Posts Tagged ‘from’
Crude Resistance from 108.50-110.40
Crude Resistance from 108.50-110.40
Daily Bars Prepared by Jamie Saettele Crude has plummeted but found support from its 20 day average and support line extended off of the February and March lows. The decline from the top can be counted as an impulse so expect a corrective advance into the 108.50-110.40 (Fibonacci) zone prior to a drop below 105.47. DailyFX provides forex news on the economic reports and political events that …
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GBP/USD Technicals Diverging From Fundamental Risks
The GBP/USD has been under immense pressure as the U.K. exposure to the crisis in Ireland has sunk the Sterling. Meanwhile, the problems in Europe combined with an act of aggression from North Korea against their southern half sparked a broader flight to safety which favored the greenback.
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Ruble Strengthens from One-Month Low as Weakening, Crude Oil Lures Traders
Ruble Strengthens from One-Month Low as Weakening, Crude Oil Lures Traders
The ruble rebounded from its weakest level in almost a month against the dollar as rising oil prices spurred traders to buy the currency at cheaper levels.
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