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…
More on page 11227
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…
More on page 11216
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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Concern over How Markets and U.S. Economy Will Tolerate Fed Wind-Down of QE3
larrygreenberg @ May 13, 2013 # Comments Off
Equities and bonds are reacting adversely to a WSJ article on May 10, claiming that Fed officials are starting to plan for phased reductions in monthly asset purchases (i.e., the third round of quantitative easing) but still undecided about exact timin…
More on page 11206
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
EUR/USD Climbs on Good Data from Germany
ForexBlogger @ May 8, 2013 # Comments Off
EUR/USD climbed today after the report showed that German industrial production unexpectedly expanded 1.2 percent in March. (Event A on the chart.) This week is poor on economic data from the United States, but a …
More on page 11135
Forex Technical Analysis for Week 05/06–05/10
ForexBlogger @ May 4, 2013 # Comments Off
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot
1st Res
2nd Res
3rd Res
EUR/USD
1.2806
1.2919
1.3018
1.3130
1.3229
1.3341
1.3440
GBP/USD
1.5347
1.5406
1.5486
1.5545
1.5624
1.5684
1.5763
USD/JPY
95.33
96.16
97.59
98.43
99.86
100.69…
More on page 11124