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In the Forex market, the Swiss franc (CHF) is considered a safe haven currency, hence the reason the USDCHF experienced mixed results during the 2008 period. Notice how although the US dollar gained against the franc in late 2008, the results weren’t nearly as substantial or lasting as something like the AUDUSD chart above or any one of the
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Nov 06, 2020 · By Stanley White. TOKYO (Reuters) - The dollar steadied against many currencies on Friday, but traders say more losses are likely as a contentious U.S. presidential election diminished hopes for Forex Trading Sessions – Sydney and Asian Sessions It is sometimes safer to trade an active currency against a currency whose session has not yet started, so you can predict the movements of the pair only based on one set of economic data. The Australian dollar AUD=D4 was last flat at $0.7116, after running into key chart resistance near a one-week high of $0.7139 earlier in the day .. The next technical level is seen at $0.7170 Current low is poor and we also have a Sydney poor low at 29785. Current B high is a test of yes close 29965. This means that the market is ruled by weak money. Anyhow, we are looking for acceptation or rejection below yes close 29965. So act accordingly. CONTACT DETAILS: Adress: Ghattaghar, Bhaktapur, Nepal Tel: +977-98xxxxxxxxxxx Email: [email protected] Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
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