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USDJPY Attempts to Pull Out of Bear Wave as Retail FX Traders Flip Net Long
USDJPY, Fed Rate Forecasts and Volatility Talking Points:The Market Perspective: USDJPY Bearish Below 137.50USDJPY closed below its 200-day SMA on Friday, but today’s rebound is the biggest seen from the pair in six monthsVolatility is elevated, which can lead...
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Talking Points:The US Dollar is bouncing from a Fibonacci support level to begin the week, helped along by a failed breakout in EUR/USD that showed up this morning.The FOMC is now in the blackout window ahead of the December rate decision and markets...
US Equity Futures Sink After Recent Gains
US Stocks Talking Points: Recommended by Tammy Da Costa Traits of Successful Traders US Stock Futures Fall as Fed Expectations RiseS&P 500, Nasdaq 100 and Dow futures are trading lower as Dollar strength returned to markets. With the recent move triggered...
FTSE 100 and GBP/USD Approaching Important Zones – Another Dollar Story?
FTSE 100 and GBP/USD approaching important zones – another Dollar story?FTSE 100 approaching important key zonesPotentially in for a rotation unless price breaks the key levelsGBP/USD’s bulls may be running out of steam and could be in for another dollar story...
US Services PMI Data Surprises to the Upside, Strong Q4 GDP in Sight
ISM Services PMI Data Surprises to the UpsideUS non-manufacturing (services) November: 56.5 vs 53.3 exp (54.4 prior)Customize and filter live economic data via our DaliyFX economic calendar Recommended by Richard Snow Trading Forex News: The Strategy The...
GBP/USD Catches its Breath as the Dollar and Risk Sentiment Remain the Driving Force
KEY POINTS: Recommended by Zain Vawda Get Your Free GBP Forecast Most Read: British Pound (GBP) Outlook – GBP/USD Driven Higher by the US Dollar, Where Next?GBP/USD FUNDAMENTAL BACKDROPCable reached a high of 1.23420 against the greenback in Asian trade before...
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