Prabhu.Ram
Long

Top 5 for day 5) EURUSD long

FX:EURUSD   Euro / U.S. Dollar
67 0 0
Hello traders!

I will be introducing a new system of trading on this page from now on.
I will be proving the 5 most tradable pairs for the day everyday with some proprietary indicators' results.
Fifth pair for today is EUR/USD             . Though there was a visible EUR weakness yesterday, There still is a overall strength in the currency and it may push the currency pair to retrace some of the losses from the last 2 days.
* Description and meaning of all my indicator numbers are given below.

My indicators show the strength consistency of EUR 0.8814 and USD as 1.2630.
The current avg             . volatility of the pair is 134.86
The current volume % is 52%.
Expected target for today is 1.1280

*Strength consistency is a calculated value of strength for each currency. Closer the number to 0, stronger the currency.
Avg             . volatility : It is the estimated high to low ratio of a currency pair calculated over some specific number of days for each currency pair.
Volume % : It is the % movement of the pair on the current day with reference to the Avg             . Volatility .
Expected target is calculated based on the Avg             volatility and currency volume %.

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