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Day: March 20, 2010
March 202010
Forex Technical Analysis for Week 03/2203/26
EUR/USD trend: hold. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: sell. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3101 1.3301 1.3416 1.3616 1.3731 1.3931 1.4046 GBP/USD 1.4460 1.4719 1.4865 1.5124 1.5270 1.5529 1.5675 USD/JPY 88.91 89.33 89.94 90.36 90.97 91.39 […]
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March 202010
Dollar Ends Week Advancing on Uncertainties
The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week’s trading session as multiple events worldwide set risk aversion to higher levels, as the news released today indicated negative surprises for financial markets’ investors. The Dow Jones Industrial Average fell for the first day in almost two weeks today, in a day were pessimist reigned and commodities and equities fell globally, bringing investors […]
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March 202010
Recession’s Return Sets Pound Down
The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week’s session, setting the pound to plunge once again paring the advances earned during the middle of the week. The economic situation in England is really having a hard time to pick up, and today, after Bank of England policy maker Andrew Sentance affirmed today that the United Kingdom may […]
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