Market commentary on marshmallows 0925 ~ Weekend characteristics, signs of change in EURUSD ... ~

Greetings everyone

I am Mashmallow.

I will provide today's market commentary.

Excuse me for talking to you from outside the office ($・・)/~~~

Today, being Friday at the end of the week, there are points traders should be aware of. On Fridays of the weekend there is a tendency for prices to move in the opposite direction of the ongoing trend.

For example, in the euro-dollar pair which had been in a downward trend for the past few days.

Since some traders avoid holding positions over the weekend, traders who had been in profit may close their positions, and those who were holding losing positions may cut losses. This kind of action is common.

Therefore, late today on Friday, there is a possibility of movement in a direction opposite to the trend, regardless of the trend. And perhaps because of such behavior, technical analysis that would usually work may not function.

So for those trading late today, please keep this in mind.

If you trade as usual and end up losing, there’s no need to be overly pessimistic; I think it’s okay to stay calm.

Also, on weekends you never know what news will be released.

Therefore, whether in profit or loss, close your positions, forget about FX for a while, spend time with family and enjoy a fun weekend, and refresh both body and mind so you can face the market on Monday with a long-term perspective, which I believe will yield substantial benefits.

I would be grateful if you approach the market with not too much effort today.

Now, regarding today's market commentary,

we will keep in mind the Friday situation as we approach the market,

in my view, there are signs of a change in EURUSD... that is to say...