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Parity The Parity FoundTitle:
Technical analysis of the AUD/USD parity on June 28th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on 1.04 and continues to move on the midline of its bearish channel.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0550 is resistance.
The breakout of 1.04 will give a new sell signal and open the way towards 1.03;
However, if 1.0550 is broken, we will wait the breakout of 1.06 to advise long positions.
See the previous analysis of the AUD/USD parity of June 27th, 2011
Title:
Technical analysis of the AUD/USD parity on June 27th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found resistance on Friday on 1.06.
Then, the pair felt strongly and the breakout of 1.05 gave us a new sell signal.
All indicators are bearish.
The pair is currenlty on the midline of its bearish channel.
We maintain to trade only short positions as far as 1.0550 is resistance.
The breakout of 1.04 will give a new sell signal and open the way towards 1.03;
However, if 1.0550 is broken, we will wait the breakout of 1.06 to advise long positions.
See the previous analysis of the AUD/USD parity of June 24th, 2011
Title:
Technical analysis of the AUD/USD parity on June 21th, 2011
Commentary of the AUD/USD parity:
After have found support on 1.05, the pair AUD/USD just met resistance on 1.06.
Indicators are globaly bearish.
We maintain to trade only short positions as far as 1.0650 is resistance.
The breakout of 1.05 will give a new sell signal and open the way towards 1.04.
However, if 1.0650 is broken, we will wait the breakout of 1.07 to trade long positions.
See the previous analysis of the AUD/USD parity of June 20th, 2011
Title:
Technical analysis of the AUD/USD parity on June 17th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on 1.05.
All indicators are bearish.
We maintain to trade only short positions as far as 1.0650 is resistance.
The breakout of 1.05 will give a new sell signal and open the way towards 1.04.
However, if 1.0650 is broken, we will wait the breakout of 1.07 to trade long positions.
See the previous analysis of the AUD/USD parity of June 16th, 2011
Title:
Technical analysis of the AUD/USD parity on June 7th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD again found resistance on 1.0750.
The pair is currently testing a return below 1.07/
All indicators are still bullish.
We maintain to trade only long positions as far as 1.0650 is support.
A return above 1.07 will comfort our bullish feeling.
The breakout of 1.0750 and 1.08 will both give a new buy signal and open the way towards 1.09.
However, if 1.0650 is broken, we will then wait the breakout of 1.06 to trade short positions.
See the previous analysis of the AUD/USD parity of June 6th, 2011
Title:
Technical analysis of the AUD/USD parity on June 6th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD found support on 1.06 before tooking up its bullish movement and validated the breakout of 1.07 (buy signal).
The pair is currently finding resistance on 1.0750.
All indicators are bullish.
We maintain to trade only long positions as far as 1.0650 is support.
The breakout of 1.0750 and 1.08 will both give a new buy signal and open the way towards 1.09.
However, if 1.0650 is broken, we will then wait a breakout of 1.06 to trade short positions.
See the previous analysis of the AUD/USD parity of June 3rd, 2011
Title:
Technical analysis of the AUD/USD parity on June 3rd, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just found resistance on 1.07 and continues to move between 1.06 and 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 positions:
- Long if 1.07 is broken
- Short if 1.06 is broken.
See the previous analysis of the AUD/USD parity of June 2nd, 2011
Title:
Technical analysis of the AUD/USD parity on May 24th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD just found support on 1.05 and is currently trying to rebound towards 1.06. The pair is still moving below its bearsih slant. All indicators are bearish. We maintain to trade only short positions as far as 1.0650 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. In case of return just aboev 1.0650, we will then advise to wait a breakout of 1.07 to trade long positions.
See the previous analysis of the AUD/USD parity of May 23th, 2011
Title:
Technical analysis of the AUD/USD parity on May 23th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is now moving below a bearish slant. The pair found resistance on 1.07 before felt strongly. The pair is currently testing 1.06. Indicators are globaly bearish. We maintain to trade only short positions as far as 1.07 is resistance. The breakout of 1.05 will give a new sell signal and open the way towards 1.04. In case of return just aboev 1.07, we will then advise to trade long positions.
See the previous analysis of the AUD/USD parity of May 20th, 2011
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