Day: June 2, 2018

June 2
2018

US Dollar Ends Volatile Week Soft

The currency market was a roller coaster this week as currencies were swinging up and down on political turmoil in various parts of the world. The US dollar ended the week as one of the weakest currencies despite the very positive employment report. The main theme at the start of the week was political turmoil in Europe. Later, concerns about the situation eased and a trade war between the United States and their allies grabbed attention of traders. As for this week’s macroeconomic […]

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June 2
2018

Weekly Forex Technical Analysis (Jun 4 — Jun 8)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1318 1.1414 1.1537 1.1633 1.1755 1.1851 1.1974 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1421 1.1550 1.1639 1.1769 1.1858 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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June 2
2018

Weekly Forex Technical Analysis (Jun 4 — Jun 8)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1318 1.1414 1.1537 1.1633 1.1755 1.1851 1.1974 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1421 1.1550 1.1639 1.1769 1.1858 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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June 2
2018

Title: Crude Falls On Boost In U.S. Production, Anticipated OPEC Supply

Fundamental Forecast for : Neutral Crude Oil Price ForecastTalking Points The ONE Thing: Short-term pain may be in store, but long-term gain remains likely. The global economic drivers continue to show impressive economic growth and the US continues to show an economy that is growing above trend. While recent news of increased US and likely […]

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