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Day: June 18, 2011
June 182011
Week Ended Positively for Euro
The situation with Greece’s debt was hurting the euro during this week, but by the end of the week traders glimpsed a light in the end of the tunnel. New hopes for Greece emerged and that helped the European currency to erase losses. The beginning of the week didn’t bode well for the shared 17-nation European currency. The European Union leaders were divided on their views about measures to tackle the debt problems of Greece and the Greek government was in the face of collapse. […]
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June 182011
Forex Technical Analysis for Week 06/20—06/24
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3664 1.3868 1.4089 1.4293 1.4514 1.4718 1.4939 GBP/USD 1.5668 1.5872 1.6032 1.6236 1.6396 1.6600 1.6760 USD/JPY 78.62 79.31 79.67 80.36 80.72 81.41 81.77 EUR/JPY 109.91 111.70 113.12 114.91 116.33 118.12 119.54 GBP/JPY 125.52 127.42 128.50 130.40 131.48 […]
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