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The Euro declined yesterday against the Pound

By:   Crown Forex
  • 18-12-2007
0
votes
 

(GBP/JPY)
 
The Pound was almost stable against the Yen as the pair doesn't have the enough momentum nor volume to fluctuate noticeably, it seems that a flat trend is to be seen over the short term even if the general trend remains well to the upside, and the point at 227.96 seems to offer good demand for the pair.


Support228.29 227.96 227.52 227.08 226.58
Resistance228.85 229.29 229.62 230.06 230.34

Recommendation

...

(EUR/JPY)
 
The Euro also was stable this morning against the Yen as low volume is not providing the pair with any momentum, but the general trend remains well to the upside, and the target is set to be at the 165.00s, and the point at 165.22 seems to offer good demand for the pair.

Support162.76 162.56 162.22 161.99 161.65
Resistance162.97 163.20 163.54 163.81 164.04

Recommendation

...

(EUR/GBP)
 
The Euro declined yesterday against the Pound as the short term technical indicators are still showing a downside potential, yet the long term trend remains well to the upside, and the point at 0.7090 seems to offer good demand for the pair.


Support0.7123 0.7110 0.7100 0.7090 0.7080
Resistance0.7134 0.7144 0.7159 0.7170 0.7181

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 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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