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Day: January 21, 2012
January 212012
Australian Dollar Gains After Weeks of Losses
The Australian dollar gained against the US dollar and the Japanese yen this week after several weeks of losses. The Aussie ended flat against the euro after a long stretch of weekly gains. The Australian currency was rising for the most part of the week, supported by optimistic outlook for Europe and improving sentiment of Australian consumers. The Aussie (as the currency is often nicknamed) dropped by the end of the week as Australian employment unexpectedly dropped and fears of the European crisis returned […]
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January 212012
Forex Technical Analysis for Week 01/23—01/27
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2360 1.2495 1.2714 1.2849 1.3068 1.3203 1.3422 GBP/USD 1.5080 1.5179 1.5377 1.5476 1.5674 1.5773 1.5971 USD/JPY 75.78 76.16 76.56 76.94 77.34 77.72 78.12 EUR/JPY 94.33 95.69 97.62 98.98 100.91 102.27 104.20 GBP/JPY 115.58 116.46 118.21 119.09 120.84 […]
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