Day: June 29, 2013

June 29
2013

Dollar Gains for Second Week

The US dollar had another week of gains, posting the second weekly gain against other most-traded currencies, including the euro, the Great Britain pound and the Japanese yen. The main theme for Forex traders were the same as in the previous week: the potential tampering of Federal Reserve’s quantitative easing. It was expected that the dollar would extend its rally. The currency did not disappoint. Some policy makers attempted to soothe worries of investors, […]

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June 29
2013

Forex Technical Analysis for Week 07/01–07/05

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2783 1.2884 1.2949 1.3050 1.3115 1.3216 1.3281 GBP/USD 1.4778 1.4971 1.5090 1.5283 1.5401 1.5594 1.5713 USD/JPY 95.13 96.04 97.61 98.52 100.09 101.01 102.57 EUR/JPY 124.13 125.34 127.21 128.42 130.29 131.50 133.37 GBP/JPY 146.98 148.11 149.47 150.59 151.96 […]

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