Day: October 19, 2013

October 19
2013

End of US Budget Crisis Leads to Weekly Losses of Dollar

The US dollar posted weekly losses against other most-traded currencies as the end to the US budget stalemate resulted in the overwhelmingly positive market sentiment even as the relief is temporary and the crisis was just postponed. The major theme of the week remained the US government shutdown. A deal was not reached over the weekend and traders were becoming nervous. Currencies moved largely sideways amid uncertainty, but surged against the greenback after an agreement […]

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October 19
2013

Forex Technical Analysis for Week 10/21–10/25

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3306 1.3390 1.3537 1.3620 1.3767 1.3850 1.3997 GBP/USD 1.5633 1.5763 1.5964 1.6094 1.6295 1.6425 1.6626 USD/JPY 95.82 96.68 97.26 98.13 98.71 99.58 100.15 EUR/JPY 131.41 132.02 132.95 133.56 134.49 135.10 136.04 GBP/JPY 155.02 155.85 157.00 157.83 158.98 […]

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October 19
2013

Forex Brokers Update — October 19th, 2013

One new company has been added this week in addition to few changes to the existing listings: USGfx — an Australian regulated broker with MetaTrader 4 platform, $100 minimum account size and 1:500 leverage on Forex instruments. They also offer several account types with quite a significant difference in spreads and minimums. USGfx GAINSY no longer has office in Seychelles, instead opens one in St. Vincent and the Grenadines. Payment […]

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