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Day: October 7, 2017
October 72017
Weekly Forex Technical Analysis (Oct 9 — Oct 13)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1515 1.1592 1.1660 1.1738 1.1806 1.1884 1.1952 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1590 1.1656 1.1736 1.1802 1.1881 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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October 72017
US Dollar Ends Week as Strongest Currency Despite Falling Employment
The US dollar ended the week as the strongest major currency as market participants considered an interest rate hike from the Federal Reserve in December almost guaranteed. Nonfarm payrolls provided a nasty surprise, showing the first decline of employment since September 2010. Yet the report explained that the reading was heavily influenced by two hurricanes, thus markets disregarded the drop as just a temporary phenomenon. Other components of the report were very good as the unemployment […]
Read more
October 72017
US Dollar Ends Week as Strongest Currency Despite Falling Employment
The US dollar ended the week as the strongest major currency as market participants considered an interest rate hike from the Federal Reserve in December almost guaranteed. Nonfarm payrolls provided a nasty surprise, showing the first decline of employment since September 2010. Yet the report explained that the reading was heavily influenced by two hurricanes, thus markets disregarded the drop as just a temporary phenomenon. Other components of the report were very good as the unemployment […]
Read more
October 72017
US Dollar Ends Week as Strongest Currency Despite Falling Employment
The US dollar ended the week as the strongest major currency as market participants considered an interest rate hike from the Federal Reserve in December almost guaranteed. Nonfarm payrolls provided a nasty surprise, showing the first decline of employment since September 2010. Yet the report explained that the reading was heavily influenced by two hurricanes, thus markets disregarded the drop as just a temporary phenomenon. Other components of the report were very good as the unemployment […]
Read more
October 72017
US Dollar Ends Week as Strongest Currency Despite Falling Employment
The US dollar ended the week as the strongest major currency as market participants considered an interest rate hike from the Federal Reserve in December almost guaranteed. Nonfarm payrolls provided a nasty surprise, showing the first decline of employment since September 2010. Yet the report explained that the reading was heavily influenced by two hurricanes, thus markets disregarded the drop as just a temporary phenomenon. Other components of the report were very good as the unemployment […]
Read more