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By:

Crown Forex

2007-06-12

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(GBP/JPY)

Fundamentals Interfered yesterday, as the Pound dropped against the Yen again, though the general trend is still to the upside, but the short term indicators are showing a downside potential, and the point at 223.32 seems to offer good demand for the pair.

Support	224.04	223.71	223.32	222.88	222.44
Resistance	224.37	224.76	225.31	225.75	226.25
Recommendation	...

(EUR/JPY)

The Euro also dropped against the Yen, as the short term indicators are showing a downside potential though the general trend for the pair remains well to the upside, and the first target in which the pair has to reach is the 163.80s, and the point at 160.60 seems to offer good demand for the pair.

Support	161.25	160.84	160.60	160.37	160.13
Resistance	161.52	161.85	162.16	162.39	162.63
Recommendation	...

(EUR/GBP)

Fundamentals interfered to drop the Pound against the Euro as the pair inclined heavily, but the pair declined back slightly today though the general trend is still to the upside, the short term indicators show an upside potential as well, and the point at 0.7180 seems to offer good demand for the pair.

Support	0.7195	0.7210	0.7220	0.7230	0.7245
Resistance	0.7181	0.7170	0.7159	0.7144	0.7134
Recommendation	...

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CROWN FOREX SA, located at St-Hubert 38, 2854 Bassecourt, P.o.box 247, Switzerland, is fully regulated as a financial intermediary under Swiss federal law on the prevention of money laundering (LBA, MLA). Our company is also affiliated with the ARIF association, thus overseen by the Swiss federal ...

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