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Comment on the situation on a market 18.02.14

Euro can get under pressure today

Latest data about European GDP supported Euro currency as it decreased the danger of deflation and thanks to ECB forecast regarding inflation growth continuation in the next several days to 2,0% EURUSD is being traded at 1,3700. But even though there are lots of …

Technical review of the EUR/USD 17.02.2014

Euro can reach its maximum against USD if it manages to stay above one important support level on day graph. If EURUSD is above Ichimoku Cloud support level (1.3690) by the end of the day then it is very likely that there will be a further growth. If this technical …

Fundamental review of the market on 17.02.2014

US dollar decreased compared to other major currencies on Monday and has hit 4-year minimum against British Pound because US economic indicators continue to signal that US economy recovery is still slowing down. According to US statistics published on Friday the volume of production in manufacturing industry decreased in January …

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