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Day: November 17, 2007
November 172007
Forex Technical Analysis for 11/1911/23 Week
EUR/USD trend: hold.GBP/USD trend: sell.USD/JPY trend: sell.EUR/JPY trend: sell. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4304 1.4412 1.4536 1.4644 1.4768 1.4876 1.5000 GBP/USD 1.9793 2.0073 2.0309 2.0589 2.0825 2.1105 2.1341 USD/JPY 106.89 108.01 109.53 110.65 112.17 113.29 114.81 EUR/JPY 153.98 156.33 159.60 161.95 […]
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November 172007
Iran, Venezuela Concerned with Weak Dollar
OPEC summit, which is to be held this weekend, could become a field of discussion of possible dollar abandonment as the official OPEC’s oil currency. Iran and Venezuela, concerned with the dollars continuous fall against other world currencies, are interested in changing oil pricing to other major currencies. Putting this question to the OPEC’s summit discussion list is in the interest of both of those countries. But Saudi Arabia, OPEC’s largest […]
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