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Day: April 23, 2016
April 232016
Weekly Forex Technical Analysis (Apr 25 — Apr 29)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0971 1.1093 1.1154 1.1276 1.1337 1.1460 1.1521 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1078 1.1124 1.1261 1.1307 1.1444 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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April 232016
Euro Ends Trading Weak, Keeps Ground vs. Safe Currencies
The euro fell against most of its major peers this week as the outlook for the monetary policy of the European Central Bank remained dovish. The currency showed better performance against safe currencies like the Japanese yen and the Swiss franc. Whatever chances the euro had for a rally, they were evaporated after the ECB meeting. The central bank did not make a move just yet, but remarks from President Mario Draghi were […]
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