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Day: July 4, 2009
July 42009
Forex Technical Analysis for 07/0607/10 Week
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3563 1.3694 1.3875 1.4006 1.4186 1.4318 1.4498 GBP/USD 1.5893 1.6050 1.6286 1.6444 1.6679 1.6837 1.7073 USD/JPY 92.83 93.85 94.53 95.55 96.22 97.24 97.92 EUR/JPY 128.28 […]
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July 42009
Dollar Climbs as Safety Demand Rises on Markets
The dollar ended this week posting gains versus all 6 major currencies, as another wave of pessimism caused by grim reports in U.S. and U.K. spurred demand for the safety of the greenback. Commodity linked currencies like the Australian dollar, and emergent-markets currencies like the South Korean won posted significant losses against the greenback, after a report in U.S. indicated more-than-expect job cuts, […]
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