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Nov-21: Forex Analysis Eur/usd

Title: EUR/USD intraday: key ST resistance at 1.262. Summary: Update on supports and resistances. Story: Pivot: 1.262Short positions below 1.262 with targets @ 1.2525 & 1.2475 in extension.Alternative scenario: Above 1.262 look for further upside with 1.27 & 1.273 as targets.Comments: the pair is capped by a declining trend line. 1.262 i

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis. The foreign exchange market (currency, forex, or FX) is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. // Issu de la contraction des termes anglais Foreign Exchange, Forex est le surnom universellement donné au marché des changes, sur lequel les devises sont échangées l’une contre l’autre, à des taux de change qui varient sans cesse. Ce marché mondial, qui est essentiellement interbancaire, est le deuxième marché financier de la planète en termes de volume global, derrière celui des taux d'intérêt. C'est néanmoins le plus concentré et le premier pour la liquidité des produits les plus traités, comme la parité euro/dollar.

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RTFX Trend Indicator : EUR/JPY Neutre.

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