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Japanese Yen – Retail forex traders remain impressively long the US Dollar against the Japanese Yen—most are not usually this good at sticking to sharp trends....
EURUSD – Retail forex crowds have remained impressively short Euro against the US Dollar despite a sizeable EURUSD pullback. But the shift in positioning gives us...
Forex trading crowd sentiment has become incredibly one-sided—leaving us in favor of further US Dollar (ticker: USDOLLAR) strength. View individual currency sections: EURUSD – Euro Downtrend...
Pivot: 94.30 Our preference: LONG positions above 94.3 with targets @ 96.7 97.1. Alternative scenario: The downside breakout of 94.3 will open the way to 93.7...
Want to add the Moving Average Dashboard to your charts? Download it free on FXCMApps.com. TREND IN FOCUS: GBPUSD (D1) – The GBPUSD has developed a...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is on pace for its eighth close higher out of the past nine sessions,...
This publication attempts to further explore the concept that mass movements of human psychology, as represented by the financial markets, are subject to the mathematical laws...
Pivot: 19.05 Our preference: SHORT positions below 19.05 with targets @ 18.4 17.78. Alternative scenario: The upside penetration of 19.05 will call for 19.45 19.8. Comment:...
EUR/JPY Technical Analysis– Prices are edging lower as expected after putting in a bearish Evening Star candlestick pattern below falling trend line resistance set from late...
Pivot: 1.54 Our preference: Short positions below 1.54 with targets @ 1.527 1.524 in extension. Alternative scenario: Above 1.54 look for further upside with 1.5465 1.553...