Looking at the upcoming week, it doesn’t take much to imagine that there will be some volatility. After all, we’ve seen the markets move quite rapidly in both directions, as we go from a “risk on” to a “risk off” type of environment. One of the biggest problems that we have going right now as […]
Read Some MoreThe Forex markets had a few interesting turns this past week, and without a doubt the most important one would have been the EUR/USD closing above the 1.35 level. This confirmed a suspicion of ours about an inverted head and shoulders pattern with the neckline being at the 1.35 level. Because of this, the EUR/USD […]
Read Some MoreUnfortunately, we cannot write about the upcoming week in the FX markets without mentioning the US “fiscal cliff” drama again. With this being said, there is a high probability that we will get headlines during the week that will push the markets around back and forth. We are simply going to be stuck in a […]
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