Serving Traders Since 2005
EUR/USD was rising every single trading day this week despite rather poor dynamics of the U.S. macroeconomic indicators. We received a series of important reports this week and they mostly failed to support the dollar. EUR/USD is now trading near 1.4591 after opening at 1.4304 on Monday.
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3994 | 1.4086 | 1.4194 | 1.4285 | 1.4394 | 1.4485 | 1.4594 |
| GBP/USD | 1.5903 | 1.6008 | |||||
I’ll try to cover the latest fundamental reports from the U.S. economy that affected the EUR/USD pair this week. Today, the dollar is losing against the euro, but overall week is almost a perfect doji candle with a lower spike being a bit longer than the upper one. The weekly high …
