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Euro and Cable turning bearish but Dollar's momentum is still lacking

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Price action in the currency markets was once again limited over the past 24 hours as we discussed in our previous report. This year there is a lack of any fundamental developments during the holidays’ season and this leads to traders staying out of the markets and benefiting from this low volatility to enjoy some away time. The Fed decision earlier this month was the last important development of the year and given that everybody knew pretty much what was going to happen there was little room

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