Many traders build strategies based on divergences and identify entry and exit points.
Webinar "All you need to know about Fibonacci"
Information is not investment advice
Fibonacci retracement is a popular tool among Forex traders, so you may think that you know everything about it. Are you sure that you draw the Fibo levels correctly? Do you know that there are several other Fibonacci tools that may be of help in trading currencies? Have you heard how Fibo ratios work together with Elliott waves and harmonic patterns?
The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?
Did the coronavirus hit the United States? What does it mean for the USD? Which other events will impact the American currency today?
Coronavirus continues threatening the markets…