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Day: December 8, 2018
December 82018
Canadian Dollar Ends Week Lower on Risk Aversion, Falling Oil Prices
The Canadian dollar ended the week lower, joining other commodity currencies in decline. The main theme of the week was risk aversion on the Forex markets, which made safer currencies the strongest, while hurting riskier currencies related to raw materials and growth. The week started on a seemingly positive note on reports about a truce in the trade war between the United States and China. But the market sentiment quickly went south and deteriorated further in the second half […]
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December 82018
Weekly Forex Technical Analysis (Dec 10 — Dec 14)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1217 1.1264 1.1330 1.1377 1.1443 1.1490 1.1556 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1269 1.1340 1.1382 1.1453 1.1494 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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