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Day: September 4, 2010
September 42010
Weekly Performance of Swiss Franc: Up vs. Dollar, Flat vs. Euro
The Swiss franc, which is consider the safe currency, rose against the euro in the first half of this week as demand for the safety increased, but slumped in the second half as the risk appetite improved. The franc slid versus the greenback at the end of the week, but decline wasn’t strong enough to erase the previous gains. The Swiss currency was bolstered by the concerns for the economic growth at the beginning of this week. The whole world looks on the US economy to evaluate the stability […]
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September 42010
Forex Technical Analysis for Week 09/06—09/10
EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: hold. 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 1.2443 1.2534 1.2714 1.2805 1.2985 1.3076 1.3256 GBP/USD 1.5085 1.5205 1.5334 1.5454 1.5583 1.5703 1.5832 USD/JPY 81.19 82.43 83.42 84.66 85.65 86.89 […]
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