forex

Forex, Foreign Exchange, Currency Trading
Share your graphic analysis, your trade ideas, your Forex...
ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.

news of the day

Neutral And A Return

Title: Windsor Brokers - Short Term Technical Analysis for Majors (09:30 GMT)
EUR/USD Has regained some ground after yesterday’s weakness was contained at key near-term support and range floor at 1.3025. The downside remains vulnerable, as long as key barriers at 1.3200/32 cap the upside. This morning’s fresh strength probed levels above bear-trendline at 1.3160, however, sustained break here is required maintain fresh strength off 1.3025 for possible attack at 1.3200/32. Hourly studies are turning positive, with 20 day SMA at 1.3110, underpinning. On the downside, break ...

Title: Technical analysis of the GBP/USD pair on February 7th, 2012
Commentary of the GBP/USD pair : The pair GBP/USD made yesterday a pullback on the support at 1.5750 and just tested its former bullish slant (black line) as resistance. Indicators are globaly bullish. We continue to advise long positions as far as 1.57 is support. The breakout of 1.5860 will give a new buy signal and open the way towards 1.60. In case of return below 1.57, we will be neutral between this level and 1.5670. The breakout of 1.5670 will give a sell signal. See the previous ...

Title: Technical analysis of the NZD/USD pair on February 7th, 2012
Commentary of the NZD/USD pair : After a pullback yesterday on the support at 0.83, the pair NZD/USD took up its bullish movement into its bullish channel (black lines). The pair just filled in the bearish gap of Sunday. All indicators are bullish. We continue to advise long positions as far as 0.8238 is support. The breakout of 0.84 and 0.8450 will both give a new buy signal. In case of return below 0.8238, we will be neutral between this level and 0.82. The breakout of 0.82 will give a sell ...

Title: Technical analysis of the USD/CAD pair on February 7th, 2012
Commentary of the USD/CAD pair : The pair USD/CAD is currently testing the support at 0.9950 and is also testing the upper band of its bearish channel (purple lines). All indicators are bearish. The pair is still moving below its medium term bearish slant (black line). We continue to advise short positions as far as 1.0039 is resistance. The breakout of 0.9950 and 0.99 will both give a new sell signal. In case of return above 1.0039, we will be neutral between this level and 1.0079. The ...

Title: Technical analysis of the USD/JPY pair on February 7th, 2012
Commentary of the USD/JPY pair : The pair USD/JPY continues to move on the resistance at 76.65. All indicators are bullish. We are neutral on the pair between 76.50 and 76.80. We advise to wait an exit of this range to take position: - Long if 76.80 is broken. The breakout of 76.96 will give a new buy signal - Short in case of return below 76.50. The breakout of 76 will give a new sell signal. See the previous analysis of the USD/JPY pair of February 6th, 2012 USD/JPY Analysis

Title: Forex - Aid Talks Stall in Athens
Forex News and Events: High yielding currencies continued to outperform as the developed nations central banks have all committed to a sustained period of ultra-loose monetary policy (unlimited free liquidity) and the contraction of volatility has put the carry trade back on the map. As with the crowded dividend trading in the equity markets, we suspect that growth projections in many of these nations have already been priced in. So the kicker at this point will only be the interest rate ...

Title: Technical analysis of the EUR/JPY pair on February 6th, 2012
Commentary of the EUR/JPY pair : The pair EUR/JPY has validated on friday a return above 100 points. The pair is now going to test again this level as support after a pullback below 101. On the short term, the pair got out of its bearish channel (black lines). The pair is still moving above its long term bullish slant (purple line). Indicators are globaly bearish. We stay neutral on the pair between 100 and 101. We advise to wait an exit of this range to take position: - Long if 101 is broken. ...

Title: Technical analysis of the GBP/USD pair on February 6th, 2012
Commentary of the GBP/USD pair : The pair GBP/USD has broken on friday its short term bullish slant (black line) and is currently testing the support at 1.5750. Indicators are mitigated. We continue to advise long positions as far as 1.57 is support. The breakout of 1.5860 will give a new buy signal and open the way towards 1.60. In case of return below 1.57, we will be neutral between this level and 1.5670. The breakout of 1.5670 will give a sell signal. See the previous analysis of the ...

Title: Technical analysis of the NZD/USD pair on February 6th, 2012
Commentary of the NZD/USD pair : After a test of the upper band of its bullish channel (black lines), the pair NZD/USD is currently testing a pullback on the suppport at 0.83. The pair opened on a bearish gap that has not been filled in. All indicators are bullish. We continue to advise long positions as far as 0.8238 is support. The breakout of 0.8350 and 0.84 will both give a new buy signal. In case of return below 0.8238, we will be neutral between this level and 0.82. The breakout of 0.82 ...



© www.forex-tribe.com (2008-2012) - Forex - Sitemap - Search Engine - RSS Feed - Forex Partners - Contact

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.