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Day: September 10, 2016
September 102016
Weekly Forex Technical Analysis (Sep 12 — Sep 16)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0946 1.1043 1.1133 1.1230 1.1320 1.1417 1.1508 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1041 1.1130 1.1228 1.1317 1.1416 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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September 102016
Euro Ends Week Higher vs. Dollar & Pound
One of the most important events during the trading week was the monetary policy meeting of the European Central Bank. It turned out to be relatively positive for the euro, allowing the currency to rally against the US dollar and the Great Britain pound, though the euro did not perform well against all rivals. While ECB President Mario Draghi talked about the possibility of additional monetary stimulus, he did not sound as dovish […]
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September 102016
Canadian Dollar Ends Trading Soft
The Canadian dollar ended the Friday’s trading session very soft against its major peers. There were plenty of reasons for the currency to go down. One of such reasons was the drop of crude oil, the commodity that often strongly influences the loonie. Another reason were the rising chances for an interest rate hike from the Federal Reserve. News about nuclear tests by North Korea added to the atmosphere of risk aversion on the Forex market. […]
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