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Day: May 15, 2010
May 152010
Dollar Strengthens vs. Euro & Pound, Declines vs. Loonie & Yen
The U.S. dollar rose against most other major currencies as the government reports signaled about the stable recovery of the U.S. economy, while other countries were troubled either with internal problems or by the impact of the European debt crisis on the global markets; the U.S. currency was experiencing volatility versus the Japanese yen and fell against it by the end of the week, also dropping against the Canadian dollar. The greenback was advancing steadily against the euro, […]
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May 152010
Forex Technical Analysis for Week 05/175/21
EUR/USD trend: hold. GBP/USD trend: buy. USD/JPY trend: sell. EUR/JPY trend: hold. GBP/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.1368 1.1861 1.2109 1.2602 1.2850 1.3342 1.3590 GBP/USD 1.3775 1.4135 1.4333 1.4693 1.4891 1.5252 1.5450 USD/JPY 89.56 90.61 91.54 92.59 93.52 94.57 […]
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