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Major currency pairs trading sideways ahead of the US Thanksgiving holiday

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Another day of mixed performance from the Dollar and the rest of the major currencies of the FX universe and it looks as if traders prefer to take a moment and assess the outlook of the currencies before committing into any more repositioning. Moreover, with today’s holiday in the US trading participation and volume is expected to be reduced hence market participants prefer to remain on a neutral stance for the time being. Yesterday the price action in the majors was rather volatile but within

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