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Day: March 8, 2008
March 82008
Forex Technical Analysis for 03/10—03/14 Week
EUR/USD trend: hold. GBP/USD trend: hold. 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 1.4872 1.5008 1.5182 1.5318 1.5492 1.5628 1.5802 GBP/USD 1.9339 1.9530 1.9832 2.0023 2.0325 2.0516 2.0818 USD/JPY 98.56 99.98 101.33 102.75 104.10 105.52 106.87 EUR/JPY 152.74 […]
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March 82008
Dollar Loses 4th Straight Week vs. Euro
The U.S. dollar has lost a fourth straight week against the European currency (and against the pound and the yen as well) as the whole week was filled with the bad economic news from the United States. The Fridays unexpected drop in the non-farm payrolls brought the dollar to a new historical minimum against the euro at 1.5454 euro/dollar. Surprisingly enough, it was the only […]
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