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Day: July 26, 2014
July 262014
Australian Dollar Ends Week Among Best Performing Currencies
The Australian dollar was among the best performers on the Forex market this week despite the risk-negative sentiment. Both domestic and overseas news contributed to the currency’s strength. Domestically, the Aussie received boost from the Australian inflation data. As for news outside of Australia, the positive manufacturing report from China, the biggest trading partner of the South Pacific nation, contributed to the strength of the Australian currency. The negative traders’ mood was still weighing on the currency, limiting gains […]
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July 262014
Weekly Forex Technical Analysis (Jul 28 — Aug 1)
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3255 1.3338 1.3383 1.3466 1.3511 1.3593 1.3639 GBP/USD 1.6786 1.6873 1.6924 1.7011 1.7063 1.7150 1.7201 USD/JPY 100.63 100.91 101.37 101.65 102.11 102.39 102.85 EUR/JPY 135.33 135.84 136.30 136.82 137.28 137.79 138.25 GBP/JPY 171.62 172.11 172.49 172.98 173.36 […]
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