Forex Orders


There are a couple to take note of on the day, as highlighted in bold.

The first being for EUR/USD at the 1.1000 mark. That continues from yesterday and there will be large expiries at the figure level in play again tomorrow. As such, the expiries could offer a bit of a pull factor in keeping price action from breaking out too meaningfully in the sessions ahead. That provided the dollar manages to stave off any broader weakness as a whole, with risk optimism not getting too carried away for now.

Then, there is one for USD/JPY at the 147.50 level. It isn’t one that marks any technical significance, but it could just offer a bit of a ceiling to price action before US trading.

For more information on how to use this data, you may refer to this post here.



Source link

Articles You May Like

Top 3 Propfirm to trade in India #youtubeshorts #shorts #shortvideo #forex #crypto
Forex Trading for Beginners: SCALPING in BTC #livetrading ultimadbull
Is META stock a Buy or Sell?
How will Tesla benefit from Trump’s presidency?
What are the main events for today?

Leave a Reply

Your email address will not be published. Required fields are marked *