ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
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Movement Finaly PursuitTitle:
Technical analysis of the USD/JPY pair on March 28th, 2011
Commentary of the USD/JPY pair :
The pair USD/JPY finaly got back of its range 81.38-80.65 from the top, giving us a buy signal. The pair is now moving towards the resistance at 82. We maintain to trade only long positions as far as 81.38 is support. The breakout of 82 will give a new buy signal for a pursuit of the movement towards 82.44. However, in case of return below 81.38, we will be neutral.
See the previous analysis of the USD/JPY pair of March 25th, 2011
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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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Title:
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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