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Day: March 12, 2011
March 122011
Forex Technical Analysis for Week 03/14—03/18
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3475 1.3613 1.3758 1.3896 1.4041 1.4179 1.4324 GBP/USD 1.5561 1.5768 1.5926 1.6133 1.6291 1.6498 1.6656 USD/JPY 79.61 80.62 81.26 82.27 82.91 83.92 84.56 EUR/JPY 110.41 111.67 112.75 114.01 115.09 116.35 117.43 GBP/JPY 126.78 128.82 130.26 132.30 133.74 […]
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March 122011
Euro Slows Decline by Weekend, Posts Weekly Losses
The euro weakened against other major currencies this week as the worries about the sovereign-debt crisis reemerged. The shared 16-nation European currency strengthened by the end of the week as the European leaders met to discuss the measures to deal with the problem, but the gains of the euro weren’t enough to offset earlier losses. The theme of the European debt has gone from news recently, but it returned prominently this week. The credit ratings of Greece and Spain were […]
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