FX_IDC:EURUSD EURO / US DOLLAR
I trade news expectations with technical & trade news release.. incredibly accurate..make tons of pips..safe & smart. Feel free 2 ask questions
Comment: With the Fed looking 2 gradually raise rates..its a good opportunity 2 look into this chart as statements & speeches are going 2 be more & more important. Let's not 4get that stuff like Brexit, a possible fall of Euro, oil demand rising along with global production starting 2 pick up is something 2 look into. Eyes out for statements
d rod i have a question. lets take a pair,say, the gbp/jpy. a bullish report for the pound is released.the pound is now stronger. is it accurate that in now takes more yen to purchase the pound,so therefore it bearish for the pair. i know that other factors could alter the relationship,but now lets trade only on this one factor.am i correct?