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Day: December 19, 2009
December 192009
Brazilian Real Falls Further on Risk Aversion, Currency Outlook
The Brazilian currency posted the second straight week of losses versus the U.S. dollars and several other currencies as risk aversion was predominant in this week’s session forcing investors back to safer bets in refuge currencies like the yen and the Swiss franc. After speculations suggesting that Brazil’s real is overpriced spread out in financial markets worldwide, the South American currency did not manage to revert its past week’s losing […]
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December 192009
Forex Technical Analysis for 12/2112/25 Week
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: buy. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3746 1.4003 1.4170 1.4427 1.4594 1.4852 1.5018 GBP/USD 1.5637 1.5844 1.5996 1.6203 1.6355 1.6562 1.6714 USD/JPY 86.31 87.31 88.90 89.89 91.48 92.47 […]
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