Two steps forward, one step back

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    ADX reading 16, MACD flat lining at zero, CCI barely in the green zone, RSI mimicking the sideways channel seen in price... daily technical indicators are confirming the lack of definition in terms of momentum and direction in the EUR/USD; For the coming weeks I still see this market becoming attracted by the December lows at 1.05, reason why I tend to place more sell orders than buy orders lately, but still for that to happen many other asset classes would have to display movements of similar

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