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Day: June 4, 2016
June 42016
Weekly Forex Technical Analysis (Jun 6 — Jun 10)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0864 1.0968 1.1167 1.1270 1.1469 1.1573 1.1772 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0992 1.1215 1.1294 1.1517 1.1597 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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June 42016
Dollar Sinks Against Most Currencies by Weekend
The US dollar sank against the majority of most-traded currencies by the end of the past trading week due to the overwhelmingly negative US employment report. The only major currency that was even weaker than the greenback turned out to be the Great Britain pound. Ahead of the event, things looked good for the US currency as traders were betting on an interest rate hike in the near future. Yet everything has changed after non-farm payrolls showed […]
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