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EURUSD flat markets ahead of easter, but gearing up for

eurusd flat markets

It seems the markets have taken pause ahead of the Easter break, there isn’t much activity across the currencies as most markets remain flat with the weekly candles showing indecision. These stale, low volatility markets can be frustrating for traders but it’s where you must demonstrate the highest levels of discipline.

EURUSD very flat at the moment, it’s like we’ve got the sails up but there is no wind to push the boat along. However the market has tried to rally higher a couple of times and the market has clearly denied these higher prices, closing as bearish pin bar. This could be a signal of what is to come when the markets pick up momentum again.

It’s not recommended to trade in quiet markets like this, but this could be an early tip for further downward movement next week.

I hope everyone has a fantastic easter and enjoys spending some time off with their loved ones.

Dale Woods

Dale Woods

The Forex Guy is an educational Forex trading blog run by Dale Woods who has been a passionate retail Forex trader for over 6 years. Dale trades the Forex market exclusively with price action based methodologies, believing price action trading to be one of the powerful approaches used the market today, and really is the core foundation of any good trading system. Dale also strongly believes in keeping charts clean and keeping things simple, logical and uncomplicated. By making trading decisions straight off the raw price action data, you can ‘bypass’ unnecessary variables like exotic indicators, trading robots or magical pivot levels. Dale enforces the idea that there is hardly any edge trading news and economic data releases and much prefers to make trading decisions straight from the candlestick themselves. ‘The Forex Guy’ is dedicated to providing knowledge to serious and passionate traders who want to learn the art of price action trading, positive geared money management and how to psychologically condition themselves to become a professional trader.