EUR/USD Forecast August 15, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 15 August 2016 09:53 UTC
The EUR/USD pair initially tried to rally during the course of the day on Friday, but gave back about half of the games in order to form a shooting star. As you can see, we are still very much consolidate is a therefore it’s likely that the markets are going to continue to be choppy. I have no interest whatsoever in trading this market at the moment as I believe that we are simply grinding away and is going to be an absolute account killer if you aren’t careful. Because of this, I remain on the sidelines.

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.