Currently we are at 94.48 At the R4 which may be the top. We are looking for a continuation to the Trend @ 95.26 and then a move lower. The average daily true range (ATR) for the pair currently is 113 pips.See More
October 24th 2014. There are some clues that the dollar correction may have come to an end and we are seeing that in the likes of USDJPY, however let’s not get too far ahead of ourselves. Although EURUSD is close to the lows of the week it is by not mean’s certain that the downtrend has resumed and AUDUSD price action would support that counter view.EURUSD – As I said, close to the lows of the week. I’ve got a number of long positions in this market with an average price just above 1.27. The…See More
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