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Day: July 28, 2012
July 282012
Euro Posts First Week of Gains in Four Weeks
The euro posted the first weekly gain this month as Forex traders were more optimistic this week. There were several reasons for the good mood, but the most important one was the pledge of Mario Draghi, the President of the European Central Bank, to do all that is necessary for keeping the euro alive. Draghi promised “to do whatever it takes to preserve the euro”. The pledge was well-received by the FX market and led to risk […]
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July 282012
Forex Technical Analysis for Week 07/30—08/03
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.1761 1.1901 1.2110 1.2250 1.2459 1.2599 1.2808 GBP/USD 1.5238 1.5348 1.5547 1.5657 1.5856 1.5966 1.6165 USD/JPY 77.28 77.61 78.03 78.36 78.78 79.11 79.53 EUR/JPY 91.51 92.80 94.73 96.02 97.95 99.24 101.17 GBP/JPY 118.70 119.75 121.64 122.69 124.58 […]
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July 282012
Forex Brokers Update — July 28, 2012
There are not too many brokers’ updates this week but two new companies have been added: Goldstein Brokers is an unregulated broker with offices in Hungary and United Kingdom. They offer MetaTrader 4 accounts starting from just $1 and provide 1:400 leverage to traders. They support Moneybookers and bank transfer payments only: Goldstein Brokers MyTrade Markets is also an unregulated company but […]
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