Day: April 6, 2019

April 6
2019

Aussie Ends Week Flat, Rebounding After Decline

The Australian dollar fell during the past trading week but bounced by the weekend to end week about flat. The currency got support from risk appetite on the Forex market as well as other positive fundamental factors. One of the major sources of the Aussie’s strength was the string of positive macroeconomic reports in China, Australia’s biggest trading partner. Australia’s retail sales were very supportive to the currency as well. Hopes for a positive outcome of the Sino-US trade […]

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April 6
2019

Weekly Forex Technical Analysis (Apr 8 — Apr 12, 2019)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1110 1.1147 1.1181 1.1218 1.1252 1.1289 1.1323 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1146 1.1180 1.1217 1.1251 1.1288 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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