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Day: October 13, 2018
October 132018
US Dollar Ends Turbulent Week Soft
The stock market crashed this week and the US dollar followed. While the greenback recovered somewhat by the weekend, the US currency ended the week among losers. US President Donald Trump criticized the Federal Reserve for raising interest rates, saying that there is no inflationary pressure to warrant such actions. Market analysts considered Trump’s comments one of the major reasons for the dollar’s decline. Macroeconomic data seemed to support Trump’s claims […]
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October 132018
Weekly Forex Technical Analysis (Oct 15 — Oct 19)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1278 1.1355 1.1457 1.1533 1.1635 1.1712 1.1813 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1361 1.1469 1.1540 1.1648 1.1718 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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