Majors Stand Out due to their Indecisive Price Action

Admiral Markets Majors Stand Out EUR/USD 4 hour The EUR/USD price action remains corrective and is unable to break out of the contracting triangle chart pattern (orange and green trend lines). 1 hour Price action was unable to push above the horizontal resistance (red lines) and is now back at a support trend line (green)… Continue reading Majors Stand Out due to their Indecisive Price Action

US Dollar Might Extend The Corrective Move

US Dollar Might Extend The Corrective Move March 23, 2015 Last week’s movement within the Forex market was driven by one among the foremost thirstily anticipated FOMC meeting statement. As was anticipated, the Federal Reserve System dropped the word “patient” from its policy statement however the tone depicted a peaceful economic outlook. The U.S.A. financial… Continue reading US Dollar Might Extend The Corrective Move