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Day: December 15, 2018
December 152018
Pound Ends Week as Weakest Currency due to Brexit Worries
The Great Britain pound ended the week as the weakest currency on the Forex market as the Brexit and associated uncertainties were in the center of the traders’ attention. The US dollar, on the other hand, ended the week strongest due to risk aversion. The sterling crashed at the beginning of the week as the crucial parliament vote on the Brexit was delayed to at least January. The currency rebounded later as Prime Minister Theresa May survived the confidence vote of her Conservative party. Yet the currency erased those […]
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December 152018
Weekly Forex Technical Analysis (Dec 17 — Dec 21)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1063 1.1166 1.1236 1.1339 1.1409 1.1512 1.1582 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1158 1.1219 1.1331 1.1392 1.1503 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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