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The Pound gained against the Yen
By: Crown Forex - 14-12-2007
0votes(GBP/JPY)
The Pound gained against the Yen, as carry traders gave the pair some momentum to incline back to reach near the first target above the 230.00s, and now the next target is set to be at the 230.60s level, the general trend is up and the point at 227.91 seems to offer good demand for the pair.Support 229.29 228.85 228.35 227.91 227.52 Resistance 229.78 230.17 230.45 230.89 231.22 Recommendation
... (EUR/JPY)
The Euro is still consolidating against the Yen, as the pair is yet to gather some momentum to reach the upside targets at 165.00s to continue the pair's upside general trend, and the point at 163.44 seems to offer good demand for the pair.Support 164.04 163.78 163.44 163.20 162.97 Resistance 164.21 164.42 164.65 164.89 165.29 Recommendation
... (EUR/GBP)
The Euro declined against the Pound, as it seems the pair is extending its downside correction, yet the general trend remains well to the upside, and the target remains intact at 0.7200s, and the point at 0.7144 seems to offer good demand for the pair.Support 0.7159 0.7144 0.7134 0.7123 0.7110 Resistance 0.7170 0.7181 0.7195 0.7220 0.7230 Recommendation
...
Next Analysis: Forex and Dow Jones recommended levelsContent 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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