EUR/USD: This market has been moving steadily in the...
The monthly chart is in a large Bearish channel. There is also a down Fibonacci ABCD swing with the D extension at the parity level. The Weekly chart is in a Bearish ABCD swing. The Daily Daily chart is also in a down ABCD swing as the counter trend line has been broken. I expect price to continue falling to 1.0136 which is the Daily Fibonacci D extension. Get this chart a ...Continue Reading
The risk run by a currency trader that a given country’s government may intervene in the market (does not include central bank intervention). This may occur during extreme political situations such as war or civil unrest.