EUR/USD: This market has been moving steadily in the...
The monthly probability is bearish as price is in a large Bearish channel. As long as price remains below the monthly pivot/psychological resistance at 1.1200 I shall deem the probability Bearish. The weekly probability is Bearish too as there is a Bearish crown and a down Fibonacci swing. The daily probability is also Bearish as the most recent counter trend line has been ...Continue Reading
Foreign Exchange (or Forex or FX)
The simultaneous buying of one currency type and selling of another in an over-the-counter market.