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Day: December 15, 2007
December 152007
Forex Technical Analysis for 12/1712/21 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 1.3970 1.4191 1.4309 1.4530 1.4648 1.4869 1.4987 GBP/USD 1.9594 1.9872 2.0023 2.0301 2.0452 2.0730 2.0881 USD/JPY 108.19 109.34 111.30 112.45 114.41 115.56 117.52 EUR/JPY 158.39 160.14 161.79 163.54 […]
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December 152007
Canadian Dollar Falls Sharply
Canadian dollar declined to its 3-month lowest value against U.S. dollar this week continuing the correction, which began on November 7. USD/CAD gained about 1.3 percent this week going up from 1.0040 to 1.0170 making it sixth bullish week in a row — first such bullish sequence since February-March of this year. CAD started to lose against its southern neighbor after Canadian Prime Minister […]
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