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Usd/cad Parity On July

Title: Technical analysis of the USD/CAD parity on July 28th, 2010
Commentary of the USD/CAD parity : The parity made a pullback on 1.0360 and is now moving into a bearish channel. Currently, the parity is testing again the support at 1.0225. The breakout of this level will give a new sell signal. We maintain to trade only short positions as far as the price is moving into its channel. If an exit occur, we will stay neutral. Only the breakout of 1.0382 will allow us to trade long positions. See the previous analysis of the USD/CAD parity of July 27th, 2010

Title: Technical analysis of the USD/CAD parity on July 27th, 2010
Commentary of the USD/CAD parity : The parity continues its bearish movement and is currently testing the support at 1.03. The breakout of this level will give a new sell signal. We maintain to trade only short positions as far as 1.0360 is resistance. The next support is at 1.0225. If 1.0360 is broken, we will stay neutral. Only a breakout of 1.0382 will allow us to trade long positions. See the previous analysis of the USD/CAD parity of July 26th, 2010

Title: Technical analysis of the USD/CAD parity on July 26th, 2010
Commentary of the USD/CAD parity : After a pullback on 1.0441, the parity continued its bearish movement. We maintain to trade only short positions as far as 1.0412 is resistance. The breakout of 1.03 will give a new sell signal. However, if 1.0412 is broken, we will stay neutral. Only the breakout of 1.0441 will allow us to trade long positions. See the previous analysis of the USD/CAD parity of July 23th, 2010

Title: Technical analysis of the USD/CAD parity on July 23th, 2010
Commentary of the USD/CAD parity : 1.0441 is back as resistance. This level is our key level, its breakout gave us a sell signal. Then, the breakout of 1.0382 gave us a new one. We advise to trade only short positions as far as 1.0441 is resistance. The next support is at 1.03. See the previous analysis of the USD/CAD parity of July 22th, 2010

Title: Technical analysis of the USD/CAD parity on July 22th, 2010
Commentary of the USD/CAD parity : A correction occured on the parity and 1.0441 is back as support. This level is our key level. Above it, we advise to trade only long positions. The breakout of 1.05 will give a new buy signal. However, below this level, we advise to trade only short positions. The breakout of 1.0382 will give a new sell signal. See the previous analysis of the USD/CAD parity of July 21th, 2010

Title: Technical analysis of the USD/CAD parity on July 21th, 2010
Commentary of the USD/CAD parity : A strong bearish movement occured, following an increase of Candian rates. We were neutral between 1.0441 and 1.05. The breakout of 1.0441 gave us a sell signal. Currently, the parity is testing the support at 1.0382. The breakout of this level will give a new sell signal. We maintain to trade only short positions as far as 1.0441 is resistance. See the previous analysis of the USD/CAD parity of July 20th, 2010

Title: Technical analysis of the USD/CAD parity on July 20th, 2010
Commentary of the USD/CAD parity : The parity is currenlty making a correction. However, we maintain to trade only long positions as far as 1.05 is support. The break out of 1.0566 will give a new buy signal. If 1.05 is broken, we will stay neutral between this level and 1.0441. See the previous analysis of the USD/CAD parity of July 19th, 2010

Title: Technical analysis of the USD/CAD parity on July 19th, 2010
Commentary of the USD/CAD parity : The parity continued its bullish movement towards the resistance at 1.0566. The break out of this level will give a new buy signal. We maintain to trade only long positions as far as 1.05 is support. If this level is broken, we will stay neutral between 1.0441 and 1.05. See the previous analysis of the USD/CAD parity of July 15th, 2010

Title: Technical analysis of the USD/CAD parity on July 15th, 2010
Commentary of the USD/CAD parity : The parity got out of its bearish channel and seems now to move into a range between 1.03 and 1.0380. We maintain to trade only short positions as far as 1.0380 is resistance. The breakout of 1.03 will give a new sell signal. However, if 1.0380 is broken, a buy signal will be given. See the previous analysis of the USD/CAD parity of July 14th, 2010

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