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forexchief

MT4"USD rebounded while other currencies pressured completely"

Discussion in 'Diskusi Forex' started by ikonfx, Mar 22, 2011.

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  1. ikonfx

    ikonfx Banned

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    EUR/USD: The European equities market had sharp increase yesterday, and there are a large amount capital flew and the risks capital resulted in EUR benefiting. EUR/USD haunted about 1.40 in America market.
    Currently, it attempts to test the resistance near the interval 1.405. It is suggested that the investors should sell near 1.4045 intraday, and stop loss above 1.4110.
    USD/JPY: USD/JPY once sharply slumped to 76.75 to hit the new record low for 16 years in the Asia market and fluctuated with wide range between 77.10 and 78.4.
    On one hand, a large amount Japanese oversea capital backflow pushed up JPY. On the other hand, the market worried BOJ; even G7 countries will take action to interpose in JPY forex rate.
    Today the market will pay attention to the G7 meeting that will be held at Beijing time 18:00, which may be reach a consensus on the measure to stabilize financial market after Japanese earthquake. "
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