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Day: November 20, 2010
November 202010
Interesting Week for Australian Dollar
This week was rather interesting for the Australian dollar as it gained versus some currencies and fell against others. Against some currencies the Aussie experienced volatile swings, yet managed to end the week not very far from where it started. The US dollar and the euro are the examples of the currencies against which the Aussie closed near opening level after some volatile moves. The Australian dollar was falling against […]
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November 202010
Forex Technical Analysis for Week 11/22—11/26
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: sell. GBP/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3194 1.3321 1.3496 1.3623 1.3798 1.3925 1.4100 GBP/USD 1.5518 1.5679 1.5832 1.5993 1.6146 1.6307 1.6460 USD/JPY 81.23 81.81 82.63 83.21 84.03 84.61 […]
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November 202010
Canadian Dollar Rises vs. Greenback, Falls vs. Euro
The Canadian dollar fell today against the euro on the concern that China is going to slow its economic growth in order to battle the rising inflation. The Canadian currency fell also versus the US dollar but rebounded later. The speculation that the China would perform the measures to cut the inflation and prevent the asset-bubble hurt the stocks and commodities markets. The MSCI World Index of equities in developed nations fluctuated, following the previous decline of 0.6 percent. […]
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