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Parity The Parity BrokeTitle:
Technical analysis of the AUD/USD parity on August 2nd, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made a triple top on the resistance at 1.1050.
The pair is currently falling and testing the breakout of 1.09.
All indicators are now bearish.
We stay neutral on the pair between 1.08 and 1.09.
We advise to wait an exit of this range to take position:
- Long if 1.09 is broken. THe breakout of 1.10/1.1050 will both give a new buy signal.
- Short if 1.08 is broken. The breakout of 1.07 will give a new sell signal and open the way towards 1.06.
See the previous analysis of the AUD/USD parity of August 1st, 2011
Title:
Technical analysis of the AUD/USD parity on August 1st, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made a lowest just above 1.09 on friday.
The pair then validated the return above 1.10.
Indicators are mitigated.
We maintain to trade only long positions as far as 1.09 is support.
The breakout of 1.11 will give a new buy signal and open the way towards new historics lows.
However, if 1.09 is broken, we will wait the breakout of 1.08 to advise short positions.
See the previous analysis of the AUD/USD parity of July 29th, 2011
Title:
Technical analysis of the AUD/USD parity on July 29th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD made a double top below 1.11.
The pair is falling and just validated a return below 1.10.
We stay neutral on the pair between 1.08 and 1.10.
We advise to wait an exit of this range to take position:
- Long if 1.10 is broken. The breakout of 1.11 will give a new buy signal and open the way towards new historics highs.
- Short if 1.08 is broken. The breakout of 1.07 will give a new sell signal.
See the previous analysis of the AUD/USD parity of July 28th, 2011
Title:
Technical analysis of the AUD/USD parity on July 19th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD faked yesterday the breakout of 1.06.
All indicators are bearish.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take position:
- Long if 1.07 is broken
- Short if 1.06 is broken.
See the previous analysis of the AUD/USD parity of July 18th, 2011
Title:
Technical analysis of the AUD/USD parity on July 18th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD continued its bearish movement and is currently testing the find support on 1.06.
All indicators are now bearish.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take position:
- Long if 1.07 is broken
- Short if 1.06 is broken.
See the previous analysis of the AUD/USD parity of July 15th, 2011
Title:
Technical analysis of the AUD/USD parity on July 15th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is strong falling below 1.07.
Indicators are now mitigated.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take position:
- Long if 1.07 is broken
- Short if 1.06 is broken.
See the previous analysis of the AUD/USD parity of July 14th, 2011
Title:
Technical analysis of the AUD/USD parity on July 13th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD faked a breakout of 1.06.
In extension, the pair found support on the upper band of its former bearish channel.
The pair is now rebounding towards 1.07.
All indicators are still bearish.
We stay neutral on the pair between 1.06 and 1.07.
We advise to wait an exit of this range to take position:
- Long if 1.07 is broken
- Short if 1.06 is broken.
See the previous analysis of the AUD/USD parity of July 12th, 2011
Title:
Technical analysis of the AUD/USD parity on July 11th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD continues to move between 1.07 and 1.08 and is currently testing 1.07 as support.
Indicators are globaly bullish.
We maintain to trade only long positions as far as 1.07 is support.
The breakout of 1.08 will give a new buy signal and open the way towards 1.09.
However, if 1.07 is broken, we will wait a return below 1.0650 to trade short positions.
See the previous analysis of the AUD/USD parity of July 8th, 2011
Title:
Technical analysis of the AUD/USD parity on July 8th, 2011
Commentary of the AUD/USD parity:
After having faked the breakout of 1.07 several time, the pair AUD/USD has rebounded towards 1.08.
Indicators are bullish.
We maintain to trade only long positions as far as 1.07 is support.
The breakout of 1.08 will give a new buy signal and open the way towards 1.09.
However, if 1.07 is broken, we will wait a return below 1.0650 to trade short positions.
See the previous analysis of the AUD/USD parity of July 6th, 2011
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