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Day: September 24, 2016
September 242016
Weekly Forex Technical Analysis (Sep 26 — Sep 30)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1005 1.1064 1.1140 1.1198 1.1274 1.1332 1.1408 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1068 1.1148 1.1202 1.1282 1.1336 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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September 242016
Dollar Ends Week Soft as Fed Stays Passive
The US dollar was hurt by the monetary policy decision of the Federal Reserve, ending the week relatively soft. Yet there were even weaker currencies — the Great Britain pound and the New Zealand dollar, which suffered from the monetary policy outlook. The Federal Reserve made no changes to its monetary policy and revised the projected path of interest rates lower. That made the dollar weaker, though the currency regained some strength by the weekend […]
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