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Gap Which Is Currently Fulfilled

Title: Technical analysis of the NZD/USD parity on July 19th, 2010
Commentary of the NZD/USD parity : The parity opened on a bearish gap which is currently fulfilled. The bullish slant has been broken, giving us a sell signal. Even if a pullback on the slant is possible, we now advise to trade only short positions as far as 0.7157 is resistance. The break out of 0.70 will give a new sell signal. See the previous analysis of the NZD/USD parity of July 15th, 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.