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Day: April 15, 2017
April 152017
Weekly Forex Technical Analysis (Apr 17 — Apr 21)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0453 1.0511 1.0560 1.0619 1.0668 1.0727 1.0776 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0509 1.0556 1.0617 1.0664 1.0724 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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April 152017
Yen Thrives During Week of Risk Aversion
The Japanese yen was among the strongest currencies during the past trading week as rising risk aversion encouraged traders to stick to safer assets and to avoid riskier ones. The main theme during the week was North Korea as tensions between the country and the United States (and their allies) were escalating. The souring relationships between the USA and Russia did not help the investors’ mood either. The yen tends to benefit from fear and uncertainty, and that […]
Read more
April 152017
Yen Thrives During Week of Risk Aversion
The Japanese yen was among the strongest currencies during the past trading week as rising risk aversion encouraged traders to stick to safer assets and to avoid riskier ones. The main theme during the week was North Korea as tensions between the country and the United States (and their allies) were escalating. The souring relationships between the USA and Russia did not help the investors’ mood either. The yen tends to benefit from fear and uncertainty, and that […]
Read more