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Day: February 23, 2019
February 232019
Weekly Forex Technical Analysis (Feb 25 — Mar 1, 2019)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1184 1.1230 1.1280 1.1325 1.1376 1.1421 1.1471 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1231 1.1282 1.1327 1.1378 1.1422 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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February 232019
Aussie Ends Week Among Weakest Currencies Despite Risk Appetite
The Australian dollar ended the week as one of the weakest currencies on the Forex market despite mild risk appetite, caused by hopes for a positive outcome in the Sino-US trade negotiations that were extended through the weekend. Among negative factors weighing on the Aussie was the prediction by Westpac Banking Corporation of two interest rate cuts by the Reserve Bank of Australia this year. News that China banned Australian coal imports from Dalian, one of the biggest […]
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