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Day: February 9, 2019
February 92019
US Dollar Ends Week Strongest amid Slowing Global Growth
The US dollar ended the week as the strongest currency on the Forex market even though fundamentals were not particularly supportive to the currency. It is just things in other parts of the world were even worse, with many countries forecasting slowing economic growth. Commodity currencies were leading the decline due to risk aversion caused by the economic slowdown. The developments in the Sino-US trade talks looked positive initially due to optimistic comments from […]
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February 92019
Weekly Forex Technical Analysis (Feb 11 — Feb 15, 2019)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1135 1.1228 1.1275 1.1367 1.1414 1.1507 1.1554 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1217 1.1252 1.1356 1.1391 1.1495 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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