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Weekly Forex Analysis Aug 22 – 26, 2022 – EURUSD Reaches Parity Again

August 22, 2022 | 5:24 pm | The 5%ers' Blog > Trading Room
August 22, 2022 | 5:24 pm
The 5%ers' Blog > Trading Room
Weekly Forex Analysis Aug 22 – 26, 2022 – EURUSD Reaches Parity Again

The Dollar remains very strong against all the pairs

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In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.

 

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

We also discussed about the EURUSD, which again reached parity. The Dollar remains very strong against all the pairs, and especially against the EUR, which is very weak.

Regarding Indices, this should be the end of the summer rally as indicators seem to be in overbought territory.

 

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