Day: November 10, 2018

November 10
2018

US Dollar Ends Week of FOMC Decision on Strong Footing

The US dollar performed decently over the past trading week but was outperformed by the Australian and New Zealand currencies, which were the strongest on the Forex market during the week. The policy statement from the Federal Open Market Committee provided a moderate boost to the greenback. While the FOMC did not change monetary policy, it signaled that plans for further interest rate hikes remain intact. The Aussie and the kiwi were supported by the rebound […]

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November 10
2018

Weekly Forex Technical Analysis (Nov 12 — Nov 16)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1083 1.1199 1.1267 1.1383 1.1451 1.1567 1.1634 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1187 1.1242 1.1371 1.1426 1.1555 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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