Alternating HI/LO Shifts #EURO #CABLE #YEN

On USD Direction:

The market price action post negative CPI data, has given the USD and its counterparts an intra-day price pullback from their respective HI/LO levels. As the movements were made between
Wednesday & Thursday with the USDJPY (BOJ) gaining momentum on its strength in the Asian trading session. While making a short comeback price & pullback from a disappointing CPI data; leaving a USD retreat at the closing of the week's trading.

Similar actions took place with both the EURO & CABLE that resulted with a breather of short-profit taking during the earlier trading session in Asia market. These are the three major pairs that has been shifting price action relative to the surrounding fundamentals influencing the market. As both buy / sell sides can literally take advantage of these price swings in either direction, swing traders alike are having a field day relative to broker's transaction revenues running high with this kind of market volatility. Caution is advise nearing major event risk, as probable increase on margins can be called upon with the expected volatility.

Alternating HI/LO Shifts #EURO #CABLE #YEN