EUR/USD: This market has been moving steadily in the...
The Weekly Probability is Bullish as the Outer Trend Line was broken to the upside. There is an UP Fibonacci AB Boundary on the Daily chart with a Super Shallow Retracement at the Fib 0.236 Retracement level, however the B-High at 1.1900 was breached to the upside suggesting that price will move higher. Next resistance is the Daily Fibonacci 1.27 extension at 1.2100. I am r ...Continue Reading
An arrangement that maximizes free credit and speeds the dealing process by reducing the need to constantly re-check credit. Large banks and trading institutions may have agreements to net outstanding deals.
Liquid and Illiquid Markets
Investors’ ability to buy and sell at ease with minimal impact on price stability. A market is described as “liquid” if the spread between the bid and the offer is small. Another measure of liquidity is the volume of buyers and sellers, with more players creating tighter spreads.