Current Market condition
1. Price is below 55 and 200 SMA which suggests a bearish market move.
2. A break below 130.38 signals that bearish momentum continues
3. Currency strength shows that EUR is weak along with CHF while JPY is slowly fading it's strength over the last few weeks.
4. Current rankings shows EUR is at the bottom while CAD is the strongest. Another pair to look at is EURCAD for sell opportunity
CAD
NZD
AUD
GBP
JPY
USD
EUR
CHF
1. Price is below 55 and 200 SMA which suggests a bearish market move.
2. A break below 130.38 signals that bearish momentum continues
3. Currency strength shows that EUR is weak along with CHF while JPY is slowly fading it's strength over the last few weeks.
4. Current rankings shows EUR is at the bottom while CAD is the strongest. Another pair to look at is EURCAD for sell opportunity
CAD
NZD
AUD
GBP
JPY
USD
EUR
CHF
