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Day: December 3, 2016
December 32016
Weekly Forex Technical Analysis (Dec 5 — Dec 9)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0437 1.0494 1.0574 1.0632 1.0712 1.0769 1.0849 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0500 1.0585 1.0637 1.0723 1.0775 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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December 32016
US Dollar Ends Week Soft as Markets Didn’t Like NFP
The dollar has ended the week unexpectedly soft, though it managed to gain on the even weaker Japanese yen, as markets did not welcome the mixed employment data from the United States. While the start of the week was not great for the dollar, dollar bulls felt optimistic. They were expecting decent economic reports, focusing mainly on employment data. And indeed, private report from Automatic Processing Data was solid. And before […]
Read more
December 32016
US Dollar Ends Week Soft as Markets Didn’t Like NFP
The dollar has ended the week unexpectedly soft, though it managed to gain on the even weaker Japanese yen, as markets did not welcome the mixed employment data from the United States. While the start of the week was not great for the dollar, dollar bulls felt optimistic. They were expecting decent economic reports, focusing mainly on employment data. And indeed, private report from Automatic Processing Data was solid. And before […]
Read more