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Day: June 16, 2018
June 162018
Fed & ECB Meetings Boost US Dollar
The US dollar was strong for the most part of the week, boosted by policy meetings of the Federal Reserve and the European Central Bank, though the currency weakened somewhat on Friday. Fed and ECB policy meetings were the focus of the past trade week. The Fed hiked interest rates, in line with expectations. What really surprised markets was the projection of two more hikes this year instead of just one, promised in the previous forecasts. Meanwhile, the ECB […]
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June 162018
Weekly Forex Technical Analysis (Jun 18 — Jun 22)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1174 1.1358 1.1483 1.1667 1.1792 1.1976 1.2101 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1343 1.1453 1.1652 1.1761 1.1961 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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June 162018
Weekly Forex Technical Analysis (Jun 18 — Jun 22)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1174 1.1358 1.1483 1.1667 1.1792 1.1976 1.2101 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1343 1.1453 1.1652 1.1761 1.1961 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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June 162018
Yuan May Extend Losses Amid Weak Fundamentals, US-China Tariff Battles
Fundamental Forecast for CNH: Bearish Disappointing Chinese fundamentals could hold the Yuan at weak levels in the near term. US-China trade war has resumed; more tic-for-tac attacks could be revealed and elevate volatility. The USD/CNH eyes on the reversed trend after a long-term resistance level was broken. How to trade news? Learn with DailyFX Free […]
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