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Day: May 14, 2016
May 142016
Weekly Forex Technical Analysis (May 16 — May 20)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1082 1.1182 1.1245 1.1346 1.1409 1.1510 1.1573 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1173 1.1227 1.1337 1.1391 1.1500 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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May 142016
Dollar Broadly Higher amid Tightening Speculations
The US dollar was broadly higher against other currencies during this week’s trading amid speculations that the Federal Reserve may yet resume its monetary tightening. Several Fed officials were speaking this week, expressing a hawkish outlook. US policy makers talked about possibility of an interest rate hike in the near future and said that markets are wrong in believing that a rate increase is unlikely. […]
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