Quote:
Originally Posted by scogeil
I was just looking at my charts and I noticed that as the GBP/USD and the EUR/USD were rising, the USD/JPY, USD/CHF were dropping. This all took place simultaneously. Does this happen often?
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It is not happening always,
But 60% it has happend like that. Remaining 40% risk is there.
For example:There is good news for GBP,EUR means these are rising againist the USD. At the same time there is unfavourable news from JPY then USD has rising against the JPY. It has proven in previous.
so
Take care before taking action.
Thank you for sharing views.