Forex markets move to logical hypothesis some says that. But some also said that, the appropriate response is no obviously they don’t. In the event that they did then we would all know the appropriate response ahead of time and there would be no market. A market price moves by its exceptionally nature because of vulnerability. Is there anything else?
The market moves up or down when the players with big money buy or sell.
Any theory to explain, quantify and predict market behaviour would have to explain, quantify and predict the behaviour of the big players. The market cannot be treated as some independent entity that moves according to some laws of physics like an atomic particle or planetary body. Human decisions make it move.
2 Likes