Day: July 27, 2013

July 27
2013

Dollar Soft Ahead of Fed Meeting

The US dollar was broadly lower this week against most currencies, including the Japanese yen, which was unexpectedly strong. Traders were selling dollar ahead of next week’s meeting of the Federal Reserve members. Without any important event during the current week, traders were focusing on the future and speculating if the US central bank maintains stimulus or no. The Fed members will meet next week and will announce […]

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July 27
2013

Forex Technical Analysis for Week 07/29–08/02

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3017 1.3075 1.3178 1.3237 1.3340 1.3399 1.3502 GBP/USD 1.5108 1.5182 1.5285 1.5359 1.5461 1.5536 1.5638 USD/JPY 94.54 96.24 97.20 98.90 99.85 101.56 102.51 EUR/JPY 126.74 128.40 129.38 131.05 132.03 133.70 134.67 GBP/JPY 146.50 148.60 149.81 151.92 153.13 […]

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