Day: January 11, 2014

January 11
2014

Forecast: Euro in 2014

The euro was one the best-performing currencies by the end of 2013, but was experiencing weakness at the start of this year. Can the shared 17-nation currency keep its gains and continue the rally or will it fail under the weight of eurozone problems? Specialists have different take on the matter. As in the case of the dollar, the performance of the euro greatly depends on monetary policy of the central bank, which in turn, depends of the health of the economy. DailyFX believes that the European Central […]

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January 11
2014

Forex Technical Analysis for Week 01/13–01/17

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3444 1.3496 1.3582 1.3634 1.3720 1.3772 1.3858 GBP/USD 1.6194 1.6265 1.6373 1.6445 1.6552 1.6624 1.6731 USD/JPY 102.05 102.94 103.55 104.43 105.04 105.93 106.54 EUR/JPY 139.86 140.68 141.52 142.34 143.19 144.00 144.85 GBP/JPY 167.57 168.98 170.31 171.71 173.04 […]

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