Welcome to Top Gold Forum
Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, post status updates, manage your profile and so much more. If you already have an account, login here - otherwise create an account for free today!
USD/JPY: The market is still trading in a rather tight range. The pair is ranged between 79.50 and 80.20. Looking up we see resistance at 80.23. Above that we see 81.00 and 81.80. Alternatively we see first support at 79.50. AVAFX - Start trading with as little as $100.
USD/CHF: The market is struggling around 0.9320. This is an important level of resistance. A move above that can test 0.9400. Looking down, we see first support at 0.9250. Below that sees 0.9200. AVAFX - Start trading with as little as $100.
EUR/USD: The Euro continues to fall towards the January lows. We see support 1.2622 (January low) which if holds will be good for this market. While below the resistance and May high at 1.3283, the Euro remains weak. Key resistance remains at 1.3080, but he market must accelerate through the key level at 1.3000 first. Looking down supports are at 1.2880 and 1.2810. AVAFX - Start trading with as little as $100.
GBP/USD: The market is seeing some signs of a medium term top forming around the 2012 high at 1.6300. Looking down, we see first support at 1.6100 and then 1.6075 as key support and below that exposes 1.5800. Alternatively, we see the 2012 high at 1.6300 as a key resistance level. AVAFX - Start trading with as little as $100.
JPY Dropping Further Monday, 19 Mar 2012 11:31:09 GMT The euro made significant gains against the yen as the Japanese currency continues to drop further than analysts predicted. As of early Monday afternoon, the euro was trading against the yen at a rate of 109.81. This marks a five month high for the EUR/JPY pair. AVAFX - Start trading with as little as $100.