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Pundits are messing it up

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Nov 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    To classify the USD as a risk currency – as often done by pundits these days - is at best misleading. It is of course correct if one classifies every currency as risk but compared to other currencies, it still ranks lowest among low risk currencies. In a normal market scenario, investors buy USD for its attraction – the outlook for 1) appreciation and 2) how well you are paid while you wait for 1). There are rather limited risk assumptions behind USD purchases. It is not a long time ago since

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  2. intanfx

    intanfx New Member Trader

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    Financial markets were closed in the US due to the Thanksgiving holiday, leaving majors confined to tight ranges all though the day. The dollar however, held to its recent strength, as the market's attention remains focused on the macroeconomic events of next week, which include the ECB economic policy decision, and the US Nonfarm Payroll report. This Friday, the US will have an early close, and there will be no fundamental data released, although some macro figures will be delivered by the EU, none of them a trend changer.

    As for the EUR/USD pair, it trades a handful of pips above the 1.0600 level, and the 4 hours chart shows that the bearish momentum prevailed for one more day, given that the price was unable to recover above the 20 SMA, whilst the technical indicators present mild bearish slopes below their mid-lines. Given that the month end is around the corner ,little can be expected for this Friday, although market's sentiment continued favoring lower lows towards 1.0460 and selling on spikes.

    Support levels: 1.0590 1.0550 1.0520

    Resistance levels: 1.0630 1.0660 1.0695


    http://myblog-168.blogspot.com/2015/11/indostar303-bandar-taruhan-agen-judi.html
     
  3. Samuel_Ray

    Samuel_Ray Member Trader

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    stop spamming this nice forum please
     

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