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Forex markets are winding tight.
November 26, 2019
Sorry folks. Not much going on for Forex traders today. Holiday markets are settling in. Be careful. Staying away is even better. Next week is a new Month, and aims to shake things up a bit. EURUSD, GBPUSD, and USDJPY are looking ripe for a directional move. Sideways is the call until then for the most part.
Things to watch will be the way DXY settles out the week. There will be weekly and monthly end on Friday. Will there be a signal? Bullish momentum looks to be running its course. A turn back to Support may be what is needed to spark a Rally in the EURUSD and GBPUSD. Watch the USDJPY and USDCHF as well. Bearish signs here would likely add fuel to a slide in DXY.
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Have a great day,
Forex Trading Unlocked
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