The EUR/USD pair went back and forth during the course of the sessions for the week, but eventually settled on a very neutral candle. The 1.10 level is
The EUR/USD pair went back and forth during the course of the sessions for the week, but eventually settled on a very neutral candle. The 1.10 level is essentially “fair value” in this pair, as we have been consolidating between the 1.08 level on the bottom, and the 1.12 level on the top. With this, we think that it is more or less going to be a short-term traders market more than anything else, so having said that we are looking for trades off of daily and lower time frame charts.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
