Chart and Commentary
Dropping below Fibonacci retracement support and the psychological level at 1.4000, but be careful because other currencies are not following suit
يورو / دولار امريكى : البيع في السوق يجلب الاسعار الى 1.47
Market Sentiment
The Market Sentiment open orders and orders positioning are powerful tools unique to Al Arabiya FX
showing the trading books of our regional market participants and what their clients are trading. You
can use this information to see where traders are in the market.
Order Positioning- This can be used to understand market expectations. For example more large sell
orders at a specific price are likely to push price down.
Open Order- This can be used to understand market sentiment. For example large amounts open longs can signify the market is long, or in the case of contrarian that a reversal is about to occur. Used in combination with the Squawk Box which details placements of orders, traders gaion a unique insight into the market.