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Day: August 15, 2009
August 152009
U.S. Consumer Confidence Affects Euro Perfomance
The euro was affected towards the end of this week’s session as U.S. consumer sentiment declined, raising risk aversion among traders which opted mostly for the yen and the dollar to protect their assets. The euro closed this week nearly neutral from its opening price 5 days ago versus the greenback as multiple factors caused a high volatility for the Eurozone currency. This Friday, unexpected reports moved markets and two of the main […]
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August 152009
Forex Technical Analysis for 08/1708/21 Week
EUR/USD trend: sell. GBP/USD trend: buy. USD/JPY trend: sell. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3782 1.3968 1.4075 1.4261 1.4368 1.4554 1.4662 GBP/USD 1.6150 1.6400 1.6541 1.6792 1.6933 1.7183 1.7324 USD/JPY 91.91 93.13 95.34 96.56 98.78 100.00 102.21 EUR/JPY 131.60 […]
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