The weather of the forex may 8 to 12, 2017

The forex can sometimes be difficult to grasp, especially for beginning traders it is why we now offer you every Friday on forex.fr to popularize the subject by offering an article at the tone shifted somewhat.

Pair GBP-USD
If the pound had managed to maintain since the beginning of the week versus the us dollar, it has completely caved in yesterday. After this drop relatively large, the british currency has slightly raised, but she has not been able to confirm since currently the trend is again downward.

Pair USD-CAD
Week saw tooth between the us and canadian dollars. The pair has, in effect, alternating upward trends and downward. Its level today is, however, higher than last Monday.

Pair EUR-GBP
Until Wednesday, the euro produced a pretty bad week compared to the pound sterling. The european currency has, however, subsequently reverses, but it never managed to regain its levels of last Monday.

Pair USD-JPY
The u.s. dollar has a good performance against the japanese yen this week. The u.s. currency has practically made that up and it close of this fact, well above its levels on Monday.

Pair EUR-JPY
The euro has made a lot of progress this week against the japanese yen, but it has not been able to maintain these gains, as the pair finished almost at the same level as Monday.

Pair EUR-USD
It was a bad week for the euro relative to the u.s. dollar. The pair is, in effect, committed on a downward trend Monday, a trend that is still present even if the amplitude is reduced.

Pair AUD-USD
The week between the australian and us dollars has been restless. The pair has started to fall before getting up and then falling back down again to finally finish, today, at almost the same level as last Monday.

Pair EUR-CHF
The euro had a good performance against the swiss franc. It has, in fact, advanced strongly on Monday, and it still retains currently the benefits of this good start to the week.

Like this post? Please share to your friends:
Leave a Reply