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Day: March 16, 2013
March 162013
AUD Gains vs. Other Majors over the Week
The Australian dollar gained against most of its major peers this week, posting the strongest rally in six months. The currency gained for the fourth straight week against the euro and the New Zealand dollar. Fundamental indicators from Australia, including the employment figure, continued to look surprisingly good, making investors trim their bets on an interest rate cut from the Reserve Bank of Australia and benefiting the Aussie. Some overseas data was not […]
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March 162013
Forex Technical Analysis for Week 03/18â03/22
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2749 1.2830 1.2944 1.3025 1.3139 1.3220 1.3335 GBP/USD 1.4547 1.4688 1.4892 1.5033 1.5236 1.5378 1.5581 USD/JPY 93.08 94.08 94.71 95.71 96.34 97.34 97.97 EUR/JPY 121.72 122.88 123.70 124.86 125.68 126.84 127.66 GBP/JPY 138.14 140.07 142.00 143.93 145.87 […]
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March 162013
Forex Brokers Update — March 16th, 2013
Two new brokers to report on and some updates this week: Boston Prime FX — a broker launched back in 2011. It is regulated by British FSA and has offices in UK and Japan. It is a MetaTrader 4 broker with a minimum account size of $10,000, which is quite high by the latest standard. Of course, their 0.4 typical spread on EUR/USD (even with $1 commission on 1 standard lot) is a nice […]
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