EURUSD – Extremely choppy Euro/US Dollar price action has made for sharp shifts in our sentiment indicator, and the most recent turn suggests that the EURUSD could continue to decline. The...
- FXCM
Thursday July 2, 05:23 PM
My focus remains on the longer term structure, especially the rally from .4890, which is a textbook zigzag. Waves A and C are equal (and price reversed at the 50% retracement of the decline...
- FXCM
Thursday July 2, 04:15 PM
EURUSD – Euro Forecast to Decline Further on Shift in Forex Sentiment
GBPUSD – British Pound Outlook Remains Bearish on Sharp Sentiment Shifts
USDJPY – Japanese Yen Outlook Modestly...
- FXCM
Thursday July 2, 04:03 PM
My picks: Flat GBP, Long USD, Short EUR, AUD, NZD, CAD, JPY
Expertise: Global Macro
Average Time Frame of Trades: 1 weekI don’t have any position in the British pound (today’s analyst...
- FXCM
Thursday July 2, 04:00 PM
Unfortunately, overnight trading provided no clarification in terms of direction for the US dollar. The EURUSD remains in a tight range although a drop below 1.4000 would give scope to an...
- FXCM
Thursday July 2, 03:54 PM
The New Zealand dollar weakened against its currency counterparts this week and pared gained against the Japanese Yen after reaching a high of 63.00, and the NZD/JPY may continue to hold a broad...
- FXCM
Thursday July 2, 05:39 AM
Forex trading market seasonality is an effect widely studied as a primary mover of major currency pairs, as long-term studies suggest that certain seasonal patterns may be able to predict forex price...
- FXCM
Wednesday July 1, 08:19 PM
The GBP/CHF continued to retrace the advance from the previous week, and pulled back from the yearly high to hold a narrow range over the week, and the pair may continue to fall lower over the...
- FXCM
Wednesday July 1, 05:47 AM
Forex options markets show that professional traders remain remarkably indecisive, and the lack of clear-cut sentiment on the US Dollar makes it difficult to set short-term expectations with any...
- FXCM
Tuesday June 30, 09:01 PM
We use FX Options Risk Reversals data to fill in the gaps. Historical relationships show that risk reversals track Non-Commercial positioning as measured by the COT. Thus we are able to track...
- FXCM
Tuesday June 30, 08:42 PM
Intervention in the currency market by the Swiss Nation Bank push the EUR/CHF to a three-month high during the previous week, and the pair may continue to hold a broad range over the near-term as...
- FXCM
Tuesday June 30, 07:26 AM
COT data suggests that the US dollar is closer to bottoming than topping although a bottom may not form for another several weeks.Latest CFTC Release Dated June 16,...
- FXCM
Monday June 29, 08:53 PM
Forex trading market volatility continues to decline, and our range trading systems have made the most of smaller currency price moves. Yet recent market conditions have been far less kind to our...
- FXCM
Monday June 29, 04:12 PM
Fears of a protracted downturn in the U.K. has tapered the rally in the British pound, and the EUR/GBP may continue to find support ahead of 0.8400 as investors weigh the outlook for future...
- FXCM
Monday June 29, 09:22 AM
US Dollar Eyes Breakout versus Euro on Nonfarm Payrolls Results
Euro Volatility Likely as Central Bank Delivers Interest Rate Decision
Japanese Yen To Strengthen As Risk Appetite Wanes
British Pound...
- FXCM
Saturday June 27, 02:40 AM