Day: February 2, 2019

February 2
2019

US Dollar Ends Week with Losses due to Dovish Fed

The US dollar fell against most of major counterparts during the past trading week largely due to the relatively dovish stance of the Federal Reserve. The losses were not particularly big, though. In its statement, the Fed talked about being “patient” in adjusting monetary policy. That led to to speculations that the central bank will delay additional interest rate hikes and may perform fewer hikes this year than was previously […]

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February 2
2019

Weekly Forex Technical Analysis (Feb 4 — Feb 8, 2019)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1266 1.1328 1.1390 1.1452 1.1515 1.1576 1.1639 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1328 1.1391 1.1452 1.1515 1.1577 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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