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Day: December 1, 2018
December 12018
US Dollar Ends Week Firm on Interest Rate Outlook
The US dollar slumped during the week after Federal Reserve Chairman Jerome Powell made a U-turn, saying that interest rates close to neutral levels. The currency recovered later following the Fed policy minutes. Commodity currencies were strongest during the week, with the exception of the Canadian dollar. US stocks climbed, while the greenback tumbled, after Powell stated that borrowing costs are “just below” the neutral level, contradicting […]
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December 12018
Weekly Forex Technical Analysis (Dec 3 — Dec 7)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1120 1.1193 1.1254 1.1328 1.1389 1.1462 1.1524 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1190 1.1248 1.1325 1.1383 1.1459 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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