Slow price action today - Forex News by FX Leaders

Slow price action today

Posted Monday, May 9, 2016 by
Skerdian Meta • 1 min read

Here we are this morning and the price in most pairs is right where we left it last night. The USD had a small run overnight, which went well for our AUD/USD sell forex signal which we opened last night, but it´s back around the opening level right now. But, the JPY has declined and it is about 80 pips down against the Buck. It is slowly marching higher and is going in the right direction for our long-term buy forex signal in this pair.

 Most USD pairs remain unchanged this morning but USD/JPY is slowly marching higher

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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