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Day: January 18, 2014
January 182014
AUD/USD Reaches Multi-Year Low Over Week
The Australian dollar sank this week, reaching a new multi-year low versus its US counterpart, as a very poor employment report reignited talks about a potential interest rate cut by the Australian central bank. Market participants were expecting decent jobs growth in Australia ahead of the government data. This made the actual report just more disappointing as it demonstrated a huge drop. It is likely that the Reserve Bank […]
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January 182014
Forex Technical Analysis for Week 01/20â01/24
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3280 1.3398 1.3462 1.3580 1.3644 1.3763 1.3827 GBP/USD 1.6110 1.6209 1.6309 1.6408 1.6508 1.6607 1.6706 USD/JPY 101.03 101.94 103.11 104.01 105.18 106.08 107.25 EUR/JPY 137.65 139.07 140.06 141.48 142.47 143.88 144.87 GBP/JPY 165.47 166.90 169.00 170.43 172.53 […]
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