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 %.