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Author: Irit Rutenberg

EUR/USD Technical Analysis August 4, 2011

By FXEmpire.com The EUR/USD continued its schizophrenic behavior on Wednesday as trader bought the currency, mainly in the US session to retest the 1.4350 resistance area. The issues in the Euro zone keep us from owning this...

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USD/JPY Technical Analysis August 4, 2011

By FXEmpire.com USD/JPY fell again on Wednesday as traders continue to take risk off in the markets. The pair is certainly oversold, but then again – it has been for a very, very long time. The Bank of Japan has been...

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GBP/USD Technical Analysis August 4, 2011

By FXEmpire.com The GBP/USD pair shot straight up in Wednesday trading, and closed the day towards the top of the range. This is a very bullish sign for cable, but now it is nearing the 1.65 area – an area that has given...

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