ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
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Finaly Pursuit And The BreakoutTitle:
Technical analysis of the GBP/USD pair on December 28th, 2010
Commentary of the GBP/USD pair :
The pair GBP/USD seems finaly to pursuit its correction. However, we maintain to trade only short positions as far as 1.55 is resistance. A return below 1.54 will comfort our bearish feeling and the breakout of 1.5350 will give a new sell signal. However, if 1.55 is broken, a buy signal will be given.
See the previous analysis of the GBP/USD pair of December 27th, 2010
Title:
Technical analysis of the GBP/JPY parity on september 14th, 2010
Commentary of the GBP/JPY parity :
130 acted perfectly as resistance and the parity finaly pursuit its bearish movement and got out of its range 129-130 from the bottom. The breakout of 129 gave us a new sell signal. We maintain to trade only short positions as far as this level is resistance. Currently, the parity is testing the next support at 128. The breakout of this level will give a new sell signal. However, if the price gets back above 129, we will stay neutral between 129 and 130.
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Technical analysis of the NZD/USD parity on July 21th, 2010
Commentary of the NZD/USD parity :
The movement finaly pursuit and the breakout of 0.7157 gave us a buy signal. We advise to trade only long positions as far as this level is support. If this level is broken, we could trade again short positions. So 0.7157 is our key level.
See the previous analysis of the NZD/USD parity of July 20th, 2010
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