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Day: April 16, 2016
April 162016
Weekly Forex Technical Analysis (Apr 18 — Apr 22)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0958 1.1096 1.1189 1.1327 1.1420 1.1558 1.1651 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1085 1.1167 1.1316 1.1398 1.1547 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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April 162016
Dollar Encounters Troubles with Moving Higher
The US dollar attempted to rally against other most-traded currencies this week but found limited success. The greenback gained on the euro and the Japanese yen but fell against the Great Britain pound and commodity currencies. The dollar has found a surprise ally in the form of the crude oil rally. Unlike most of the times, the resulting positive market sentiment was helpful to the currency in this instance, leading to speculations that improving global growth will […]
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