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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: USD/CAD rises 0.50% so far today to test 1.2435

FXstreet.com (Barcelona) - USD/CAD is testing 1.2435 resistance level after rising 0.50% so far today from opening price at 1.2377. Currently the pair is trading around 1.2425/35.Along the European session, USD/CAd has been trade in a small range between 1.2390 and 1.2435. Yesterday, USD/CAD lost 0.25% from opening price at 1.2408, reaching 1.2505 as maximum and 1.2327 as minimum, to close the day at 1.2376.According to the Mataf.net analyst team, USD/CAd is in consolidation movement: 1,2392. USD CAD is in

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U.S. Markets open with moderate gains; Euro gives back previous gains

FXstreet.com (Barcelona) ? U.S stock markets are going through moderate gains at the opening times, cheered by better than expected quarterly earnings by Apple and Ebay. The Euro has lost most of the gains pocketed during the European session, Pound and yen remain in range.Dow Jones Industrial Index remains edges up 0.18% while the Nasdaq Index adds 0.32% and the S&P Index trades 0.43% above its opening level minutes after the opening bellShares of Apple and Ebay have surged after

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Positive Financial News Boosts Euro against Greenback

Positive sentiment in equity markets is dragging down the U.S. dollar against the euro ahead of the North American trading session.Risk appetite is emanating from the banking sector, following reports that Citigroup could have higher-than-expected earnings for the first quarter. According to an article in the New York Times, an internal memo from the bank said they earned more than $19 billion in the first two months of 2009.The news has helped the euro retrace some of

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Forex: USD/JPY: Dollar attempts recovery from 97.65 low

FXstreet.com (Barcelona) ? The Dollar has posted in Asian session an slight upward move after bouncing back at 97.65 low, reaching right below 98.50 level ahead of European session opening.Resistance levels might lie at 98.50 (Apr 16 low), and 98.70 (Apr 17 low), in caser of rising above here, the Dollar might fond resistance at 99.30/40 area (Apr 8 low). On the downside, immediate support lies at 98.00 and 97.65 (Apr 20 low) and below there 97.25 (mar 31 low).EUR/JPY

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U.S. Markets, up at the Opening; Euro and Pound higher

FXstreet.com (Barcelona) ? Stock markets in the U.S. are going through gains in the at the opening buoyed by a string of better than expected corporate earnings news. Euro and Pound are rallying in early U.S. session.Dow Jones Industrials trades 0.62% above its opening level, while the Nasdaq Index adds 0.69% and S&P Index trades 0.63% above its opening level.Ford, American Express and Microsoft shares have risen after releasing positive earnings results in the 1Q. On the macroeconomic front, U.S.

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Forex: USD/CAD falls after rejecting 1.2180 level

FXstreet.com (Barcelona) - After fighting the 1.2180 level since the Asian session, the USD/CAD has begun to falls quickly last hour from 1.2182 to 1.2126, losing almost all the ground advances today. Currently, the pair is trading around 1.2130/40 after rising 0.05% so far today from opening price at 1.2131.Last week USD/CAD fell 0.50% from 1.2157 Monday opening price, reaching 1.2505 as April maximum and 1.2074 as intra-week minimum, to close Friday at 1.2095.According to Nick Nasad, CMS Forex analyst,

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Forex: USD/CHF tests its 4-month low levels

FXstreet.com (Barcelona) - USD/CHF has reached an intra-day low at 1.0830, after rejecting from 1.0870 and fall 40 pips in the European session. Currently the pair is trading around 1.0835/45 0.10% below today's opening price.USD/CHF is opening lower its weekly session after a weaken past week with the USD losing 3.30% against the Swissy from 1.1220 Monday opening price to close in Friday at 1.0850. USD/CHF reached 4-month low at 1.0810 and 1.1265 as 2-week high.The Swiss e Trade Strategy

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