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Technical Analysis
By: Crown Forex - 19-12-2007
0votes(GBP/JPY)
The Pound settled against the Yen that was due to low volume and was seen clearly yesterday and since today morning, though the general trend remains to the upside, the short term indicators are yet to show us the correction is fully over, and the point at 227.35 seems to offer good demand for the pair.Support 227.85 227.35 226.86 226.36 225.81 Resistance 228.29 228.79 229.29 229.67 230.06 Recommendation
... (EUR/JPY)
The Euro also settled against the Yen as low volume was the obvious seen thing since early this morning, the general trend for the pair remains to the upside, but the short term indicators are showing a downside potential, and the point at 162.34 seems to offer good demand for the pair.Support 163.03 162.77 162.55 162.34 162.15 Resistance 163.21 163.43 163.63 163.88 164.06 Recommendation
... (EUR/GBP)
The Euro gained against the Pound yesterday and continued its upside wave today morning to progress its upside general trend, yet the short term indicators are yet to show the full reversal to the upside, and the point at 0.7123 seems to offer good demand for the pair.Support 0.7144 0.7134 0.7123 0.7110 0.7100 Resistance 0.7159 0.7170 0.7181 0.7195 0.7210 Recommendation
...
Next Analysis: EURCHF - Trading range: price action should remain range bound between 1.6605 and 1.6550.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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