Day: September 5, 2009

September 5
2009

Canadian Dollar Extend Gains on U.S. Optimism

The Canadian currency climbed even further before the end of this week’s session after optimism was renewed among traders with stocks and commodities climbing, After both Canada and the U.S. posted favorable reports regarding employment conditions. After a report published in Ottawa indicating a rise of 27,100 jobs for the month of August in Canada, reverting July’s negative figures, the loonie was benefited as stocks in Toronto also rose considerably. This Friday, […]

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September 5
2009

Forex Technical Analysis for 09/07—09/11 Week

EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3994 1.4086 1.4194 1.4285 1.4394 1.4485 1.4594 GBP/USD 1.5903 1.6008 1.6202 1.6307 1.6501 1.6605 1.6800 USD/JPY 90.51 91.22 92.11 92.83 93.72 94.44 95.33 EUR/JPY 128.21 […]

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