DAILY MAJOR CURRENCY MARKET ANALYSIS
September 17/2021
EUR/USD dip further with a heavy volatility stride against the August 13th lowest point. It was predicted yesterday that the overall market condition of the EURO - DOLLAR pair will be bearish, more often than not the market adhere to the presence of the bears.
In view of the EURO- DOLLAR market structure, it should be noted that in subsequent trading sessions market will tend to have a mild pullback and retracement, which will be needed to stabilise the demand and the supply of the market.
But presently market players including the interbank market are quite less in need of the Euro thus a weaker notion on the EURO could foster the profitable actions of the sellers.
Reporting major currency momentum across boards it is discovered that the US dollar had a positive impression in the market at the closure of this week trading session.
To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
September 17/2021
EUR/USD dip further with a heavy volatility stride against the August 13th lowest point. It was predicted yesterday that the overall market condition of the EURO - DOLLAR pair will be bearish, more often than not the market adhere to the presence of the bears.
In view of the EURO- DOLLAR market structure, it should be noted that in subsequent trading sessions market will tend to have a mild pullback and retracement, which will be needed to stabilise the demand and the supply of the market.
But presently market players including the interbank market are quite less in need of the Euro thus a weaker notion on the EURO could foster the profitable actions of the sellers.
Reporting major currency momentum across boards it is discovered that the US dollar had a positive impression in the market at the closure of this week trading session.
To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.