Day: October 20, 2018

October 20
2018

US Dollar Ends Week Strong, Commodity Currencies Outperform

The US dollar ended the week relatively strong against most other major currencies thanks to the hawkish minutes of the Federal Reserve. Yet commodity currencies, including the Australian and New Zealand dollars but excluding the Canadian dollar, outperformed the greenback. The minutes of the Fed policy meeting in September revealed that the Committee members voted for an interest rate hike unanimously. That led to speculations about the Fed hiking rates one more time this […]

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October 20
2018

Weekly Forex Technical Analysis (Oct 22 — Oct 26)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1236 1.1334 1.1424 1.1523 1.1613 1.1711 1.1801 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1332 1.1420 1.1520 1.1608 1.1709 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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