The EUR/USD pair at a slightly positive we, but basically at this point in time looks like it’s ready to go back and forth and do nothing. Because of
The EUR/USD pair at a slightly positive we, but basically at this point in time looks like it’s ready to go back and forth and do nothing. Because of this, I’m on the sidelines and while I don’t see any particular trade on a short-term chart, I definitely don’t see it on this longer-term charts. With that being the case, I remain on the sidelines and probably will for a while. This is probably one of the more dangerous markets, simply because there are so many moving pieces, and of course concerns on both sides.
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.
