Hello traders,
Few days left until the end of the month and today the range is so tight that even for 5 pips you must wait the whole day. The only strong market move was made by the NOK pairs because they have announced a little bit higher unemployment and less retail sales. I think that this will be temporary effect but maybe the resistance (USDNOK, EURNOK) will be broken. This will happen (if so) maybe during Fed minutes after 6 hours.
I can't find a pair which has bigger volatiliy than 0.1% for the day so I will wait at least for 4pm
Good luck all
Few days left until the end of the month and today the range is so tight that even for 5 pips you must wait the whole day. The only strong market move was made by the NOK pairs because they have announced a little bit higher unemployment and less retail sales. I think that this will be temporary effect but maybe the resistance (USDNOK, EURNOK) will be broken. This will happen (if so) maybe during Fed minutes after 6 hours.
I can't find a pair which has bigger volatiliy than 0.1% for the day so I will wait at least for 4pm
Good luck all