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Day: September 26, 2009
September 262009
Canadian Dollar Drops Sharply on Oil Rates
The Canadian dollar had one of the worse weekly performances in months as a decline in crude oil prices towards the end of this week affected negatively the loonie’s outlook, considering the energetic commodity as one of the main exports of the North American nation. Several reasons changed a rather bullish tone regarding the Canadian currency as a U.S. dollar with improved attractiveness and a downturn in commodities markets shifted the winning trend of the Canadian currency which touched a one-year high […]
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September 262009
Forex Technical Analysis for 09/2810/02 Week
EUR/USD trend: sell. GBP/USD trend: hold. USD/JPY trend: buy. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4309 1.4412 1.4561 1.4664 1.4813 1.4916 1.5065 GBP/USD 1.5649 1.5939 1.6104 1.6394 1.6559 1.6849 1.7014 USD/JPY 88.87 89.49 90.39 91.01 91.91 92.53 93.43 EUR/JPY 128.65 […]
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