Day: November 30, 2013

November 30
2013

Yen Among Biggest Losers Over Week & Month

The Japanese yen was among the biggest losers on the Forex market this week and this month. It looks like traders believe that Japanese policy makers will inevitably add monetary stimulus, weakening the currency further. The week started poorly for the yen, which was falling due to risk appetite. The minutes of the latest Bank of Japan monetary policy meeting showed that some members of the Board were concerned that the inflation […]

Read more
November 30
2013

Forex Technical Analysis for Week 12/02–12/06

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3376 1.3433 1.3508 1.3564 1.3640 1.3696 1.3771 GBP/USD 1.5954 1.6043 1.6205 1.6294 1.6456 1.6545 1.6706 USD/JPY 100.01 100.57 101.49 102.04 102.96 103.52 104.43 EUR/JPY 134.82 135.92 137.51 138.60 140.20 141.29 142.88 GBP/JPY 160.66 162.16 164.88 166.38 169.10 […]

Read more