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Day: December 17, 2011
December 172011
Loonie Still Feels Disappointment from EU Summit
The summit of the European Union nations last week set the mood for this week and it wasn’t the optimistic one. The Canadian dollar felt the weight of the negative sentiment, but the week wasn’t altogether bad for Canada’s currency. The outcome of the summit disappointed market participants. The United Kingdom walked away from the discussions, the agreements are looking too far away in the future without addressing the immediate concerns, the plans should be ratified by all the countries […]
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December 172011
Forex Technical Analysis for Week 12/19—12/23
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2429 1.2687 1.2864 1.3122 1.3299 1.3557 1.3734 GBP/USD 1.5165 1.5287 1.5414 1.5536 1.5663 1.5785 1.5912 USD/JPY 76.81 77.16 77.45 77.80 78.09 78.44 78.73 EUR/JPY 97.50 99.27 100.35 102.12 103.20 104.97 106.05 GBP/JPY 118.66 119.46 120.16 120.96 121.66 […]
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