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Day: April 30, 2011
April 302011
Forex Technical Analysis for Week 05/02—05/06
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4183 1.4338 1.4571 1.4726 1.4959 1.5115 1.5347 GBP/USD 1.6192 1.6312 1.6507 1.6627 1.6822 1.6942 1.7137 USD/JPY 78.80 79.92 80.55 81.67 82.30 83.42 84.05 EUR/JPY 115.18 116.84 118.51 120.17 121.85 123.51 125.18 GBP/JPY 131.11 132.59 134.09 135.57 137.07 […]
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April 302011
US Dollar — Loser of the Month
The US dollar showed a monthly decline against all of its major counterparts on the Forex market in April, confirming its long-term downward trend even against the currencies closely connected with the US economy. The greenback demonstrated the worst month against the euro since September 2010 and the worst month against the Great Britain pound since last July. It also managed to slid against the Canadian dollar, which wasn’t feeling great […]
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