Post Tagged with: "forex pattern"
Non-Farm Payrolls and the Pound
The monthly Non-Farm Payrolls makes the markets go crazy. Even in this madness, some swing patterns can be identified and handled. While most currencies can swing back and forth, GBP/USD might fall and not come back. 1. But the rumor, sell the fact: This known traders’ saying also works in the forex markets. In some cases,
Another Friday – Another Dollar Comeback
This is already becoming a pattern – the US dollar makes serious gains in the late hours of the forex trading week – late Friday afternoon. The excellent Existing Home Sales supported the dollar’s rising this week. Let’s examine the pattern. The dollar was losing today to many currencies. Regarding the EUR/USD, the Euro had