Day: May 25, 2019

May 25
2019

US Dollar Ends Week Second Weakest After Great Britain Pound

The US dollar was one of the weakest currencies during the past trading week due to escalation of the trade war between the United States and China. While the greenback usually thrives in the environment of risk aversion, that was not the case this time. The weakest currency was the Great Britain pound, though. The trade war escalated after Chinese trade giant Huawei was banned from using Google services. The resulting risk aversion […]

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May 25
2019

Weekly Forex Technical Analysis (May 27 — May 31, 2019)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1032 1.1069 1.1137 1.1174 1.1242 1.1279 1.1347 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1077 1.1152 1.1182 1.1257 1.1287 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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