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Day: May 20, 2017
May 202017
Weekly Forex Technical Analysis (May 22 — May 26)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0704 1.0813 1.0994 1.1103 1.1283 1.1392 1.1572 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0831 1.1029 1.1120 1.1319 1.1410 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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May 202017
US Politics Lead to Awful Week for Dollar
The US dollar has ended the week as the weakest major currency as controversies surrounding US President Donald Trump erased the appeal of the currency to investors, driving the greenback to the lowest level since he became a president. During the presidential elections, Trump made many ambitious promises, like extensive tax cuts, that were well-liked by markets. Yet all the controversies surrounding the President made market participants question his ability to fulfill his […]
Read more
May 202017
US Politics Lead to Awful Week for Dollar
The US dollar has ended the week as the weakest major currency as controversies surrounding US President Donald Trump erased the appeal of the currency to investors, driving the greenback to the lowest level since he became a president. During the presidential elections, Trump made many ambitious promises, like extensive tax cuts, that were well-liked by markets. Yet all the controversies surrounding the President made market participants question his ability to fulfill his […]
Read more