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Day: November 19, 2016
November 192016
Weekly Forex Technical Analysis (Nov 21 — Nov 25)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0216 1.0392 1.0487 1.0664 1.0759 1.0935 1.1031 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0372 1.0447 1.0644 1.0718 1.0915 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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November 192016
Dollar Continues to Dominate Forex Market
The US dollar continued to dominate the Forex market during the past trading week as post-elections optimism and the outlook for Federal Reserve’s monetary policy were extremely supportive to the currency. It is surprising to see how positive the dollar’s reaction to Donald Trump’s victory was, considering that ahead of the voting his potential win was considered dollar-negative. Yet now, economists speculate that his policies are going to be inflationary, encouraging […]
Read more
November 192016
Dollar Continues to Dominate Forex Market
The US dollar continued to dominate the Forex market during the past trading week as post-elections optimism and the outlook for Federal Reserve’s monetary policy were extremely supportive to the currency. It is surprising to see how positive the dollar’s reaction to Donald Trump’s victory was, considering that ahead of the voting his potential win was considered dollar-negative. Yet now, economists speculate that his policies are going to be inflationary, encouraging […]
Read more