Day: September 26, 2015

September 26
2015

Dollar Ends Week Strong, Outlook Clouded

The US dollar was strong across the board this week with the help of comments for the head of the Federal Reserve. Still, the outlook for the currency is not clear as market participants continue to speculate whether US policy makers are bold enough to start monetary firming in 2015. At the start of the week, the Forex market was still digesting last week’s policy announcement from the Fed, which suggested that the central bank may delay […]

Read more
September 26
2015

Weekly Forex Technical Analysis (Sep 28 — Oct 2)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0868 1.0986 1.1093 1.1211 1.1318 1.1436 1.1543 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0983 1.1087 1.1208 1.1312 1.1433 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

Read more
September 26
2015

Canadian Dollar Ends Trading Little Changed

The Canadian dollar was falling against the US dollar while rising versus the Japanese yen and the euro on Friday. Yet by the end of the trading session the currency moved closer to the opening level, ending trading little changed against its major peers. The loonie (as the Canadian currency is nicknamed) was struggling along with other currencies against the US dollar on speculation about an imminent interest rate hike in the United States. Such talks […]

Read more