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The App That Democratized Trading Is Now Worth $5B

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Investors and customers have rallied…

Alibaba Soars On Reports Of China Listing

Alibaba Soars On Reports Of China Listing

Chinese e-commerce giant Alibaba saw…

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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EUR/GBP - The Resistance at 0.7459 Has Been Broken

EUR/GBP is showing no signs of weakening after minor pullback yesterday breaking its resistance at 0.7459 (09/02/2015 high). As a result, increases the likelihood of further shortterm strength. Resistance can be found at 0.7592 (01/05/2015). Hourly support is at 0.7420 (01/05/2015) and 0.7301 (01/05/2015 low).

In the long-term, prices are in an underlying declining trend. However, the potential successful test of the key support at 0.7089 (03/12/2007 low) and the general oversold conditions suggest a limited medium-term downside potential. A key resistance lies at 0.7592 (03/02/2015 high).

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