Day: August 28, 2010

August 28
2010

Dollar Demonstrates Mixed Week on Uncertainties

The US dollar posted a mixed week against the other currencies on Forex, as the investors didn’t seem to be certain of which direction to choose on worsening of the economic situation and intervention threats from Japan. The dollar fell for a first week in three against the euro and declined for a second week against the Japanese yen. Against the Great Britain pound, the greenback managed to grow for a third week in a row but the gain was minimal this time. The poor macroeconomic […]

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August 28
2010

Forex Technical Analysis for Week 08/30—09/03

EUR/USD trend: hold. GBP/USD trend: hold. USD/JPY trend: buy. EUR/JPY trend: buy. GBP/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2448 1.2518 1.2639 1.2709 1.2830 1.2900 1.3022 GBP/USD 1.5146 1.5259 1.5392 1.5505 1.5638 1.5751 1.5884 USD/JPY 81.90 82.74 83.97 84.82 86.05 86.89 […]

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