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Day: October 10, 2015
October 102015
Weekly Forex Technical Analysis (Oct 12 — Oct 16)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1008 1.1090 1.1223 1.1305 1.1439 1.1520 1.1654 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1103 1.1249 1.1318 1.1465 1.1533 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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October 102015
Doubts About Interest Rate Hike Make US Dollar Underperform
The US dollar demonstrated an unimpressive performance during the past trading week. While the currency ended trading little changed versus the Japanese yen, it sank against other majors and commodity currencies. The Federal Reserve was the main perpetrator in the greenback’s slump. The Fed released minutes of its September meeting on Thursday. Initially, the dollar was reacting positively to the release, but this changed very quickly. Traders digested the announcement and decided that […]
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