Day: July 29, 2017

July 29
2017

Weekly Forex Technical Analysis (Jul 31 — Aug 4)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1485 1.1549 1.1649 1.1713 1.1813 1.1877 1.1977 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1558 1.1667 1.1722 1.1832 1.1886 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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July 29
2017

Dollar’s Bearish Trend Persists amid Negative Fundamentals

The US dollar was among the weakest currencies during the past trading week due to a range of bearish factors that made the greenback unappealing to investors. The Federal Reserve issued a dovish policy statement that made experts think that the Fed will push back the next interest rate hike. Growth of US gross domestic product in the second quarter of this year disappointed market participants even though it was not […]

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July 29
2017

Dollar’s Bearish Trend Persists amid Negative Fundamentals

The US dollar was among the weakest currencies during the past trading week due to a range of bearish factors that made the greenback unappealing to investors. The Federal Reserve issued a dovish policy statement that made experts think that the Fed will push back the next interest rate hike. Growth of US gross domestic product in the second quarter of this year disappointed market participants even though it was not […]

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