Day: March 2, 2019

March 2
2019

Canadian Dollar Ends Week Soft due to GDP, Crude Oil Prices

The Canadian dollar sank this week, ending as the weakest currency on the Forex market, due to poor domestic macroeconomic data. There were plenty of important events this week, both good and bad. The loonie performed relatively well for the most part of the week but logged huge losses on Friday after Canada’s economic growth demonstrated slowdown, which turned out to be much bigger than was expected. The big drop of crude […]

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March 2
2019

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

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1228 1.1277 1.1320 1.1370 1.1412 1.1462 1.1504 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1276 1.1317 1.1368 1.1409 1.1460 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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