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Day: June 25, 2011
June 252011
Week of Worries — Week of Gains for Franc
The Swiss franc gained almost every day against other currencies this week, resulting in an impressive weekly gain for the safe currency. Last week the franc was loser even as market participants were worried about Greece and the upcoming vote of confidence. The Prime Minister won the vote and behold: the concerns intensified and the franc rallied unstoppably. This twist can be explained by the future vote for the austerity measures that is even more […]
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June 252011
Forex Technical Analysis for Week 06/27—07/01
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3745 1.3935 1.4061 1.4251 1.4377 1.4567 1.4693 GBP/USD 1.5515 1.5725 1.5841 1.6051 1.6167 1.6377 1.6493 USD/JPY 79.23 79.62 80.01 80.40 80.79 81.18 81.57 EUR/JPY 110.96 112.27 113.19 114.50 115.42 116.73 117.65 GBP/JPY 125.21 126.72 127.50 129.01 129.79 […]
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