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Day: October 29, 2016
October 292016
Weekly Forex Technical Analysis (Oct 31 — Nov 4)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0746 1.0798 1.0886 1.0939 1.1027 1.1080 1.1168 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0807 1.0904 1.0948 1.1045 1.1089 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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October 292016
Dollar Ends Week Mixed, Struggling to Maintain Upward Momentum
The US dollar ended the week mixed as the currency struggled to maintain its upward momentum amid speculations that the dollar’s rally has run its course. The outlook for an interest rate hike from the Federal Reserve in December continued to support the currency. Yet there were speculations that the event has already been priced in, therefore the greenback should to look for other fundamentals to determine its trend. One of other important events […]
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October 292016
Dollar Ends Week Mixed, Struggling to Maintain Upward Momentum
The US dollar ended the week mixed as the currency struggled to maintain its upward momentum amid speculations that the dollar’s rally has run its course. The outlook for an interest rate hike from the Federal Reserve in December continued to support the currency. Yet there were speculations that the event has already been priced in, therefore the greenback should to look for other fundamentals to determine its trend. One of other important events […]
Read more