It’s always a good idea to regularly look at the “big picture.” One suggestion is to run a relative strength analysis, which is a common method in technical analysis. Basically, bring up the EUR/USD and then in Chart Settings, type in the other EUR based pairs in Comparison Chart, one by one. This compares everything to the euro, making it easier to see who is “winning” and “losing” since the weakest currencies are going to be the ones where the euro is rising the strongest against, and the strongest will the the lowest line.
Right now the euro is bringing sexy back since it’s been rising versus every single major currency for weeks. Below is the current relative strength chart, showing the dollar doing worst (EUR/USD top line), followed by the GBP, then at the bottom the loonie is doing best (but still underperforming the euro)
One of the big points of all of this is to find where to focus your energies. Clearly you’d prefer to trade the pairs at the top of the chart, like the EUR/USD and EUR/GBP, because they are in the strongest trend.
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