advise to trade only short positions.
See the previous analysis of the AUD/USD parity of April 4th, 2011
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Technical analysis of the AUD/USD parity on March 24th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just broke the resistance at 1.01, giving us a new buy signal. All indicators are bullish. We maintain to trade only long positions as far as 1.0050 is support. The breakout of 1.02 will give a new buy signal for new highs.
See the previous analysis of the AUD/USD parity of March 23th, 2011
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Technical analysis of the AUD/USD parity on March 23th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently finding resistance on 1.01. The pair faked a breakout of this level. All indicators are bullish. We maintain to trade only long positions as far as 1.0 is support. The breakout of 1.01 will give a new buy signal for a pursuit of the movement towards 1.02. However, if 1.0 is broken, we will then advise to trade short positions.
See the previous analysis of the AUD/USD parity of March 22th, 2011
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Technical analysis of the AUD/USD parity on March 22th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD validated yesterday the breakout of 1.0, offering a buy signal. The pair is now testing the next resistance at 1.01. All indicators are bullish. We maintain to trade only long positions as far as 1.0 is resistance. The breakout of 1.01 will give a new buy signal for a pursuit of the movement towards 1.02. However, if 1.0 is broken, a sell signal will be given.
See the previous analysis of the AUD/USD parity of March 21th, 2011
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Technical analysis of the AUD/USD parity on March 21th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD continues its rebound and is now going to validate a return above 1.0. All indicators are now bullish. We stay neutral on the pair between 0.99 and 1.0. We advise to wait an exit of this range to take position:
- Long if 1.0 is broken. The breakout of 1.01 will give a new buy signal
- Short if 0.99 is broken. The breakout of 0.98 will give a new sell signal.
(stop loss for both around 0.9950)
See the previous analysis of the AUD/USD parity of March 18th, 2011
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Technical analysis of the AUD/USD parity on March 18th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is currently testing to make a double top on 0.9950. Indicators stay globaly bearish. We stay neutral on the pair between 0.99 and 1.0. We advise to wait an exit of this range to take positions:
- Long if 1.0 is broken
- Short if 0.99 is broken.
See the previous analysis of the AUD/USD parity of March 17th, 2011
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Technical analysis of the AUD/USD parity on March 16th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD well continued its bearish movement and just rebounded on the support at 0.9850. The pair is now moving towards 1.0. All indicators are bearish. We maintain to trade only short positions as far as 1.0 is resistannce. The breakout of 0.9850 and 0.98 will both give a new sell signal. However, if 1.0 is broken, we will then advise to trade only long positions.
See the previous analysis of the AUD/USD parity of March 15th, 2011
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