EUR/USD Forecast September 12, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 11 September 2016 01:32 UTC
The EUR/USD pair fell during the course of the day on Friday, testing the 1.12 level. I believe that given enough time we will probably continue to bang around in the recent consolidation area, so this point in time I think that a short-term bounce could happen. Nonetheless, I don’t think that any trade can be held onto for any real length of time, so therefore I’m not necessarily interested in this particular market. This is a market that I don’t really have much interested in until we make a longer-term signal, which at this point in time seems to be something were going to be waiting for.

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.