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Intraday Strategies for Beginner Traders on December 29
The euro has slightly declined, while
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The euro has slightly declined, while the British pound has maintained its strength. The USD/JPY pair has also somewhat recovered after strong fluctuations.The lack of reports in the lead-up to the New Year holidays is affecting the situation. Traders, deprived of the usual fuel in the form of economic indicators, are forced to rely on less reliable sources of information, such as market sentiment and speculative forecasts. This leads to increased uncertainty and, consequently, more pronounced fluctuations in currency rates.
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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