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Below is copy from FXopen daily forex Analytics:
The EURUSD made another indecisive weekly movement this week, formed a Doji on weekly chart. On daily chart below we can see that the pair still trapped in range area of 1.4405 – 1.4180. We need a break from the range area to have a clearer view whether [...]
below is the daily forex Analytics from FXOpen
USDCHF Forecast
The USDCHF made indecisive movement yesterday. The pair attempted to push lower, bottomed at 1.0544 but further bearish scenario was rejected as the pair whipsawed to the upside and closed higher at 1.0617. On h4 chart below we can see that the pair still trapped in a [...]
EUR/USD
Sell Limit @ 1.3000 SL 1.3050 TP 1.2700
GBP/USD
Sell Limit @1.4280 SL 1.4380 TP 1.3500
It ’s not only the outlook on shrinking interest rate differentials between the euro and the USD that puts pressure on the euro: Weak stock markets, influenced by bad news again from the financial sector ignited some flight to the Greenback, considered now as the saver haven, the same as with the yen, now the [...]
The Average True Range is an indicator of volatility. It was developed by J. Welles Wilder in 1978. As well as the many other indicators, first it was created for the commodity markets, which are more unsteady than shares, and for the prices at the end of day. Nowadays it’s widely used in Forex market, [...]
