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Parity The Parity FakeTitle:
Technical analysis of the AUD/USD parity on October 11th, 2010
Commentary of the AUD/USD parity:
The parity fake a breakout of 0.98 and is currently testing the resistance at 0.99. The price is currently testing its bullish slant as resistance. Indicators stay globaly bullish. We maintain to trade only long positions as far as 0.98 is support. The breakout of 0.99 will give a new buy signal. The next major resistance is at 1.0. However, if 0.98 is broken, we will stay neutral. The correction could then pursuit towards 0.9750.
See the previous analysis of the AUD/USD parity of October 8th, 2010
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Technical analysis of the AUD/USD parity on October 6th, 2010
Commentary of the AUD/USD parity:
The parity fake a breakout of 0.96. The return above this level offered a buy signal and the price got back above 0.97 (new buy signal). Currently, the parity is testing the highest of October 1st at 0.9750. All indicators are bullish. We maintain to trade only long positions as far as 0.9650 is support. The breakout of 0.98 will give a new buy signal.
See the previous analysis of the AUD/USD parity of October 5th, 2010
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Technical analysis of the EUR/CHF parity on October 6th, 2010
Commentary of the EUR/CHF parity:
The parity fake a breakout of the support at 1.33 and made a return above 1.3350 (and also its bullish slant). 1.34 is currently tested. Indicators are getting globaly bullish. We maintain to trade only long positions as far as the price is above 1.3350. The breakout of 1.34 will give a new buy signal. However, if 1.33 is broken, we will advise to trade short positions.
See the previous analysis of the EUR/CHF parity of October 5th, 2010
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Technical analysis of the EUR/GBP parity on October 5th, 2010
Commentary of the EUR/GBP parity:
The parity fake a breakout of the upper band of its bullish channel and just found support on 0.8650. Indicators stay globaly bullish. We maintain to trade only long positions as far as 0.8650 is support. The breakout of 0.87 will give a new buy signal. The next resistance is a major one at 0.88.
See the previous analysis of the EUR/GBP parity of October 4th, 2010
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Technical analysis of the XAU/USD (Gold) parity on October 1st,2010
Commentary of the XAU/USD parity:
The parity fake a return below 1300. Indicators stay globaly bullish. The last highest is at 1315. We maintain to trade only long positions as far as 1300 is support. The parity is moving in an unknow territory and it is hard to determine next levels of resistance. However, the breakout of 1315 will give a new buy signal.
See the previous analysis of the XAU/USD parity of September 30th, 2010
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Technical analysis of the EUR/GBP parity on september 30th, 2010
Commentary of the EUR/GBP parity:
The parity is currently moving into a bullish channel. THe price just fake the breakout of the resistance at 0.86. Indicators stay globaly bullish. We maintain to trade only long positions as far as the price is above 0.8550. The breakout of 0.86 will give a new buy signal. The next major resistance is at 0.88.
See the previous analysis of the EUR/GBP parity of September 29th, 2010
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Technical analysis of the EUR/GBP parity on september 29th, 2010
Commentary of the EUR/GBP parity:
The parity fake a breakout of the support at 0.85. The return above this level gave us a buy signal. All indicators are getting bullish and the price is currently testing the resistance at 0.86. We maintain to trade only long positions as far as 0.8550 is support. The breakout of 0.86 will give another buy signal. 0.88 is the next major resistance.
See the previous analysis of the EUR/GBP parity of September 28th, 2010
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Technical analysis of the AUD/USD parity on september 28th, 2010
Commentary of the AUD/USD parity:
The parity just fake a breakout of the resistance at 0.96 after a highest at 0.9650. Currently, the parity is making a correction and gets back below 0.96. Indicators stay globaly bullish. We maintain to trade only long positions as far as 0.9550 is support. The breakout (validated) of 0.96 will give a new buy signal.
See the previous analysis of the AUD/USD parity of September 27th, 2010
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Technical analysis of the EUR/CHF parity on september 27th, 2010
Commentary of the EUR/CHF parity:
The parity fake a breakout of the support at 1.31 and rebounded towards the resistance at 1.33. All indicators are now bullish. We advise to trade the parity according to the key level at 1.3250:
- Long above this level. The breakout of 1.33 will give a new buy signal
- Short below this level. The breakout of 1.32 will give a new sell signal
See the previous analysis of the EUR/CHF parity of September 24th, 2010
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