EUR/USD: This market has been moving steadily in the...
Now that the down Daily D Extension has been hit at 1.1417 I am expecting a bullish reaction to roundabout 1.2090 which is the right tip of the Bearish Crown. There is a smaller bullish crown on the daily chart and I plan to look for a 123 buy signal at the right tip ...Continue Reading
An increase in the value of an asset; the rising of a price in response to market demand.
A market in which the current price reflects all available information from past prices and volumes.
An exchange rate between two currencies. The cross rate is said to be non-standard in the country where the currency pair is quoted. For example, in the US, a GBP/CHF quote would be considered a non-standard rate; whereas in the UK or Switzerland, GBP/CHF would be one of the primary currency pairs traded.