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Day: June 21, 2014
June 212014
Dollar Left Soft After Week of Fed Meeting
The main focus this week was the monetary policy meeting of the Federal Reserve. It indeed had a noticeable impact on the Forex market but not necessarily in a way that most market participants have expected. It was expected that the Fed would reduce its monthly asset purchases by another $10 billion and this would bring the dollar higher. The US central bank indeed cut stimulus as was expected but […]
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June 212014
Forex Technical Analysis for Week 06/23â06/27
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3395 1.3454 1.3525 1.3584 1.3656 1.3715 1.3786 GBP/USD 1.6792 1.6856 1.6935 1.6999 1.7079 1.7142 1.7222 USD/JPY 101.13 101.42 101.75 102.05 102.38 102.67 103.00 EUR/JPY 136.85 137.27 138.04 138.46 139.23 139.65 140.42 GBP/JPY 171.55 172.14 172.91 173.50 174.27 […]
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June 212014
Forex Brokers Update — June 21st, 2014
Two new companies have made it to the lists of EarnForex.com this week: FXtradeweb — a MetaTrader 4 Forex broker aimed on high-networth traders (the minimum is $10,000). It is based in Finland and Estonia. ECN accounts are also available. The leverage is rather high — maximum is 1:500 even for ECN. FXtradeweb VitalMarkets — a regulated New Zealand company with MetaTrader 4 platform and accounts aimed at both newbie traders […]
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