EURUSD
In case the first weeks of the year are showing us the reliable view of traders to the further trends, we should seriously be concerned by the weakening of the American currency. During the first week of the year EURUSD renewed many-years lows, but reversed towards the growth. It managed to accelerate its attack last week despite of some dropping in the middle of the week. Based on the price movements we may conclude that the pair is bought on drops, making the sequence of increasing highs and lows. So far this movement is considered as a part of profit fixing more…