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Day: March 13, 2010
March 132010
Forex Technical Analysis for Week 03/1503/19
EUR/USD trend: buy. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: hold. GBP/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3158 1.3297 1.3458 1.3597 1.3758 1.3897 1.4058 GBP/USD 1.4529 1.4677 1.4907 1.5055 1.5285 1.5433 1.5663 USD/JPY 86.31 87.22 88.75 89.66 91.19 92.10 […]
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March 132010
U.K. Housing Data Boosts Pound’s Rally
The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards U.K.’s economy. The pound pared some of the past weeks’ losses versus important currencies, specially the U.S. dollar after a report showed this Friday that house prices increased considerably in the monthly comparison, being that positively interpreted […]
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March 132010
Dollar Down Before Weekend on Riskier Bets
Currencies tied to growth outperformed the U.S. dollar as risk appetite was predominant before foreign-exchange markets closed this Friday, considering that retail sales in North America expanded in the monthly comparison, raising optimism to higher levels among investors. Oddly enough, like during the worst moments of the global slump last year, a positive U.S. report affected the appeal towards the greenback after retail sales rose in February, according to a report […]
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