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Foreign exchange (FOREX) market is one currency with another country’s currency to exchange places. Foreign exchange market is the world’s largest financial market, the daily turnover of more than 1.9 trillion U.S. dollars, is the U.S. stock and bond market turnover is more than three times the sum. Different from other financial markets, foreign exchange [...]
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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 [...]
