POPULARITY
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/03/08/USDJPY-Retail-Sentiment-Back-at-Near-Term-Extremes.html The retail FX crowd appears to be fading the near-term decline in USD/JPY as they remain net-long, with the DailyFX SSI approaching an extreme reading.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/03/04/USDCAD-Selloff-to-Persist-on-Upbeat-Bank-of-Canada-BoC.html USD/CAD stands at risk for a further decline should the Bank of Canada (BoC) show a greater willingness to move away from its easing cycle.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/03/03/AUDUSD-Flirts-with-Key-Resistance--Retail-FX-Shorts-Jump-39.html AUD/USD stands at a key juncture ahead of Australia’s Retail Sales report especially as the retail FX crowd appears to be fading the near-term advance.
The retail FX crowd has flipped net-long AUD/USD ahead of the RBA meeting, with short positions narrowing 24% from the previous week.
The near-term rebound in NZD/USD may unravel should New Zealand’s Trade Balance report fuel expectations for an RBNZ rate-cut in 2016.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/24/USDJPY-Marks-Oversold-Signal-Ahead-of-G20--Retail-FX-Remains-Long.html Despite an oversold signal on USD/JPY, the pair may extend the decline from earlier this month should the G20 meeting disappoint.
https://www.dailyfx.com/forex/fundame... The retail FX crowd remains net-short AUD/USD even as the pair breaks to a fresh monthly high ahead of Australia’s Wage Price Index.
-USDCHF resistance -Watch for higher low eventually -For trades and more analysis, visit www.sbtradedesk.com
https://www.dailyfx.com/forex/fundame... GBP/USD stands at risk of facing additional headwinds over the next 24-hours of trading should the Bank of England (BoE) endorse a dovish outlook for monetary policy.
The retail FX crowd remains net-short AUD/USD going into the weekend especially as the RBA toughens the verbal intervention on the local currency.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/18/GBPUSD-Retail-Shorts-Jump-Open-Interest-Rises-Going-Into-EU-Summit.html There appears to a shift in retail position going into the EU Summit as open interest on GBP/USD pushes higher ahead of the weekend.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/17/Retail-FX-Cuts-USDJPY-Longs--USDOLLAR-Struggles-on-Cautious-FOMC.html The USDOLLAR continues to carve a series of higher highs & lows even though the FOMC Minutes sound more cautious this time around.
The retail FX crowd appears to be fading the near-term selloff in GBP/USD as positioning moves back towards recent extremes.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/10/USDJPY-Oversold-Retail-FX-Remains-Net-Long-Following-Yellen.html USD/JPY stands at risk for a further decline as the pair continues to carve a bearish pattern, while the RSI appears to be pushing into oversold territory.
-Gold 1200 providing resistance -Watch in conjunction with Yen market -For trades and more analysis, visit www.sbtradedesk.com
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/08/EURUSD-Retail-FX-Remains-Net-Short-Despite-Bullish-Breakout.html Despite the deviating paths for monetary policy, EUR/USD may face a larger recovery as it breaks out of a bearish formation carried over from the end of 2014.
The live forex trading session for London on Friday was dominated by Euro weakness across the single currency complex, driven by comments from ECB President Draghi. You can discover more about my volume price analysis methodology in my books on Amazon as well as how to get started as a forex trader. Just click on the links below. All my books are in both Kindle format and also paperback so the choice is yours. http://www.amazon.com/Complete-Guide-... http://www.amazon.com/Forex-For-Begin... http://www.amazon.com/Three-Dimension... http://www.amazon.com/Binary-Options-...
In the second of our forex Friday webinars at the start of the US session, it was the British pound which came under increasing pressure, as US dollar bullish sentiment took hold. You can discover more about our volume price analysis methodology in my books on Amazon as well as how to get started as a forex trader. Just click on the links below. All my books are in both Kindle format and also paperback so the choice is yours. http://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC/ref http://www.amazon.com/Forex-For-Beginners-Anna-Coulling-ebook/dp/B00GBHQXZC/ref http://www.amazon.com/Three-Dimensional-Approach-Forex-Trading-ebook/dp/B00CX2QCVO/ref http://www.amazon.com/Binary-Options-Unmasked-Anna-Coulling-ebook/dp/B00S5N78PE/ref
Join Anna as she talks through the markets ahead of the FED and with three central banks in focus within 3 hours, it's setting up for an interesting trading session for the markets.
Tune in to Anna Coulling and Eddie Horn at TopStepTrader, as Anna looks at the forex week ahead following the elections in Greece with the euro bouncing back on the result! With the US dollar also reversing modestly on the day, the majors have made some minor gains, but with further US dollar strength likely, these are only likely to be short term moves higher in longer term bearish trends.
In the midweek show from TopStepTrader Squawk Radio, Anna and host of the show Eddie Horn discuss the opportunities for forex traders for the remainder of the week, and look ahead to some of the key news items round the corner. David also offers some views on commodity markets for both oil and gold.
An interesting week as always for eurodollar traders, with the pair flip flopping between price congestion and extremely volatile moves. None more so than on Wednesday, following Ben's last meeting, changes in committee members, and the ongoing question of tapering. As Janet settles into the chair, market focus is now on the exotic currencies currently grabbing the headlines, and with risk on appetite evaporating, we may see further save haven buying in the short term.
The key this week is the FOMC meeting, as the markets once again await the FED decision on tapering. However, given the less than stellar NFP data, the FED is caught between a rock and a hard place! Worse still, nobody, least of all the FED, has any idea whether the continued bond buying programme will have any benefits at all!!