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Day: May 6, 2017
May 62017
Weekly Forex Technical Analysis (May 8 — May 12)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0783 1.0829 1.0908 1.0953 1.1032 1.1078 1.1156 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0837 1.0924 1.0961 1.1048 1.1086 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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May 62017
Dollar Soft Despite Week of Good Fundamentals
As was expected, this trading week provided plenty of news important for the US dollar. But while fundamentals look good, the greenback was not particularly strong, ending the week lower against many most-traded counterparts. The Federal Reserve did not provide many surprises, keeping its policy unchanged, but suggested in the statement that the weakness of the US economy in the first quarter of this year was transitory. Economic data released […]
Read more
May 62017
Dollar Soft Despite Week of Good Fundamentals
As was expected, this trading week provided plenty of news important for the US dollar. But while fundamentals look good, the greenback was not particularly strong, ending the week lower against many most-traded counterparts. The Federal Reserve did not provide many surprises, keeping its policy unchanged, but suggested in the statement that the weakness of the US economy in the first quarter of this year was transitory. Economic data released […]
Read more