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Day: June 12, 2010
June 122010
Weekly Movement of Euro
This was not bad week for the euro as the currency rose against some other majors, though the European currency is far from doing well as many other most-traded currencies outperformed it. The euro has begun this week against the U.S. dollar and the Japanese yen from an unfavorable starting position as the possibility of the default in Hungary caused concern that the sovereign-debt crisis is spreading, which caused the drop of the euro. Then […]
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June 122010
Forex Technical Analysis for Week 06/1406/18
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: hold. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.1431 1.1693 1.1830 1.2092 1.2229 1.2490 1.2627 GBP/USD 1.3985 1.4206 1.4329 1.4549 1.4672 1.4893 1.5016 USD/JPY 88.31 89.42 90.65 91.76 92.99 94.11 […]
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