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Day: December 29, 2012
December 292012
Mixed Week for Dollar Ahead of Year-End
The US dollar had mixed performance this week. There was no particularly important news as markets were quiet amid the holiday season and currencies were moving without specific direction for the most part. The notable exception was the Japanese yen, which continued to weaken on intervention speculations. Without anything new, the potential fiscal cliff in the United States remained the major theme that moved the Forex market. It had vastly […]
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December 292012
Forex Technical Analysis for Week 12/31â01/04
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3041 1.3103 1.3159 1.3221 1.3277 1.3338 1.3394 GBP/USD 1.5945 1.6005 1.6085 1.6145 1.6225 1.6285 1.6366 USD/JPY 82.24 83.22 84.65 85.63 87.06 88.04 89.47 EUR/JPY 108.02 109.54 111.65 113.16 115.27 116.79 118.89 GBP/JPY 133.66 134.90 137.02 138.26 140.38 […]
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