H4 timeframe reveals price established support off 1.29, despite an aggressive whipsaw to session lows at 1.2854 mid-ways through London Thursday, post BoE announcement.
08
Feb
2019
Category: Featured
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01
Feb
2019
Lunar New Year Holiday Schedule 2019
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Updated trading schedule and general information related to the Lunar New Year Holiday
01
Feb
2019
Friday 1st February: Greenback preserves gains above 95.50 ahead of today’s NFP report
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ECB’s Weidmann comments regarding poor German growth figures and several years until ECB’s normalization, the H4 candles clocked session lows of 1.1435.
31
Jan
2019
Thursday 31st January: US dollar under pressure; reclaims 95.30 to the downside on dovish FOMC.
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On the much awaited FOMC rate decision holding pat in recent hours, dovish tweaks in the latest FOMC statement and Fed’s Powell stance shifting more dovish, the greenback fell sharply, printing fresh lows at 95.25.
30
Jan
2019
Wednesday 30th January: FOMC rate decision & press conference eyed today.
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The British pound, amid US trading hours, yielded ground to the US dollar, as the pair shrivelled over plan B Brexit concerns.