EUR/USD: This market has been moving steadily in the...
The Monthly Chart is in a large Down channel and if you plot the Down Fibs then there is a Monthly D extension at 1.0000 (Parity). On the Weekly time frame there is also a down Fibonacci swing with its D extension way below parity at 0.9300. As long as price remains below 1.1200 I expect price to continue bearish. Price is now heading towards the Daily D at 1.0979 about +11 ...Continue Reading
Cost of Carry
The cost associated with borrowing money in order to maintain a position. It is based on the interest parity, which determines the forward price.