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Day: November 22, 2008
November 222008
Forex Technical Analysis for 11/24—11/28 Week
EUR/USD trend: sell. 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 1.2012 1.2218 1.2402 1.2608 1.2792 1.2998 1.3182 GBP/USD 1.4048 1.4352 1.4639 1.4943 1.5230 1.5534 1.5821 USD/JPY 89.82 91.69 93.82 95.69 97.82 99.69 101.82 EUR/JPY 108.80 […]
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November 222008
Canadian Dollar Slid This Week as Oil Declined
The Canadian dollar declined against the U.S. dollar for the second week in a row as the oil and commodities prices continued to drop on the worsening global economy outlook. The Bank of Canada Commodity Price Index dropped to 181.63 this week — its lowest level since 2005, while oil prices dropped below $50. Commodity exports are very important for the Canadian economy as they […]
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