Let me show you a great feature in Tradingview that allows you to analyze currency strength and compare different markets.
By setting up a currency strength chart, you can find out which market is leading, who is the strongest mover and which market is the worst performer.
This can help you with market selection and also help you understand what is going on in...
Hope this idea helps!
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EURUSD is back into the key weekly lows and with the USDX at resistance,
we could see some short-term weakness in the USD pushing EURUSD prices higher.
If the market forms any bullish price action here we could see the market head towards
the 1.1300 level. Our idea will be invalidated if price breaks and closes below the lows
DrGraph takes a EURUSD M30 price chart to explain how the Market Makers make big profit in the market EVERYDAY. During a ranging market of many hours long, inexperienced traders will get tired and give up monitoring the price movements. They often decide to end their sufferings by entering a position and put a tight stop loss just below or above the price bars....