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Day: July 10, 2010
July 102010
Weekly Movement of U.S. Dollar
The U.S. dollar posted gains against the Great Britain pound and the Japanese yen this week, on the other hand, the greenback fell versus the euro, extending its losses for the second week. The speculations that the economic recovery gains momentum and the statement of Jean-Claude Trichet, that the European economy fares better than most market participant think, bolstered the euro against the dollar, despite some losses in the beginning and the end of the week. The week was […]
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July 102010
Forex Technical Analysis for Week 07/12—07/16
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. 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 1.2265 1.2372 1.2506 1.2613 1.2747 1.2854 1.2988 GBP/USD 1.4807 1.4928 1.4996 1.5117 1.5185 1.5306 1.5374 USD/JPY 85.85 86.43 87.53 88.11 89.21 89.79 […]
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