Tag Archives: usd

14 Aug: Forecast: FX: US$/Majors

I will be travelling for the next 4 weeks and the service will be limited. Daily updates, mainly trading ideas will be posted at various stages during teach session. EURUSD: 1.1821 24 Hour: Neutral Medium Term: Prefer to sell rallies Preferred Strategy: While the short term momentum indicators look mildly positive, the dailies still point  lower although buying… Read More »

2 Aug: Forecast: FX: US$/Majors

  EURUSD: 1.1806 24 Hour: Neutral Medium Term: Mildly Bullish EurUsd had a choppy session either side of 1.1800, but unable to continue its recent uptrend and leaving the outlook largely unchanged. It could well be that we now chop around near current levels until the NFP on Friday. The ADP is the major data risk today, while… Read More »