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Day: January 16, 2016
January 162016
Weekly Forex Technical Analysis (Jan 18 — Jan 22)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0637 1.0721 1.0817 1.0901 1.0997 1.1081 1.1177 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0724 1.0823 1.0904 1.1003 1.1084 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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January 162016
Yen Profits from Safe Haven Status During Second Trading Week of 2016
The past trading week has started with risk aversion and the same theme continued throughout the week with just short bouts of risk appetite. Unsurprisingly, the Japanese yen profited in such an environment from its perceived role as a haven currency. Trading started with yet more bad news from China and the same theme dominated the market till the weekend. While the sentiment was showing signs of improvement once in a while, trading […]
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