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Day: December 1, 2007
December 12007
Forex Technical Analysis for 12/0312/07 Week
EUR/USD trend: sell.GBP/USD trend: sell.USD/JPY trend: buy.EUR/JPY trend: hold. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4258 1.4443 1.4537 1.4722 1.4816 1.5001 1.5095 GBP/USD 2.0154 2.0343 2.0453 2.0642 2.0752 2.0941 2.1051 USD/JPY 104.52 105.87 108.53 109.88 112.54 113.89 116.55 EUR/JPY 155.66 157.51 160.13 161.98 […]
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December 12007
U.S. Dollar Rises on Bernankeâs Cut Signaling
U.S. dollar ended this week on a rising edge against euro, pound and yen after Fed‘s Chairman Ben Bernanke joined Donald Kohn in his hinting the markets, that next interest rates cut will be most probably made during FOMC‘s December 11 meeting. Bernanke spoke yesterday at the presentation of the Citizen of the Carolinas Award in Charlotte Chamber of Commerce, Charlotte, North Carolina. The main idea of his speech can […]
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