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Day: December 13, 2014
December 132014
Dollar Loses Bullish Momentum, Falling Over Week
The US dollar lost its bullish momentum, falling this week. Macroeconomic reports from the United States were good for the most part, indicating continuing growth of the US economy, but even they did not help the currency. This week was marked by risk aversion due to falling oil prices and concerns about the global economy and China’s growth in particular. Macroeconomic data showed that inflation is slowing in the Asian […]
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December 132014
Weekly Forex Technical Analysis (Dec 15 — Dec 19)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2057 1.2152 1.2305 1.2400 1.2552 1.2647 1.2800 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2166 1.2333 1.2414 1.2581 1.2662 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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