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 . of the pair is 134.86
The current % 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 . : It is the estimated high to low ratio of a currency pair calculated over some specific number of days for each currency pair.
% : It is the % movement of the pair on the current day with reference to the Avg . .
Expected target is calculated based on the Avg and currency %.