EUR/USD: What Moves You?

Posted by Web Editor on February 6, 2010 under Articles | Read the First Comment

It’s not the news that creates forex market trends — it’s how traders interpret the news. February 5, 2010. By Vadim Pokhlebkin

Today, the EUR/USD stands well below its November peak of $1.51. Find out what Elliott wave patterns are suggesting for the trend ahead now — FREE. You can access EWI’s intraday and end-of-day Forex forecasts right now through next Wednesday, February 10. This unique free opportunity only lasts a short time, so don’t delay! Learn more about EWIs FreeWeek here.

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What moves currency markets? “The news” is how most forex traders would undoubtedly answer. Economic, political, you name it — events around the world are almost universally believed to shape trends in currencies.

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