The sell off with the USD from the May period to Aug has ended and now we are seeing the USD continue to consolidate. We are starting to see a break above the 40 day MAV. All RagingBullFX EA's for all currency pairs are active. When we see a clear USD long trend developing we will increase our position size. Indicators are showing in the short term we may see a minor pull back, if this happens we will be ready to increase position size for each EA.
The bear trend against the USD started Sept 2020. The sentiment for a USD sell has been widespread across all major FX pairs and also a corresponding rise in the commodities sector reflecting a weaken
The Aussie has had a strong rebound from a low of 55 back in March2020 and a high of 74 in Aug2020. After a limited consolidation period the AUD/USD is now trending lower. RagingBullFX EA is executing
As we are now seeing a break down move with the EUR against the USD. This is the first break out of the consolidation since the end of July 2020. I would advise to start increasing position size and p
