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Day: November 3, 2012
November 32012
Weekly Recap: Dollar Gains amid Positive US Fundamentals
The US dollar gained this week as positive macroeconomic data from the United States increased the attractiveness of the currency, even as the risk sentiment turned positive. Hurricane Sandy sent markets in turmoil at the beginning of the week, but trading rather quickly returned to normality. There were quite a few positive reports from the USA, though many were postponed because of the cyclone. Among positive data were reports about housing, employment and others […]
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November 32012
Forex Technical Analysis for Week 11/05â11/09
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2560 1.2690 1.2760 1.2890 1.2959 1.3089 1.3159 GBP/USD 1.5787 1.5896 1.5956 1.6065 1.6124 1.6233 1.6293 USD/JPY 78.17 78.72 79.57 80.12 80.97 81.52 82.36 EUR/JPY 100.41 101.28 102.23 103.10 104.04 104.92 105.86 GBP/JPY 124.76 125.89 127.34 128.46 129.92 […]
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