UK49s Latest Lunchtime and Teatime Results. Every week the UK49s sets out their latest performance results, as well as key industry and outlook findings from the last quarter. The UK49s has always been an excellent source of information for Forex investors and traders, but their results and summaries have been a bit slower lately. There are still many detailed charts to peruse and countless articles to read, so I thought it was time to provide a summary and review of the current trends.
Currently, the EUR/USD pair is in a freefall. This is largely due to the EUR/USD losing ground against the GBP and USD. The market is volatile and any move that follows quickly can be quickly reversed, so holding onto the EUR and USD would be a risky move at this point. The two currencies are very far from being at break even, but they are certainly moving in opposite directions. Trading a EUR/USD can lead to some profitable trades, but it’s much more difficult to pull off these trades when the market is moving against you. This in effect makes the EUR/USD one of the most unsteady currency pairs on the market at the moment.
As such, traders are turning more towards other pairs like the GBP/USD, USD/CHF and the GBP/JPY as decent trading options. It seems that the EUR/USD may hold its position for now, but it is looking like that may change any second. The CHF and GBP/JPY are slightly more stable and safe than the EUR/USD, so if you have an exiting combination, you might want to stick with these currencies rather than chase the moving EUR/USD.
The CHF and GBP/JPY are also showing strong resistance levels. These levels were not seen as strong before the U.S elections and have been holding up quite nicely since then. If you get in on the mix at this point, you can stand to make quite a bit of money if you can make accurate long-term forecasts and manage to win half your bets. However, the market order sizes on these charts will be small, and so you’ll need to pay out large winnings quickly in order to break even.
It is important to note that the CHF and GBP/JPY are very volatile. The pair is likely to be affected by any event or political turmoil in the U.K. It is always best to follow the news closely and stay on top of events in the U.K. to try and make these trends work for you. The best time to trade these currencies is when they are slowly moving up, and not all of the momentum is going to be moving in your direction. This means that you may have to hold out until the pace picks up a little bit in order to make some profit.
Overall, the UKrug market appears to be consolidating. Although there is still some risk associated with trading this pair, it represents good long-term opportunities. Make sure you trade the pairs as they are referred to, and never let emotion rule your trading. You’ll find yourself coming up with strong trading ideas as the markets move forward, and you’ll be glad you took the time to learn more about this exciting investment vehicle. There’s much to learn about the uk49slatestresults.co.za currency and getting started is very easy.