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Day: March 11, 2017
March 112017
Weekly Forex Technical Analysis (Mar 13 — Mar 17)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0390 1.0457 1.0564 1.0632 1.0738 1.0806 1.0913 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0467 1.0584 1.0641 1.0758 1.0816 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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March 112017
ECB Hawkishness Makes Euro Strongest Major Currency
Markets did not expect anything particularly important from this week’s European Central Bank meeting, but it turned out to be perhaps the most important event during the week, making the euro the strongest major currency. Meanwhile, the highly anticipated US nonfarm payrolls turned out to be almost non-event, having negligible impact on markets. ECB President Mario Draghi was surprisingly hawkish at the press-conference that followed […]
Read more
March 112017
ECB Hawkishness Makes Euro Strongest Major Currency
Markets did not expect anything particularly important from this week’s European Central Bank meeting, but it turned out to be perhaps the most important event during the week, making the euro the strongest major currency. Meanwhile, the highly anticipated US nonfarm payrolls turned out to be almost non-event, having negligible impact on markets. ECB President Mario Draghi was surprisingly hawkish at the press-conference that followed […]
Read more