Forexistential

EUR/USD analysis: short-term rise vs. fading volume?

OANDA:EURUSD   Euro / U.S. Dollar
Hello traders!

First of all a huge THANK YOU for following me and posting comments! I look forward to more questions/comments.

Short-term EUR/USD rising from earlier today seems to have stalled just above 1.17, leading to asking the following question:

why?

In this video, I look at:

- spot fx, medium-long term analysis;
- futures fx, volume analysis;
- past price behaviour along 12-year downtrend (parallel channel).

Enjoy and see you in my next video!

Take care
Stay safe
Francesco, FreeFX

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.