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Day: June 11, 2011
June 112011
Forex Technical Analysis for Week 06/13—06/17
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3839 1.4080 1.4213 1.4454 1.4587 1.4828 1.4961 GBP/USD 1.5878 1.6045 1.6136 1.6303 1.6394 1.6561 1.6652 USD/JPY 79.07 79.38 79.84 80.15 80.61 80.92 81.38 EUR/JPY 111.22 113.08 114.16 116.02 117.10 118.96 120.04 GBP/JPY 126.75 128.25 129.27 130.77 131.79 […]
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June 112011
Week of Relief for US Currency
The US dollar posted gains against other major currencies this week as the positive macroeconomic data improved outlook for the US economy and helped to attract investors to the currency. This week has brought good news for the US economy and currency, including the shrinking deficits of the trade balance and the federal budget, the rising import and export prices. These were a good signs, much needed after a wave of awful report in the previous weeks. The uncertainty about […]
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