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. There is also a Bearish Crown with the D extension at 1.0500. As long as price remains below 1.1200 I expect price to continue bearish ...Continue Reading
One Cancels Other Order (O.C.O. Order)
A contingent order in which the execution of one part of the order automatically cancels the other part
Market rates used when a trader runs an end-of-day to establish profit and loss.