Day: April 28, 2012

April 28
2012

Bank of Japan Not Able to Spoil Good Week for Yen

The Japanese yen gained this week against other major currencies and headed to the biggest monthly gain since June against the US dollar on fears of the crisis in Europe and concerns that the health of the US economy is not as good as was previously considered. The yen behaved in similar pattern against different currencies. It was rising on Monday, fell and erased most of its gains in the next two days, but surged in the last two […]

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April 28
2012

Forex Technical Analysis for Week 04/30—05/04

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2984 1.3044 1.3149 1.3209 1.3314 1.3374 1.3479 GBP/USD 1.5931 1.6003 1.6134 1.6206 1.6337 1.6409 1.6540 USD/JPY 78.25 79.22 79.74 80.71 81.23 82.20 82.72 EUR/JPY 104.13 105.14 105.76 106.77 107.39 108.40 109.02 GBP/JPY 128.23 129.21 129.86 130.84 131.49 […]

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