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Day: March 15, 2014
March 152014
RBNZ Makes Week Stellar for New Zealand Dollar
The past week was very friendly to the New Zealand dollar as the nation’s central bank performed the long-awaited interest rate hike, making it clear that the New Zealand economy experiences strong growth and increasing the attractiveness of the currency to investors, particularly to carry traders who profit from difference of interest rates in various countries. The New Zealand currency started the week on a strong footing despite some negative fundamentals as traders were hoping […]
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March 152014
Forex Technical Analysis for Week 03/17â03/21
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3704 1.3769 1.3837 1.3902 1.3970 1.4034 1.4103 GBP/USD 1.6382 1.6475 1.6555 1.6648 1.6728 1.6820 1.6900 USD/JPY 98.31 99.75 100.52 101.97 102.74 104.19 104.96 EUR/JPY 136.50 138.47 139.67 141.64 142.84 144.81 146.01 GBP/JPY 161.75 164.84 166.67 169.76 171.60 […]
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March 152014
Forex Brokers Update — March 15th, 2014
Two new companies were added during the week: ELEX Electronic Markets — a Swiss regulated Forex broker with a focus on big traders interested in pure ECN environment for execution of their currency trades. The minimum account is $5,000 and only FX market is available for trading. ELEX Electronic Markets Real ECN — a Forex company based in New Zealand with a focus on ECN (like its name suggests) but with […]
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