Fundamental

Technical

Futures

Central Banks

Forex Brokers

Trading Tools


Crosses


  

The Pound inclined against the Yen as investors returned to Carry Trades

By:   Crown Forex
  • 12-10-2007
0
votes
 
View Comments (0)
Previous Analysis | Next Analysis
Text Size
Print
Email
Add a Comment

(GBP/JPY)
 
The Pound inclined against the Yen as investors returned to Carry Trades, the technical parameters adjusted to show an upside potential to progress the pair's upside general trend, the targets are set to be at the 229.10s then 230.30s, and the point at 226.08 seems to offer good demand for the pair.

Support226.86 226.53 226.08 225.59 225.35
Resistance227.35 227.74 228.29 228.79 229.29

Recommendation

...

(EUR/JPY)
 
The Euro settled against the Yen but its inclining gradually as investors are back on holding Carry Trades, the General trend for the pair remains well to the upside, and targets are set at 164.10s on the short term and the 168..40s on the long term, and the point at 162.97 seems to offer good demand for the pair.

Support163.47 163.20 162.97 162.66 162.39
Resistance163.74 164.04 164.31 164.58 164.89

Recommendation

...

(EUR/GBP)
 
The Euro declined slightly against the Pound in a correctional move as the pair inclined heavily last week, yet the general trend remains well to the upside, and targets are set at the 0.7227s then 0.7250s, while the point at 0.7195 seems to offer good demand for the pair.

Support0.7210 0.7195 0.7181 0.7170 0.7159
Resistance0.7220 0.7230 0.7245 0.7260 0.7270

Recommendation

...

Share:
Digg
Del.icio.us
Add to Mixx! Mixx it!
 Reddit!
 Wikio
Next Analysis: EUR/USD - The daily trend remains bearish
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 ...

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


Comments
Add a Comment
Title:
Your Opinion:
Become a member and get 6 free Forex courses by Online Trading Academy!
 

 
  • Chart
 

 
  • Survey

Have you ever attended an investing related conference?

Yes I'm a conference junkie
From time to time
Only once
Not yet but I'm going to
Never

 
ForexPros.com Newsletter
 

 
  • Sponsored Links
 
 

Special Offers: