Upside vulnerability in USD/HUF

From an hourly perspective, the USD/HUF has reached its lowest momentum reading of the last 20 days of trading.

Moreover, the recent plummeting USD/HUF price action has been highlighted by an above-average reading in the MACD histogram.

While these momentum extremes could migrate to higher time frames, the latest hourly MACD print shows dissipation of speed, thus communicating risks of a immediate upside vulnerability.

Forex today: dollar tumbles on FOMC less hawkish than expected

The forex space today was quite a display with plenty going on. The dollar is weak and likely to remain so over the coming days. Traders sold out of l
อ่านเพิ่มเติม Previous