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Day: August 3, 2013
August 32013
Weekly Losses of Sterling Limited by Positive Fundamentals
The Great Britain pound weakened this week against the US dollar and the euro, but losses were limited because of favorable fundamentals. The currency was also falling versus the Japanese yen, but managed to rebound by the weekend. The pound was soft ahead of the Bank of England policy meeting on speculations that stimulus will remain in place. Yet the currency surged after the gathering even though the central bank indeed kept monetary accommodation. […]
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August 32013
Forex Technical Analysis for Week 08/05â08/09
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3041 1.3114 1.3199 1.3271 1.3356 1.3429 1.3514 GBP/USD 1.4809 1.4955 1.5120 1.5266 1.5431 1.5577 1.5742 USD/JPY 95.26 96.42 97.63 98.78 99.99 101.15 102.36 EUR/JPY 127.14 128.23 129.77 130.86 132.39 133.48 135.01 GBP/JPY 145.79 147.01 149.05 150.28 152.32 […]
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