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Previous Analysis Of The Aud/usdTitle:
Technical analysis of the AUD/USD parity on January 6th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday a return below 1.03 and is now going to test the support at 1.02.
The pair is still moving below its bullish slant (blue line).
Indicators are now mitigated.
We now advise to wait an exit of this range to take position:
- Long if 1.03 is broken. The breakout of 1.03 will give a new buy signal
- Short if 1.02 is broken. The breakout of 1.01 will give a new sell signal.
See the previous analysis of the AUD/USD parity of January 5th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on January 5th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found resistance yesterday below 1.04.
Then, the pair made a pullback on 1.03 as support but is still moving above its bullish slant (blue line).
All indicators are bullish.
We maintain to trade only long positions as far as 1.0250 is support.
The breakout of 1.04 and 1.05 will both give a new buy signal.
In case of return below 1.0250, we will wait the breakout of 1.01 to advise long positions.
See the previous analysis of the AUD/USD parity of January 4th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on January 4th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.03, offering a new buy signal.
The pair is now going to test the next resistance at 1.04 and is still moving above its bullish slant (blue line).
All indicators are bullish.
We maintain to trade only long positions as far as 1.02 is support.
The breakout of 1.04 and 1.05 will both give a new buy signal.
In case of return below 1.02, we will wait the breakout of 1.01 to advise long positions.
See the previous analysis of the AUD/USD parity of January 3th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on January 3rd, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated the breakout of 1.02, offering a new buy signal.
The pair is currently testing the next resistance at 1.03 and is still moving above its bullish slant (blue line).
All indicators are bullish.
We maintain to trade only long positions as far as 1.0150 is support.
The breakout of 1.03 and 1.01 will both give a new buy signal.
In case of return below 1.0150, we will wait the breakout of 1.00 to advise long positions.
See the previous analysis of the AUD/USD parity of January 2nd, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on December 30th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is moving towards the resistance at 1.02 after a false return below 1.01.
The pair is still moving above is bullish slant (blue line).
Indicators are globaly bullish.
We maintain to trade only long positions as far as 1.0050 is support.
The breakout of 1.02 and 1.03 will both give a new buy signal.
In case of return below 1.0050, we will wait the breakout of 1.00 to advise long positions.
See the previous analysis of the AUD/USD parity of December 29th, 2011
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on December 29th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD has failed to break the resistance at 1.02 yesterday.
Then, the pair felt on 1.01 and is currently moviing below this level.
The pair is still moving above its bullish slant (blue line).
Indicators are mitigated.
We stay neutral between 1.0 and 1.01.
We advise to wait an exit of this range to take position:
- Long if 1.01 is broken. The breakout of 1.02 will give a new buy signal
- Short if 1.0 is broken. The breakout of 0.99 will give a new sell signal.
See the previous analysis of the AUD/USD parity of December 28th, 2011
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on December 28th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USD is moving around the resistance at 1.02.
The pair is still moving above its bullish slant (blue line).
All indicators are still bullish.
We maintain to trade only long positions as far as 1.01 is support.
The breakout of 1.02 and 1.03 will both give a new buy signal.
In case of return below 1.01, we will wait the breakout of 1.00 to advise short positions.
See the previous analysis of the AUD/USD parity of December 27th, 2011
AUD/USD Analysis
Title:
Increasing Expectations for Weaker ECB Monetary Policy
Investors have long been pricing in additional QE from the Fed and the BoE. Now it appear the ECB is managing expectations for a looser monetary policy.
Economic News
USD - US Data and Europe Drive Markets to the Year End Close
During this shortened week liquidity may remain tight as many market players stay on the sidelines. However, US data releases and events in Europe may keep volatility higher than normal. Today we get releases of US consumer confidence and housing prices. On Thursday the Chicago PMI and pending home sales will be the final US data release of 2011. Last week equity markets rallied into the weekend and strong US data may help to continue that trend, though the S&P 500 is running into technical resistance near the 1,260 level from the October and November highs. The ...
Title:
Technical analysis of the AUD/USD parity on December 27th, 2011
Commentary of the AUD/USD parity:
The pair AUD/USDis moving around the resistance at 1.02.
The pair is still moving above its bullish slant (blue line).
All indicators are still bullish.
We maintain to trade only long positions as far as 1.01 is support.
The breakout of 1.02 and 1.03 will both give a new buy signal.
In case of return below 1.01, we will wait the breakout of 1.00 to advise short positions.
See the previous analysis of the AUD/USD parity of December 26th, 2011
AUD/USD Analysis
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