Day: August 18, 2018

August 18
2018

US Dollar Ends Week Soft As Market Enters Consolidation Mode

The US dollar, as well as the Japanese yen, was among losers during the past trading week as the investors’ sentiment improved and the market entered a consolidation mode. The Great Britain pound was also among the weakest currencies, while the New Zealand dollar and the Canadian dollar were the strongest ones. Fears about the situation in Turkey eased a bit, though concerns returned after the United States threatened to slap more sanctions against the country. The fact […]

Read more
August 18
2018

Weekly Forex Technical Analysis (Aug 20 — Aug 24)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1200 1.1251 1.1344 1.1394 1.1488 1.1538 1.1632 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1261 1.1366 1.1405 1.1510 1.1549 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

Read more