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Day: March 22, 2014
March 222014
Week of Fed Decision Turns Out Good for Dollar
The Federal Reserve monetary policy meeting was the most important event this week, overshadowing all other news. The Forex market was anticipating stimulus reduction, which has indeed happened, but the reaction to the policy announcement was still strong as US policy makers managed to surprise market participants and to drive the US dollar up. The dollar has started the week with softness despite risk aversion created by the tensions between […]
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March 222014
Forex Technical Analysis for Week 03/24â03/28
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3516 1.3632 1.3714 1.3831 1.3912 1.4029 1.4111 GBP/USD 1.6233 1.6354 1.6423 1.6544 1.6614 1.6735 1.6805 USD/JPY 99.94 100.60 101.36 102.02 102.77 103.43 104.19 EUR/JPY 138.69 139.56 140.22 141.10 141.76 142.63 143.30 GBP/JPY 165.60 166.68 167.55 168.63 169.50 […]
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