ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Parity The Parity BrokeTitle:
Technical analysis of the AUD/USD parity on September 13th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.04, offerung a new sell signal.
The pair just found support on 1.03.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0450 is resistance.
The breakout of 1.03 will give a new sell signal and open the way towards 1.02.
However, if 1.0450 is broken, we will wait the breakout of 1.05 to advise long positions.
See the previous analysis of the AUD/USD parity of September 12th, 2011
Title:
Technical analysis of the AUD/USD parity on September 12th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated on friday the breakout of 1.05, offering a sell signal.
The pair is currently validating the breakout of 1.04 for a new sell signal.
All indicators are now bearish.
We maintain to trade only short positions as far as 1.05 is resistance.
The breakout of 1.03 will give a new sell signal and open the way towards 1.02.
However, if 1.05 is broken, we will then advise to trade long positions.
See the previous analysis of the AUD/USD parity of September 9th, 2011
Title:
Technical analysis of the AUD/USD parity on September 7th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support on 1.05 and is currently testing again the resistance at 1.06.
Indicators stay globaly bearish.
We stay neutral on the pair between 1.05 and 1.06.
We advise to wait an exit of this range to take position:
- Long if 1.06 is broken. The breakout of 1.07 will give a new buy signal
- Short if 1.05 is broken. The breakout of 1.04 will give a new sell signal.
See the previous analysis of the AUD/USD parity of September 6th, 2011
Title:
Technical analysis of the AUD/USD parity on September 6th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just found support on 1.05.
All indicators are bearish.
We stay neutral on the pair between 1.05 and 1.06.
We advise to wait an exit of this range to take position:
- Long if 1.06 is broken. The breakout of 1.07 will give a new buy signal
- Short if 1.05 is broken. The breakout of 1.04 will give a new sell signal.
See the previous analysis of the AUD/USD parity of September 5th, 2011
Title:
Technical analysis of the AUD/USD parity on September 5th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is opening the week on a bearish gap below its bullish slant.
The pair just validated a return below 1.06.
All indicators are now bearish.
We stay neutral on the pair between 1.05 and 1.06.
We advise to wait an exit of this range to take position:
- Long if 1.06 is broken. The breakout of 1.07 will give a new buy signal
- Short if 1.05 is broken. The breakout of 1.04 will give a new sell signal.
See the previous analysis of the AUD/USD parity of September 2nd, 2011
Title:
Risk Sentiment Stumbles Again, Waiting for Jackson Hole
The Week Ahead
Highlights
Risk sentiment stumbles again
Waiting for Jackson Hole
Are 'safe-havens' due for a short-term pullback?
SNB intervention risk is here to stay
The ECB calms sovereign debt markets
Key data and events to watch next week
Risk sentiment stumbles again
Risk assets (stocks, commodities, JPY- and CHF-crosses, and commodity currencies) stabilized further to start this past week, but suffered what seems likely to be the first in a series of periodic relapses, as market conviction remains extremely low. We remain cautiously optimistic that the sell-off in the first half of August marked the low point in the current risk retrenchment, but we are keenly aware that risks remain skewed to the downside. In support of the view that a medium-term bottom ...
Title:
Technical analysis of the AUD/USD parity on August 18th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.05, offering a new buy signal.
The pair reached in extension the next resistance at 1.06 but just fall dow below 1.05.
All indicators are still bullish.
We maintain to trade only long positions as far as 1.04 is support.
The breakout of 1.05 will give a new buy signal and open the way towards 1.06/1.07.
However, if 1.04 is broken, we will then advise to trade only short positions.
See the previous analysis of the AUD/USD parity of August 17th, 2011
Title:
Technical analysis of the AUD/USD parity on August 17th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made yesterday a pullback on 1.04 as support.
The pair is testing again the resistance at 1.05.
All indicators are bullish.
We advise to trade only long positions as far as 1.04 is support.
The breakout of 1.05 will give a new buy signal and open the way towards 1.06/1.07.
However, if 1.04 is broken, we will then advise to trade only short positions.
See the previous analysis of the AUD/USD parity of August 3rd, 2011
Title:
Technical analysis of the AUD/USD parity on August 3rd, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just validated the breakout of 1.08, offering a sell signal.
In extension, the support at 1.07 has been reached.
All indicators are bearish.
We maintain to trade only short positions as far as 1.09 is resistance.
The breakout of 1.07 will give a new sell signal and open the way towards 1.06.
However, if 1.09 is broken, a buy signal will be given.
See the previous analysis of the AUD/USD parity of August 2nd, 2011
|