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Forex Blog
My Forex experience and some Forex related information that might be useful to other traders

Archive

Archive of Forex blog posts for May, 2009

Forex Technical Analysis for 05/04—05/08 Week

May 2nd, 2009

EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2567 1.2726 1.2983 1.3142 1.3399 1.3558 1.3816
GBP/USD 1.4025 1.4210

EUR/USD Ends Week Just a Bit Above Open Level

May 2nd, 2009

EUR/USD gained yesterday and ended the week in the moderately positive zone as the fundamentals reports in U.S. were predominantly good for the world’s economy and bad for the low-yielding currencies, such as the dollar. EUR/USD ended the week at 1.3274.

Michigan sentiment index grew from …

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