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Day: March 27, 2010
March 272010
Dollar Confirms Another Weekly Gain on EU Crisis
The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets overseas, affecting also risk driven markets negatively. Despite the fact a French-German bailout plan for Greece was unveiled towards the end of this week, the EU couldn’t revert a strong negative sentiment towards assets in the region, specially after […]
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March 272010
Forex Technical Analysis for Week 03/2904/02
EUR/USD trend: hold. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: hold. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3101 1.3301 1.3416 1.3616 1.3731 1.3931 1.4046 GBP/USD 1.4460 1.4719 1.4865 1.5124 1.5270 1.5529 1.5675 USD/JPY 88.91 89.33 89.94 90.36 90.97 91.39 […]
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