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Day: April 1, 2017
April 12017
Weekly Forex Technical Analysis (Apr 3 — Apr 7)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0300 1.0473 1.0560 1.0733 1.0819 1.0992 1.1079 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0452 1.0516 1.0711 1.0776 1.0971 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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April 12017
Dovish Stance of ECB Results in Week of Euro Sell-Off
Traders were selling the euro during the past trading week as the European Central Bank suggested that markets interpreted its stance on monetary policy wrongly, believing it to be more hawkish than it actually is. Markets were thinking that the hawkish statement that followed the latest policy meeting means that the ECB will act soon, tightening its monetary policy. Yet the Reuters report said that […]
Read more
April 12017
Dovish Stance of ECB Results in Week of Euro Sell-Off
Traders were selling the euro during the past trading week as the European Central Bank suggested that markets interpreted its stance on monetary policy wrongly, believing it to be more hawkish than it actually is. Markets were thinking that the hawkish statement that followed the latest policy meeting means that the ECB will act soon, tightening its monetary policy. Yet the Reuters report said that […]
Read more