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Parity Finaly Pursuit

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. See the previous analysis of the GBP/JPY parity of September 13th, 2010

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

Title: EUR/JPY analysis of the week (4h candlesticks)
The parity finaly pursuit its move between 134 and 135. We will wait a break out of one of this level to enter into the side of the break out with a target (136 if the 135 is broken and 133 if 134 is broken)



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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.
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