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The Euro is still inclining against all majors

By:   Crown Forex
  • 26-12-2007
0
votes
 
(GBP/JPY)
 
Due to the holiday's thin volume, the pair GBPJPY stayed calm, between the 223.80 levels and 227.12, we see another adjustment towards the upside.
Support226.14 225.81 225.31 224.76 224.32
Resistance226.53 226.97 227.41 227.74 228.07

Recommendation

...

(EUR/JPY)
 
The Euro is still inclining against all majors, yet with the holidays' thin volume, it looks like its going to stay calm between 164.70 and 167.70, while the wider range is between 162.31 and 164.73.

Support164.35 164.04 163.70 163.45 163.11
Resistance164.73 164.89 165.20 165.75 166.10

Recommendation

...

(EUR/GBP)
 
The target at 0.7300 almost met, we don’t expect further hikes above it before the New Year, yet it looks very supported from the downside with a slight possibility to go below 0.7230.

Support0.7245 0.7230 0.7220 0.7210 0.7195
Resistance0.7270 0.7280 0.7290 0.7300 0.7325

Recommendation

...

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Next Analysis: GBP/USD - Strong resistance level at 1.9850
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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