Forex Trading Articles | Forex Trading Guide & Strategy

This particular article focuses on observable trading patterns in European currencies, ones based on the calendar. There is some hesitancy to refer to them as “seasonal” patterns, as one would with commodities, for the simple reason that they are not based on some kind of easily discernable pattern of supply…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back

If one first takes a look at the market from a monthly perspective, it can be seen that USD/JPY and the JPY-based crosses have months in which they demonstrate clear tendencies. Figure 1 outlines this. The graph takes a month-by-month look at USD/JPY since 1999 (seven years total), which encapsulates…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back