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Day: July 27, 2019
July 272019
US Dollar Ends Week Strongest Despite Outlook for Fed Easing
The US dollar was surprisingly strong during the past trading week, rising against all other most-traded currencies. That is despite the outlook for monetary easing from the Federal Reserve next week. The greenback got a boost by the end of the week from a better-than-expected GDP print. But that did not change the outlook for a 100% chance of an interest rate cut from the Fed next week. It is possible that the cut […]
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July 272019
Weekly Forex Technical Analysis (Jul 29 — Aug 2, 2019)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0953 1.1027 1.1077 1.1151 1.1201 1.1275 1.1325 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1021 1.1065 1.1145 1.1189 1.1269 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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