Posts Tagged ‘up…’

or put in a more *fancy* way…Taking Advantage of Directional Bias with Data on the Horizon
In my opinion, playing data is all about expectations. What has been discounted or “baked into the cake”? It’s not an easy thing to determine and it requires price movement to be measured. Ignoring the psychological effect and volatility that [...]

After a week of hard-fought gains and higher lows in the EUR/CAD, the Euro has weakened slightly against the Canadian Dollar and corrected lower intraday. After exhausting at the resistance of the Forecast area between 1.3575 and 1.3603 (F)–which projected the upside target following the Rising Wedge continuation–prices are moving lower in what likely is [...]
