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Day: January 21, 2017
January 212017
US Dollar Remains Weak, Dollar Bulls Remain Optimistic
The US dollar remained relatively soft during the past trading week, but there are still plenty of dollar bulls who believe that the currency’s fall is just a correction in a long-term bullish trend. The greenback was held back by cautiousness ahead of the inauguration of Donald Trump as US President (though the actual event had little impact on markets after it happened). At the same time, solid economic data was supportive […]
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January 212017
US Dollar Remains Weak, Dollar Bulls Remain Optimistic
The US dollar remained relatively soft during the past trading week, but there are still plenty of dollar bulls who believe that the currency’s fall is just a correction in a long-term bullish trend. The greenback was held back by cautiousness ahead of the inauguration of Donald Trump as US President (though the actual event had little impact on markets after it happened). At the same time, solid economic data was supportive […]
Read more
January 212017
Weekly Forex Technical Analysis (Jan 23 — Jan 27)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0472 1.0525 1.0612 1.0665 1.0752 1.0805 1.0892 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0533 1.0628 1.0674 1.0768 1.0814 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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