Category Archives: Majors

18 July: Forecast: FX: US$/Majors

  EURUSD: 1.1477 24 Hour Outlook: Neutral Medium Term: Prefer to buy dips. Preferred 24-hour Strategy: Range trade 1.1430/1.1530? EurUsd has had a choppy session below the previous high of 1.1489, and we could be in for more of the same today while waiting on Thursday’s ECB meeting unless the German/EU ZEW Economic Sentiment Survey provides something directional.… Read More »

12 July: Forecast: FX: US$/Majors

  EURUSD: 1.1463 24 Hour Outlook: Prefer to buy dips Medium Term: Prefer to buy dips. Preferred 24-hour Strategy:  Ahead of Janet Yellen’s testimony I prefer to be neutral but the short term momentum indicators are beginning to point higher, aligning with the dailies, so looking for levels to trade from the long side does now appear to… Read More »