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Day: July 22, 2017
July 222017
Weekly Forex Technical Analysis (Jul 24 — Jul 28)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1256 1.1345 1.1504 1.1593 1.1752 1.1841 1.2000 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1362 1.1538 1.1610 1.1786 1.1858 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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July 222017
Euro Strong During Week of ECB Meeting
The euro was strong during the past trading week due to the statement of the European Central Bank, which market participants considered to be hawkish. Comments of ECB President Mario Draghi after the policy meeting had something both for the doves as well as for the hawks. Yet markets focused on the hawkish part of his speech, believing that the mention of quantitative easing discussion in fall means that the central bank may start QE tapering as soon […]
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