Last week the Dollar saw mainly downtrends against the major currencies. |
The JPY underwent sharp downtrends against the EUR and the GBP, and experienced a volatile session against the USD during the past week. |
It works well with the SAR method to help investors profit from both uptrends and downtrends. |
One can benefit from both uptrends and downtrends in the foreign exchange market. |
If signals from both the EMA and the MACD histogram point in the same direction, both inertia and momentum are working together toward clear uptrends or downtrends. |
At Go Forex we have noticed that the biggest GBPUSD moves have occurred on negative US news which has led to sharp upward advances, followed by downtrends. |