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Day: August 21, 2010
August 212010
Australian Dollar Falls This Week on Poor News for Riskier Assets
This week was volatile for the Australian dollar, but it generally declined against most other major currencies as the concern for the economic growth continues to haunt the markets. The currencies linked to the growth had hard time to sustain their strength as signs of the slower economic growth were coming from all parts of the world. The main source of the worries is, of course, the US with its economic data, which causes the talks about the possible […]
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August 212010
Forex Technical Analysis for Week 08/23—08/27
EUR/USD trend: sell. GBP/USD trend: sell. 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 1.2350 1.2507 1.2607 1.2764 1.2864 1.3021 1.3121 GBP/USD 1.5194 1.5330 1.5430 1.5566 1.5666 1.5802 1.5902 USD/JPY 83.62 84.25 84.95 85.58 86.28 86.91 […]
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