Week 18 gave us a Strong Euro
week. This is a bit funny since the Euro
did not really have any good news to relay on. The main reason is likely to be correlation and since Euro
is the Anti USD, the negative numbers on the USD, gave the EUR a nice power boost.
This shows in our weekly Forex Power analysis.
Forex Pairs of the week:
This is NOT a buy recommendation merely an indication of what pair and direction to apply your strategies on!