Forex Technical Analysis for Week 05/27–05/31
ForexBlogger @ May 25, 2013 # No Comment Yet
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot
1st Res
2nd Res
3rd Res
EUR/USD
1.2658
1.2739
1.2836
1.2917
1.3015
1.3095
1.3193
GBP/USD
1.4731
1.4872
1.4998
1.5139
1.5266
1.5407
1.5533
USD/JPY
96.86
98.76
99.92
101.82
102.99
104.89&#…
More on page 11247
EUR/USD Edges Higher with Eurozone Manufacturing
ForexBlogger @ May 23, 2013 # Comments Off
EUR/USD edged higher today as manufacturing in the eurozone contracted with slower pace in May than in April. (Event A on the chart.) The data from the United States was good too, fueling speculations t…
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EUR/USD Fluctuates on Bernanke’s Comments
ForexBlogger @ May 22, 2013 # Comments Off
EUR/USD was swinging back and forth today as Federal Reserve Chairman Ben Bernanke sent mixed signals about the future monetary policy. At first, he warned about the danger of a premature ending to quantitative e…
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Forex Technical Analysis for Week 05/20–05/24
ForexBlogger @ May 18, 2013 # Comments Off
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot
1st Res
2nd Res
3rd Res
EUR/USD
1.2507
1.2652
1.2739
1.2884
1.2971
1.3115
1.3203
GBP/USD
1.4859
1.5008
1.5086
1.5235
1.5313
1.5462
1.5540
USD/JPY
99.87
100.56
101.92
102.61
103.96
104.65…
More on page 11229
EUR/USD Trickles Down
ForexBlogger @ May 17, 2013 # Comments Off
EUR/USD slumped today after erasing its rally and closing flat yesterday. There was no particular big event to cause the slump, but there are enough reasons for the currency pair to go down. Rumors that the European C…
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EUR/USD Rallies Even as Eurozone CPI Slows
ForexBlogger @ May 16, 2013 # Comments Off
EUR/USD rallied today, erasing its earlier decline, even as eurozone annual inflation was down from 1.7% in March to 1.2% in April. (Event A on the chart.) Absence of inflation pressure should allow the Euro…
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EUR/USD Down on GDP Reports from Eurozone
ForexBlogger @ May 15, 2013 # Comments Off
EUR/USD declined today, extending yesterday’s drop, after the release of data about economic growth in the eurozone countries. France and Italy remained in recession, while the German economy barely managed to&#…
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EUR Gains on USD as Europe Wants to Spur Growth
ForexBlogger @ May 13, 2013 # Comments Off
EUR/USD gained today on signs that European leaders are going to find new ways to boost economic growth of the eurozone. Previously, the euro was falling against the dollar as the positive data from the …
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Forex Technical Analysis for Week 05/13–05/17
ForexBlogger @ May 11, 2013 # Comments Off
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot
1st Res
2nd Res
3rd Res
EUR/USD
1.2621
1.2778
1.2881
1.3037
1.3140
1.3297
1.3400
GBP/USD
1.4965
1.5139
1.5248
1.5422
1.5532
1.5706
1.5816
USD/JPY
96.03
97.30
99.44
100.71
102.85
104.12&#…
More on page 11148
EUR/USD Retreats on Speculations ECB May Ease Policy Again
ForexBlogger @ May 9, 2013 # Comments Off
EUR/USD declined today, following yesterday’s rally, as European Central Bank policy makers told that the central bank has ability to ease the monetary policy further. At the same time, many economists believe that t…
More on page 11137