Price Action (Technical Analysis): We are currently at our yearly resistance level and start to speculate price consolidating indicating us that Buyers are decreasing momentum as we anticipate our next move being in a Overbought market, would be our markets distribution phase. Last time price got that high, we saw multiple pushes down. Seller momentum overload, purely Price Action analysis would tell us to short US30 until 24794.
Fundamental Analysis: Knowing this week will be a very important week for all currencies as 20 Nations will come together also putting an end to this trade war, I see price not making as much impulsive moves breaking it's consolidation market until further news is released.
Fundamental Analysis: Knowing this week will be a very important week for all currencies as 20 Nations will come together also putting an end to this trade war, I see price not making as much impulsive moves breaking it's consolidation market until further news is released.