A 5 pip variance is used to determine if a dynamic support or resistance level is reached.
To recap last week, commodity based currencies did most of the driving. As we pointed out, USD/CAD was overbought, while AUD/USD and NZD/USD were oversold,…
Back on September 26, 2021 we published our Weekly Forex forecasts while EUR/USD traded near 1.1720. Our models all pointed lower both in the medium…
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