The EUR/USD has fallen close to 4 percent or 600 pips since the beginning of the year. Although fundamental factors are certainly in play, there are seasonal factors as well.
Back in December, I published article warning about the seasonal effect on the EUR/USD.
Looks like it is playing out as expected:
One of the [...]

Posted in Forex, Forex News, eurusd seasonality, forex blog, forex signals 3 Comments »

One of the new chapters in my book, Day Trading and Swing Trading the Currency Market, Second Edition is on seasonality.
Technical analysis is based on the idea that price patterns repeat themselves and seasonality is rooted from this very same concept.
According to the following chart, over the past 10 years the EUR/USD [...]

Posted in Forex News, Forex Technicals, eurusd seasonality, forex blog, forex book, forex signals, fx correlation 1 Comment »