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Day: October 13, 2012
October 132012
Mixed Week for Dollar Starts with Fear, Ends with Hope
The US dollar had a mixed week as initial risk aversion was weakened by the weekend. The first half of this week was good for the currency, but the market mood changed in the second half, reducing both gains and losses of the greenback. The major cause for worries this week was Spain as the country did not request a bailout still. The nation’s credit rating was downgraded by Standard & Poor’s. At first, that event caused risk […]
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October 132012
Forex Technical Analysis for Week 10/15â10/19
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2644 1.2734 1.2844 1.2935 1.3045 1.3135 1.3246 GBP/USD 1.5821 1.5898 1.5987 1.6064 1.6152 1.6229 1.6318 USD/JPY 77.14 77.54 77.96 78.36 78.78 79.17 79.59 EUR/JPY 97.93 99.03 100.29 101.38 102.64 103.74 104.99 GBP/JPY 122.49 123.60 124.80 125.92 127.12 […]
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October 132012
Forex Brokers Update — October 13th, 2012
No new brokers — just a small update this week: Descriptions of 11 more companies now feature a full list of the available currency pairs. United World Capital introduces a new account type — STP. $5,000 minimum with both MetaTrader 4 and MetaTrader 5 platforms. Tadawul FX changed a lot of conditions on their existing account types, lowering the minimum sizes for big accounts and increasing for mini. Additionally, a new account […]
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