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MerlinMath |
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Forex Week in Review - June 17, 2013
Last week all of the world’s major stock indices losing ground as fears that the Federal Reserve will scale back its stimulus measures persisted.
2013-06-17 07:39:00
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AUD/CHF Heads Higher, June 17, 2013
The AUD/CHF printed a Weekly Doji or Pin Bar of sorts last week on a support zone that has propped the pair up several times before. Falling to a low of 0.8648 before rebounding and closing at basically the same price the week opened at the pair has...
2013-06-17 04:37:00
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Safe Haven Yen Sought as Uncertainty Reins
The Japanese Yen remained close to a recently struck 2-month peak versus the U.S. Dollar as well as the common currency Euro as investors await news from the U.S. Federal Reserve to gauge what the Fed’s next step might be.
2013-06-17 04:31:00
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Gold Price Analysis - June 17, 2013
The XAU/USD pair closed the week higher than opening as the American dollar lost some strength after economic data out of the United States came out weaker than expected.
2013-06-17 04:13:00
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Crude Oil Price - June 17, 2013
The WTI Crude Oil market had another positive session on Friday, breaking above the $97.50 handle, an area that I thought would be a bit more resistant than it turned out to be. However, as you can see we have pulled back below the high back in late...
2013-06-17 04:09:00
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EUR/USD Daily Outlook - June 17, 2013
The EUR/USD pair fell during most of the session on Friday, but as you can see the market found quite a bit of support below. The 1.33 handle has yet again served as support, as it has over the last couple of sessions.
2013-06-17 03:41:00
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USD/CAD Daily Outlook - June 17, 2013
The USD/CAD pair went back and forth during the session on Friday, initially rising, and then falling. However, it stayed in a relatively tight range during the balance of the session. As a result of this, we have formed a somewhat hammer like candle.
2013-06-17 03:36:00
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GBP/USD Daily Outlook - June 17, 2013
The GBP/USD pair fell most of the session on Friday, but as you can see bounced significantly from the 1.56 handle, an area that had been resistive back in the late part of April, early part of May. Because of this, we formed a nice looking hammer at...
2013-06-17 03:01:00
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Q3 Forex Forecast 2013
Don't begin the third quarter of 2013 without checking out this Forex forecast of some of the major pairs that many trade on a daily basis. Be prepared and plan accordingly because DailyForex.com has you covered here.
2013-06-16 10:07:00
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Weekly FX Forecast- June 16, 2013
Many of the major Forex pairs have been strong lately. Will it continue this coming week? Find out here with the Forex forecast for the week of June 16, 2013.
2013-06-16 09:55:00
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Gold Price Forecast- Q3 2013
DailyForex.com has everything you need to know about the upcoming third quarter of 2013 for the gold markets that have been in a sideways manner so far. Get the gold price forecast here and be prepared for what's to come.
2013-06-16 09:28:00
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Gold Price Analysis - June 14, 2013
Gold lost some ground against the American dollar but still remained in the last three days trading range. The XAU/USD pair traded as low as 1374.43 after better-than-expected retail sales and unemployment claims figures helped push money back into the...
2013-06-14 05:09:00
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Crude Oil Price - June 14, 2013
The WTI Crude Oil market initially fell during the session on Thursday, but you can see that it found enough support at the $95.00 level in order to bounce. The bounce rose all the way above the $96.50 level, and as a result the market actually closed...
2013-06-14 04:55:00
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EUR/USD Daily Outlook - June 14, 2013
The EUR/USD pair initially fell below the 1.33 handle during the session on Thursday, but as you can see bounced enough to form a hammer yet again. This is the second hammer in a row, and that almost always means bullish action.
2013-06-14 04:42:00
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AUD/USD Daily Outlook - June 14, 2013
The AUD/USD pair initially fell during the session on Thursday, but found enough support at the 0.9425 area to bounce and significantly break through the 0.95 handle. In fact, we have close the very highs of the session, near the 0.9650 level.
2013-06-14 04:39:00
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USD/JPY Daily Outlook - June 14, 2013
The USD/JPY pair fell hard during the session on Thursday as it has been doing so for two weeks. However, there was plenty of support below, and as a result the buyers stepped in at roughly 94 to push this market back up.
2013-06-14 04:35:00
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Wall Street Rally Fails to Lift Dollar
The U.S. Dollar Index continued to languish near a recently struck 4-month trough as a short-lived rally in the global stock markets whetted risk appetite and sent investors in search of higher yielding currencies such as the Euro and commodity-linked...
2013-06-14 04:31:00
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LIBOR Set For Change
LIBOR (Libor) stands for the London Interbank Offer Rate and it is a benchmark used to set interest rates around the world, having implications in trillions of Dollars of deals on a daily basis (the value has been estimated to be as much as $300...
2013-06-14 04:24:00
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EUR/USD Daily Outlook - June 13, 2013
The EUR/USD pair fell below the 1.33 level during the session on Wednesday, but found enough buying below that level in order to break back above that area. With that being the case, the market formed a hammer and it appears that the 1.33 level is not...
2013-06-13 04:41:00
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Gold Price Analysis - June 13, 2013
The XAU/USD pair closed yesterday's session slightly higher than opening as sharp drop in the major stock markets and the USD/JPY pair lured some investors back to the gold market.
2013-06-13 03:53:00
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