EUR/USD: This market has been moving steadily in the...
The Probability is Bearish. The Daily time frame is in a down ABCD swing. I have also taken profit on the EURUSD due to the bearish crown right tip being hit on the 2 hour chart. I also see the risk for a potential pull back in the USD Index as the USD index is at a high price. I placed a market sell with my target the Daily D @ 1.0900 ...Continue Reading
Risk to which a companyâ??s cash flow can by exposed due to foreign exchange fluctuations.
An individual who interprets historical data to find trends, predict future movements and aid in technical analysis.
A dealer phrase referring to the first few digits of an exchange rate. These digits rarely change in normal market fluctuations, and therefore are omitted in dealer quotes, especially in times of high market activity. For example, a USD/Yen rate might be 107.30/107.35, but would be quoted verbally without the first three digits as, “30/35”.