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Day: October 22, 2016
October 222016
Weekly Forex Technical Analysis (Oct 24 — Oct 28)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0629 1.0744 1.0809 1.0924 1.0989 1.1104 1.1168 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0731 1.0784 1.0911 1.0964 1.1091 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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October 222016
ECB Policy Statement Leads to Weekly Losses for Euro
One of the most important events this week was the monetary policy decision from the European Central Bank. While the ECB did not change its policy, the accompanying statement was dovish enough to send the euro crashing down against most other major currencies. ECB President Mario Draghi was rather dovish in his introductory statement to the press-conference, saying: Looking ahead, we remain committed to preserving the very substantial […]
Read more
October 222016
ECB Policy Statement Leads to Weekly Losses for Euro
One of the most important events this week was the monetary policy decision from the European Central Bank. While the ECB did not change its policy, the accompanying statement was dovish enough to send the euro crashing down against most other major currencies. ECB President Mario Draghi was rather dovish in his introductory statement to the press-conference, saying: Looking ahead, we remain committed to preserving the very substantial […]
Read more