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Day: October 28, 2017
October 282017
Euro Ends Week Among Losers After ECB, Political Upheaval
The euro ended the week among the weakest currencies due to the dovish stance of the European Central Bank and the political crisis in Spain. The ECB reduced the size of its monthly asset purchases but extended the duration of the asset purchase program, as was widely expected. But it was said in our forecast: Market participants will closely watch any nuances in wording of the policy statement and the speech at the press conference that will follow the meeting. Depending […]
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October 282017
Euro Ends Week Among Losers After ECB, Political Upheaval
The euro ended the week among the weakest currencies due to the dovish stance of the European Central Bank and the political crisis in Spain. The ECB reduced the size of its monthly asset purchases but extended the duration of the asset purchase program, as was widely expected. But it was said in our forecast: Market participants will closely watch any nuances in wording of the policy statement and the speech at the press conference that will follow the meeting. Depending […]
Read more
October 282017
Weekly Forex Technical Analysis (Oct 30 — Nov 3)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1246 1.1410 1.1509 1.1673 1.1771 1.1935 1.2034 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1394 1.1476 1.1656 1.1739 1.1919 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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