Weekly Forex Market Update & Key Levels Nov 16 – 20th

WEEKLY FOREX UPDATE

EURUSD – The Euro had another bad week, comments from the ECB that they will intervene in the market to provide the necessary liquidity and the US stock market taking a nose dive fueled upward pressure for safety and into the US dollar. I would expect further sideways price action until the trading range has…

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Weekly Forex Market Update & Key Levels Nov 9 – 13th

WEEKLY FOREX UPDATE

EURUSD – The Euro had another rough week amid comments from the Fed suggesting to increase interest rates in December. Ironically, the Fed also hinted that negative interest rates is not out of the question which leads me to believe that anything could happen in December. I expect further confusion and sideways movement in its…

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