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Day: March 4, 2017
March 42017
Weekly Forex Technical Analysis (Mar 6 — Mar 10)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0395 1.0445 1.0531 1.0581 1.0666 1.0716 1.0802 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0454 1.0549 1.0590 1.0685 1.0725 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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March 42017
US Dollar Rallies over Week, Loses Gains vs. Euro by Weekend
The US dollar was performing well for the most part of the trading week thanks to the monetary policy outlook and the speech of US President Donald Trump. The greenback retreated a bit versus its rivals on Friday, though against the euro it dropped sharply, losing all weekly gains. The major positive factor contributing to the dollar’s strength were expectations of an interest rate hike from the Federal Reserve. Comments from various Fed officials led […]
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