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Majors are trading towards different directions awaiting fresh stimulus

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    General market theme Volatility in the money markets remained elevated at the start of the week even though there was little in terms of fresh news to attract investors’ attention. With the Chinese markets closed for the Lunar New Year celebrations an important amount of volume is missing from the markets and that adds to any volatility as price swings are far stronger on thinner volume. Everyone’s attention is mainly focused on the US Dollar and its outlook that hangs in the balance with

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