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Day: August 31, 2019
August 312019
US Dollar Ends Week Strongest as US-China Tensions Deescalate
The US dollar ended the week as the strongest currency on the Forex market, though commodity currencies like the Australian and Canadian dollars (but not the New Zealand dollar) were following close behind. The developments in the US-China trade conflict was one of the main drivers for the market during the week. The week started with the news that China wants to renew trade talks, though Chinese officials denied that they have reached out to Washington […]
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August 312019
Weekly Forex Technical Analysis (Sep 2 — Sep 6, 2019)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0713 1.0838 1.0914 1.1039 1.1114 1.1240 1.1315 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0825 1.0889 1.1026 1.1090 1.1227 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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