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Day: June 29, 2019
June 292019
US Dollar Ends Week Flat vs. Majors, Lower vs. Commodity Currencies
The main theme this week was the Group of Twenty summit, or more specifically the meeting of the US and China leaders on the sidelines of the summit. The US dollar ended the week either flat or a little higher versus other majors as traders were reluctant to risk ahead of a major event. Yet it seems they were optimistic enough for riskier commodity currencies to become clear winners this week despite the threat of interest rate cuts from […]
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June 292019
Weekly Forex Technical Analysis (Jul 1 — Jul 5, 2019)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1270 1.1307 1.1338 1.1375 1.1406 1.1443 1.1474 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1306 1.1335 1.1373 1.1403 1.1441 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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