dkbMARKETS is all about Enlightening & Mentoring Traders. This Trading & Investing blog was formed to give daily updates and advise on Dr Aderemi Banjoko's Day Trades, Swing trades and also other investments in the financial markets. This will hopefully assist you in learning the basic foundations of how to be successful in the Financial Markets (fixed income, stocks, commodities and currencies (FX).
Market Assessment - EURUSD
On reviewing the economic calendar today, there are NO reports of HIGH importance due out today. In terms of global news, we have to watch the situation in Syria and North Korea closely. The actions of USA, Russia, China & Iran in these countries could have an impact on global markets.
Looking at the EURUSD 5min chart, the Market is currently trending sideways between the Pivot Point and S1. I have placed a pending BUY order just above the Pivot Point and a pending SELL order just below S1, see chart.
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