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Day: August 30, 2014
August 302014
Another Weekly Decline for Euro on Easing Bets
The euro experienced a very bad week, falling to the lowest level in almost a year against the US dollar, even though most other major currencies, including the Great Britain pound and the Japanese yen, were rallying versus the greenback. The euro started the week soft as European Central Bank President Mario Draghi hinted last week at a possibility of another round of stimulus measures. While the German Finance Minister attempted to downplay easing expectations, […]
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August 302014
Weekly Forex Technical Analysis (Sep 1 — Sep 5)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.3015 1.3074 1.3103 1.3162 1.3191 1.3250 1.3279 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.3066 1.3088 1.3154 1.3176 1.3242 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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