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Technical Analysis Of The Aud/usdTitle:
Technical analysis of the AUD/USD parity on March 21th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday a return below 1.0550, offering a sell signal.
The pair is currently moving on its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
Indicators are mitigated.
We now advise to trade the pair according to the key level 1.0550:
- Short positions below this level. The breakout of 1.05 will give a new sell signal and open the way towards 1.04.
- Long positions above this level. The breakout of 1.06 will give a new buy signal and open the way towards 1.07.
See the previous analysis of the AUD/USD parity of March 20th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 20th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has faked a return above 1.06.
The pair felt and is currently testing its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
Indicators are mitigated.
We are neutral between 1.0550 and 1.06.
We advise to wait an exit of this range to take position:
- Long above 1.06. The breakout of 1.0650 and 1.07 will both give a new buy signal
- Short below 1.0550. The breakout of 1.05 and 1.0450 will both give a sell signal.
See the previous analysis of the AUD/USD parity of March 19th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 19th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is currently testing a return above 1.06.
The pair is currently moving on its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
Indicators are globaly bullish.
We are neutral between 1.0550 and 1.06.
We advise to wait an exit of this range to take position:
- Long above 1.06. The breakout of 1.0650 and 1.07 will both give a new buy signal
- Short below 1.0550. The breakout of 1.05 and 1.0450 will both give a sell signal.
See the previous analysis of the AUD/USD parity of March 16th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 16th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD made yesterday a pullback on 1.0550 as resistance.
The pair is currently moving on its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
All indicators are bearish.
We continue to advise short positions as far as 1.0550 is resistance.
The breakout of 1.0450 will give a new sell signal and open the way towards 1.04.
In case if return above 1.0550, we will then advise to wait to breakout of 1.06 to advise long positions.
See the previous analysis of the AUD/USD parity of March 15th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 15th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.05, offering a new sell signal.
The pair has validated its bullish slants - the upper band of its former rising wedge and its long term bullish slant (blue line - cf long term analysis).
All indicators are bearish.
We continue to advise short positions as far as 1.0550 is resistance.
The breakout of 1.0450 will give a new sell signal and open the way towards 1.04.
In case if return above 1.0550, we will then advise to wait to breakout of 1.06 to advise long positions.
See the previous analysis of the AUD/USD parity of March 14th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 14th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD is still moving between the support at 1.05 and the resistance at 1.0550.
The pair continues to test the upper band of its previous descending triangle and also its long term slant (blue line).
All indicators are bearish.
We advise to trade the pair according the key level at 1.06:
- Only short positions below 1.06. The breakout of 1.05 will give a new sell signal and open the way towards 1.04
- Only long positions above 1.06. The breakout of 1.0650 will give a new buy signal and open the way towards 1.07.
See the previous analysis of the AUD/USD parity of March 13th, 2012
AUD/USD Analysis
Title:
Technical analysis of the AUD/USD parity on March 13th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD found support yesterday on 1.05 and is currently testing the resistance at 1.0550.
The pair is currently testing the upper band of its previous descending triangle.
All indicators are bearish.
We advise to trade the pair according the key level at 1.06:
- Only short positions below 1.06. The breakout of 1.05 will give a new sell signal and open the way towards 1.04
- Only long positions above 1.06. The breakout of 1.0650 will give a new buy signal and open the way towards 1.07.
See the previous analysis of the AUD/USD parity of March 12th, 2012
AUD/USD Analysis
Title:
Dukascopy Afternnon Forex Overview : 12/03/2012
Dukascopy Fundamental Analysis
EUR
Nicolas Sarkozy, France's President, said that the country may consider withdrawing for Schengen zone unless more efforts are put in stopping illegal immigration. Sarkozy speaking at President's election rally stressed that the progress has to be made during next 12 months otherwise France will exit Schengen zone. Illegal immigration is expected to be the core issue during elections in France.
USD
Crude oil futures eased down during the Asian session on Monday as traders started to cash out from the market after crude oil moved higher on the positive US labour data. Light, sweet crude oil futures for April delivery traded at 106.92 US Dollars per barrel on the New York Mercantile Exchange, tumbling.
GBP
According to Lloyds Bank Corporate Markets, ...
Title:
Technical analysis of the AUD/USD parity on March 12th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD felt on friday below 1.06.
The pair is currently testing the lower band of its previous descending triangle.
All indicators are bearish.
All indicators are still bearish.
We continue to advise 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 above 1.0650, we will wait the breakout of 1.07 to advise long positions.
See the previous analysis of the AUD/USD parity of March 9th, 2012
AUD/USD Analysis
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