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Day: March 19, 2011
March 192011
Week of Volatile Unpredictable Moves of Yen
This week of volatility and uncertainty for the yen ended and its time to gauge the performance of the currency. And it’s truly a hard endeavor as the Japanese currency posted a weekly gain against some majors, a weekly loss versus others and even ended flat against the pound after the mind-boggling swings. The yen posted huge gains in the first half of the week as the series of disasters spurred the wave of demand for safety. The earthquake followed by the tsunami and the resulting threat of a radiation leak […]
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March 192011
Forex Technical Analysis for Week 03/21—03/25
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3635 1.3745 1.3963 1.4073 1.4291 1.4401 1.4619 GBP/USD 1.5782 1.5880 1.6056 1.6154 1.6330 1.6428 1.6604 USD/JPY 71.26 73.87 77.22 79.83 83.18 85.79 89.14 EUR/JPY 99.81 103.21 108.74 112.14 117.67 121.07 126.60 GBP/JPY 114.69 118.61 124.70 128.62 134.71 […]
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