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Exit Of The Range 111/112

Title: Technical analysis of the EUR/JPY parity on July 13th, 2010
Commentary of the EUR/JPY parity : The parity is currently testing the support at 111. Indicators are mixed. We advise to wait an exit of the range 111/112 to take position: - Long if 112 is broken - Short if 111 is broken. See the previous analysis of the EUR/JPY parity of July 12th, 2010



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FOREX stands for Foreign Exchange - which means currency market. The Forex market is where currencies are sold, bought, in the form of parity. On the Forex market, all currencies are traded in real time, 24h/24h, 7J/7J. The Forex is open since few years to individuals, single investors wishing to diversify their investments or pure speculators. The access to foreign exchange market for individuals is offered through Forex Brokers.
BEWARE: FOREX is a market made volatile by the leverage which is offered to you. Consequently, a risk of important financial losses is always present. Tribuforex provides his internauts some trade ideas and analysis, but will not be responsible in case of losses. The main goal of www.tribuforex.fr is to offer a tool allowing traders to share forex between them.