Day: February 11, 2012

February 11
2012

Euro Posts Weekly Gains, Future Remains Uncertain

The euro posts gains this week even though it’s unclear whether Greece would receive the next portion of the planned €130 billion bailout. The future of the euro remains uncertain as a good outcome of the Greek story is in no way guaranteed. Sentiment about the situation in Greece was changing for the whole week, but it hasn’t deterred the euro from rising. It looked like the week would end on a positive note, but […]

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February 11
2012

Forex Technical Analysis for Week 02/13—02/17

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2748 1.2888 1.3042 1.3182 1.3336 1.3476 1.3630 GBP/USD 1.5481 1.5605 1.5679 1.5803 1.5877 1.6001 1.6075 USD/JPY 75.43 75.96 76.76 77.29 78.09 78.62 79.42 EUR/JPY 96.97 98.41 100.41 101.85 103.85 105.29 107.29 GBP/JPY 118.08 119.27 120.77 121.96 123.46 […]

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