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Day: July 17, 2010
July 172010
Euro Strengthens This Week a Bit
The euro moved up and down this week as the investor sentiment improved after Greece and Spain auctioned their debts, but the gains of the currency were restrained by the concern for the global growth, fueled by the bad economic indicators of the U.S. economy. The euro dropped against the U.S. dollar on Monday, then was rising for the three day, and on Friday slightly fell again. The moves versus the Japanese yen were rather volatile as every day of losses were […]
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July 172010
Forex Technical Analysis for Week 07/19—07/23
EUR/USD trend: sell. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: sell. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2148 1.2335 1.2631 1.2818 1.3114 1.3301 1.3597 GBP/USD 1.4485 1.4717 1.5007 1.5239 1.5529 1.5761 1.6051 USD/JPY 82.66 84.45 85.56 87.35 88.46 90.25 […]
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