at the 15-minute chart and the USD bar is at level 5 on the Forex Power chart, it means it has moved a weighted-average of 5 pips against the other 7 major currencies. This in turn has also affected the US dollar index negatively. Recap of Asian Trade November 16th 2018: USD/JPY and AUD/USD As the trading week ends, the forex market is now influenced by sentiment driven by politics. EUR/USD, floor pivot points 3rd Sup 2nd Sup 1st Sup, pivot 1st Res 2nd Res 3rd Res.1075.1145.1280.1350.1484.1554.1689, woodie's pivot points 2nd Sup 1st Sup, pivot 1st Res 2nd Res.1161.1312.1366.1516. The market has broken below the 6,000 level. So, you can enter long here, and hold as long. If you enjoy this tool please give it a 5 star! The graph on the right shows you the top 5 pairs, from all the combinations of pairs that involve the major currencies, that have been identified as having the most potential for trade.
The numbers on the Y-axis of each chart represent average pips movement. Look for updates on the Forex Forum when the chart gallery is updated.
The Philadelphia Fed released a Manufacturing PMI report, which also caused the greenback to fall. Interact on the same venue to discuss forex trading. Forex News, the forex forum is where traders come to discuss the forex market. So, the current situation is bearish. Market analysts speculated that the possible reason for that was the dovish tone of several Federal Reserve officials. FX Trading Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the eurusd, commodities, stocks and bonds.