riffster21

EUR, USD, AUD & JPY - Market Barometer Update

OANDA:EURUSD   Euro / Dollar Américain
Hi guys, the short term market barometer has some nice divergence and should provide some trade set-ups soon. The AUD and JPY are over-sold and ready for a 'short term' consolidation. The EUR and USD are both should strength, however, the EUR recently pushed above 80, so we may see a short term consolidation before the next push up.

The CHF, GBP, CAD and NZD are all stuck in the 60-40 area. Meaning, no clear bias at the moment.

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
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