Those of you that are trend followers are probably eagerly watching USD/CAD to see if its latest 2.21% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 20 days move.
Related Posts
After testing 0.8585 numerous times, USD/CHF has finally broken through. Can we expect a bullish trend to follow?
USD/CHF has breached the resistance line at 0.8585. It may continue the bullish trend towards 0.8610, or, it…
EUR/USD – It’s perhaps in these huge moves where the greatest opportunity lies
EUR/USD has moved lower by 1.86% from 1.11299 to 1.09232 in the last 20 days.
Is the extremely large movement on NZD/USD a sign of things to come?
NZD/USD dropped sharply for 11 days – which is an excessively big movement for this instrument; exceeding the…