Day: October 6, 2018

October 6
2018

Weekly Forex Technical Analysis (Oct 8 — Oct 12)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1288 1.1376 1.1450 1.1537 1.1611 1.1698 1.1772 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1372 1.1443 1.1534 1.1604 1.1695 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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October 6
2018

Positive Macroeconomic Data Helps US Dollar End Week Strong

The US dollar ended the week as one of the strongest currencies on the Forex market, though the Great Britain pound outperformed the greenback. The Canadian dollar was also strong, while other commodity currencies were weak. The US currency was firm thanks for the most part to solid domestic macroeconomic data and rising Treasury yields. Mixed nonfarm payrolls hurt the greenback to some degree by the end of the week, but the currency remained strong overall. The US […]

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