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Day: March 12, 2016
March 122016
Weekly Forex Technical Analysis (Mar 14 — Mar 18)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0510 1.0666 1.0906 1.1062 1.1302 1.1458 1.1698 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0687 1.0948 1.1083 1.1344 1.1479 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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March 122016
Euro Ends Week Higher Against Most Rivals
The most important event for the past trading week was considered to be the policy meeting of the European Central Bank, and it indeed did not disappoint, both fulfilling market expectations and surprising markets at the same time. Traders were expecting the ECB to announce stimulus measures, and the central bank did indeed deliver. Yet the surprise came in the form of Mario Draghi’s suggestion that the ECB is likely to end interest rate cuts. This […]
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