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Day: July 24, 2010
July 242010
Forex Technical Analysis for Week 07/26—07/30
EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: buy. EUR/JPY trend: buy. GBP/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2452 1.2592 1.2748 1.2888 1.3044 1.3185 1.3341 GBP/USD 1.4880 1.5002 1.5205 1.5327 1.5529 1.5651 1.5854 USD/JPY 85.41 85.87 86.65 87.11 87.88 88.34 […]
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July 242010
Loonie Weekly Recovery Stocks and Oil
The Canadian dollar managed to grow this week and almost recovered from the last week’s losses against the U.S. dollar, as the the global stock markets gains combined with an excellent dynamics of the crude oil pushed CAD. The currency also rose against the euro despite a strong support for the latter from the stress test speculations. While the Canadian stocks performed quite well during this week (S&P/TSX rose by about 1.31 percent), crude […]
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