The forex market is a vast, diverse patchwork of traders based around the world. From banks to private individuals, just about anyone can trade on forex pairs these days, with over $5.1 trillion turned over every single day and there are major currency with high trading volume, those major currencies include usdjpy, usdchf, eurusd and gbpusd.
Today we go deeply in eurusd this is the most traded pair in the forex market with over €1.1 trillion in daily average turnover, this pair has been in an uptrend for while eur has strengthens the dollar since 2002. we have seen uptrend from 0.86013 per eur to 1.08812.The uptrend may be expected to continue while pair is trading inside support level 1.0897 and 1.08516. Good luck if you looking for a buying opportunity.
EURUSD DAILY CHART
Highest: 1.0934
Lowest: 1.0874
Difference: 0.0060
Average: 1.0896
Change %: -0.2563
EURUSD WEEKLY CHART
Highest: 1.1022
Lowest: 1.0874
Difference: 0.0148
Average: 1.0896
Change %: -0.9274
EURUSD MONTLY CHART
Highest: 1.1022
Lowest: 1.0874
Difference: 0.0148
Average: 1.0893
Change %: -0.0367
(Charts from Tradingview.com)
Live Chart https://www.tradingview.com
Join live trading room http://blog.globalforex.co.za/
Follow me at tradingview