Day: August 4, 2018

August 4
2018

CAD Ends Week Strongest with Aid of Good Data & NAFTA Optimism

The Canadian dollar ended the past week as the strongest currency on the Forex market thanks to economic data and optimism about NAFTA talks. The loonie was lifted on Tuesday by the gross domestic product report that showed faster growth of Canada’s economy than was expected. On Friday, another positive report was released, showing that Canada’s trade deficit shrank much more than was expected. Additionally, signs that progress has […]

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August 4
2018

CAD Ends Week Strongest with Aid of Good Data & NAFTA Optimism

The Canadian dollar ended the past week as the strongest currency on the Forex market thanks to economic data and optimism about NAFTA talks. The loonie was lifted on Tuesday by the gross domestic product report that showed faster growth of Canada’s economy than was expected. On Friday, another positive report was released, showing that Canada’s trade deficit shrank much more than was expected. Additionally, signs that progress has […]

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August 4
2018

Weekly Forex Technical Analysis (Aug 6 — Aug 10)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1317 1.1438 1.1503 1.1624 1.1689 1.1810 1.1874 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1424 1.1474 1.1610 1.1660 1.1796 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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