EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1695 1.1759 1.1850 1.1914 1.2006 1.2070 1.2161 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1766 1.1864 1.1921 1.2019 1.2076 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
Read moreEUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1695 1.1759 1.1850 1.1914 1.2006 1.2070 1.2161 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1766 1.1864 1.1921 1.2019 1.2076 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
Read moreThe US dollar entered a consolidation mode, ending the week flat against most of its major rivals. As for other currencies, the Canadian dollar and the Great Britain pound were the strongest, while the New Zealand dollar ended the week extremely soft. The greenback was rising in the first half of the week, but reversed the rally after consumer inflation data came out weaker than was expected. Still, the currency remained supported by the policy outlook. […]
Read moreFundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: The crude bull train does not appear to be slowing down. Crude oil has been on a historic run to recently tag the 100% Fibonacci expansion, but increasing demand and potential supply shocks favor further strengthening of the energy market. Energy stocks show biggest S&P […]
Read moreTalking Points: Light economic calendar next week; S&P trying to put thoughts of a top to rest German & Eurozone GDP, ZEW figures due out; can the rally last? BoE held on rates, FTSE rallied; record highs lie ahead For the intermediate-term technical and fundamental outlook, check out the DailyFX Q2 Forecasts. S&P 500 Next […]
Read moreTalking Points: The sentiment report beat expectations of 98.3, reading 98.8 for the second consecutive month The measure hit its highest level in 14 years in March, reading 101.4 Survey respondents overwhelmingly confident of future interest rate hikes by the Federal Reserve Learn the number one mistake traders make when trading. Download our Traits of […]
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