Still waters before ECB waves?This morning, Euro FX futures (June contract 6EM5) are trading around 1.14300, still contained within the upper end of a well-established range between 1.1350 and 1.1450. The volume profile continues to show a heavy concentration of activity around 1.1380, reflecting a neutral stance from market par
Weekly FOREX Forecast: When Missiles Fly, So Does The US Dollar This is the FOREX futures outlook for the week of Jun 16-20th.
In this video, we will analyze the following FX markets:
USD Index, EUR, GBP, AUD, NZD, CAD, CHF, and JPY.
Middle East tensions are high, missiles flying.... and so will the USD. Look for the USD to
out perform its counterparts durin
6E long position in cup with handle pattern Cup and Handle Pattern:
The chart exhibits a classic "Cup and Handle" formation. The "cup" forms from around July 2024 to March 2025, where the price dips to a low near 1.06250 (around October 2024) and then rises to a high near 1.13660 (March 2025), creating a U-shaped recovery.
The "handle" follow
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Micro EUR/USD Futures (Dec 2024) is Dec 16, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro EUR/USD Futures (Dec 2024) before Dec 16, 2024.