Yesterday being a holiday, Thanksgiving in the USA there was very little liquidity in the markets as the big players mainly the banks, hedgefunds, insurance companies were closed. However we saw the bulls kicking the market during the Asian session to 1808.34. I am anticipating a short retracement to about 1791.65. The market has already picked in buyers after the break of the trendline and zon 1801 - 1805 only to retrace and stop them out before collecting more buy orders at the bottom then rally. Let me know your thoughts.
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. ... You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt. I am not liable for any losses or profits as what is shared is my personal sentiment and analysis of the markets.