youre looking for something more interactive in nature, please check out our DailyFX Live webinars. WTB was born out of frustration with existing world clock apps, online meeting and time conversion tools. MetaTrader4 (MT4) has emerged as one of the worlds most popular and widely implemented retail forex trading platforms. This makes it a highly flexible platform for the successful trader. USD/CHF Two-Hour Price Chart Chart prepared by James Stanley NZD/USD Needs a Pullback, But Bulls Remain In-Charge Ive been following this one for almost a month now as October price action started to show a slowing of sellers at the lows. NZD/USD Four-Hour Price Chart: Pullback Potential From Fresh Four-Month Highs Chart prepared by James Stanley Bullish USD/CAD on Hold of Confluent Support The past few weeks have brought an imbalance in short-side USD-setups as already in November Ive looked at such in USD/CHF, USD/CNH, NZD/USD. For trading ideas, please check out our Trading Guides. And when the US Dollar was finally able to display a bit of weakness, the Kiwi was set free to fly-higher on the charts.
Thursday is a market holiday in the United States, and Friday will probably bring low liquidity as well as the Thanksgiving holiday leads into Black Friday. Markets have just passed the mid-point for Q4, and so far its been a busy quarter with a number of key themes still developing. This could make for an especially troubling backdrop in the latter-portion of next week as low liquidity is met with a couple of themes that could bring large drive into related markets. Buying at this point does not seem prudent as the pair is now at fresh five-month-highs, and a pullback can be in order for bullish strategies. Sellers slowed the throttle as a big long-term. A lower-high inside of the.1500 swing that printed last week keeps the door open for bearish setups and stops above the psychological level, with initial targets set.1355. Bearish EUR/USD Below.1550 for USD-Strength Strategies. And in Europe, a rift remains between Brussels and the Italian government after Italy re-submitted a very similar budget to the European Commission as what the EC had rejected in October. US Dollar Four-Hour Price Chart, chart prepared by, james Stanley.