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Day: March 5, 2016
March 52016
Weekly Forex Technical Analysis (Mar 7 — Mar 11)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0655 1.0740 1.0873 1.0958 1.1091 1.1176 1.1309 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0752 1.0897 1.0970 1.1115 1.1188 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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March 52016
Policy Outlook & Economic Data Make Things Difficult for USD
The US dollar managed to end the week flat against the Japanese yen, but otherwise the greenback was very weak during the past trading week. The reasons for the poor performance were the monetary policy outlook as well as macroeconomic data that was not that great. Economic reports released over the week were not good for the most part. The most important of them, non-farm payrolls, was not bad but also not […]
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