Patiently Waiting!
Nice to see people checking our the site again. I suspect we will be due for another signal very soon.
Although German data has printed fair the US had some good data come out today and should accelerate an already powerful trend that is now in motion. That of course is the rise in the US Dollar which will continue to power up. As it does the currencies that trade in correlation to the Dollar with fall.
I do not rush my signals as certain market conditions need to be present before I call a "Sell".
The EUR/USD is setting up for a wash and rinse to the upside I suspect before moving down again.
Although German data has printed fair the US had some good data come out today and should accelerate an already powerful trend that is now in motion. That of course is the rise in the US Dollar which will continue to power up. As it does the currencies that trade in correlation to the Dollar with fall.
I do not rush my signals as certain market conditions need to be present before I call a "Sell".
The EUR/USD is setting up for a wash and rinse to the upside I suspect before moving down again.
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