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Day: July 6, 2013
July 62013
No End to Dollar’s Gains? It Looks So for Third Week
The US dollar showed no signs that it is going to stop its rally, demonstrating solid gains for the third consecutive week. Speculations about tighter monetary policy continue to help the currency in the environment of widespread monetary accommodation. The major event this week was the release of US non-farm payrolls. They came out much better than expected, reinforcing the opinion that the Federal Reserve may tamper back its […]
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July 62013
Forex Technical Analysis for Week 07/08â07/12
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2458 1.2632 1.2730 1.2904 1.3003 1.3176 1.3275 GBP/USD 1.4289 1.4573 1.4735 1.5019 1.5182 1.5465 1.5628 USD/JPY 97.79 98.48 99.84 100.53 101.89 102.58 103.94 EUR/JPY 126.02 127.29 128.56 129.83 131.10 132.37 133.64 GBP/JPY 145.61 147.53 149.16 151.07 152.70 […]
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