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Day: August 29, 2015
August 292015
Dollar Weathers Impact of China’s Stock Collapse
The week has started with a surge of risk aversion on the Forex market as the collapse of China’s stock market scared investors. Surprisingly enough, the dollar dropped against its major rivals after the event. Yet the currency reversed its losses very quickly, rising for the most part of the week. China’s stocks plunged yet again on Monday, driving investors to safer assets. The dollar did not profit from this as the euro overtook the role […]
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August 292015
Weekly Forex Technical Analysis (Aug 31 — Sep 4)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0428 1.0792 1.0986 1.1350 1.1544 1.1908 1.2102 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0750 1.0901 1.1308 1.1459 1.1865 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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