Gold has always been the refuge to go to in times of economic worries and doubt. Its value has been imprinted deep into the human psyche since antiquity and the metal has intrinsic worth, finding myriad uses from jewellery through to space exploration.
Technicals and Price Action Agree, EUR/USD Going Down Today
Price action on the daily chart is close to the mental barrier of 1.5000 and each of the four technical indicators is rather high above it’s centerline for the daily chart.
EURUSD Further Jumping is Expected
EURUSD new support and resistance levels are formed, it looks like wide trading range is formed between these two barriers. While candles remain in this area, further jumping is expected. For now, while support holds, bulls are in better shape.
The EUR/USD’s Wild Day will Not Break 1.5000
Three technicals on the EUR/USD are slightly above the centerline. The Bollinger Bands, Full Stochastics, and RSI are saying there is a likely gently down moving trading day in store for the 24th.
What Forex Trading and Basketball Have in Common
The foreign exchange market is a very lucrative one. The possibilities for personal profit are literally endless. A trader can make more money trading Forex then they will know what to do with.