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Fundamental Analysis
Daily Fundamental Report
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[QUOTE="olofx, post: 58021, member: 29907"] [B]Fundamentals Reports 29-01-2014[/B] The Euro (1.3663) is not doing much after testing the foremost tendency decider grade of 1.3750. It must shatter above 1.3750 to extend the rally or additional the bears may arrive down very strongly once afresh. foremost move is anticipated only after the broader variety of 1.3500-1.3750. Dollar-Yen (103.13) has rebound from the major support grade of 101.50-101.90 but for the strength to come back, it should shatter overhead 103.70-90 and 105. The Euro-Yen traverse (140.87) is close to the opposition of 141.50 overhead which the major provide zone of 142.25-50 is waiting. It may continue the flaw farther to the foremost demand zone of 138.60-139 as long as it resides underneath 142.50.The bounce doesn’t gaze very powerful functionally. The Pound (1.6580) is a relative outperformer and may trade in the variety of 1.6350-1.67 for some time more. The Aussie (0.8806) has rebound from the major support of 0.87 but must go overhead 0.89 to make it significant. else, it could be in danger of glimpsing a meltdown in the direction of 0.8500. [/QUOTE]
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