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By: Crown Forex - 06-12-2007
0votes(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
...
Next Analysis: BoE Decision today: market clearly voting for a cut. ECB's Trichet in a tough spot at today's press conference.Content Provided by:
Crown Forex
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 de
DISCLAIMER:
The above may contain information for investors/traders and is not a recommendation to buy or sell currencies, gold, silver & energies, nor an offer to buy or sell currencies, gold, silver & energies. The information provided is obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. I am not liable for any losses or damages, monetary or otherwise that result. I recommend that anyone trading currencies, gold, silver &energies should do so with caution and consult with a broker before doing so. Prior performance may not be indicative of future performance. Currencies, gold, silver &energies presented should be considered speculative with a high degree of volatility and risk
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