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Day: May 9, 2009
May 92009
Forex Technical Analysis for 05/11—05/15 Week
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2611 1.2788 1.3031 1.3208 1.3451 1.3629 1.3872 GBP/USD 1.4208 1.4361 1.4641 1.4794 1.5074 1.5227 1.5507 USD/JPY 92.66 94.14 96.62 98.10 100.58 102.06 104.54 EUR/JPY 118.52 121.44 126.48 129.40 134.44 137.36 142.40 Woodie’s Pivot Points Pair 2nd Sup […]
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May 92009
Canadian Dollar Reacts on Strong Employment Data
After a bearish previous week, the loonie reached a 6-month high against the dollar as national employers added jobs and optimistic data from the U.S. indicate that the recession may be easing. During this week, the loonie was a fantastic investment for traders, rising more then 2.4 percent against the greenback, reaching a 6-month high. Canadas currency uptrend is being highly influenced by the growing demand for crude oil in Asia, which reached the price of $58 for a barrel in this […]
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