BNP Paribas G10 FX trade idea of the week: long USDCHF: FXWW

From the FXWW Chatroom: – We favour positioning for USDCHF appreciation over the next 3m. – USD short positioning is still very extended according to BNP Paribas FX Pos …
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FX: many pairs at major S/R levels: By Mary McNamara

Last week: There were a number of trend line breakouts last week but the moves were choppy. Whilst last week’s FOMC and / or this weekend’s German Election may be feeding into …
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25 Sept: Forecast: FX: US$/Majors + Trade Ideas: FXCharts

EURUSD: 1.1905 Preferred Strategy: The dallies remain negative so selling into strength is preferred. Sell EurUsd @ 1.1960. SL @ 1.2010. TP @1.1600 24 Hour: Neutral. Medium Term: P …
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What Does Money Mean To You? by Justin Paolini

In our modern society, money has become the number one stressor, ranked higher than work, health, or children. Most people are attracted to trading following the idea that it’s …
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WAS YELLEN’S HAWKISH MOMENT TRANSITORY? By Scott Pickering

INTRODUCTION: You may notice as you digest the blog this week that some long awaited, from my perspective format changes have now been introduced. Basically, my FREE NEWSLETTER sub …
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Are Overbought and Oversold Logical Concepts? by Justin Paolini

The recent surge in Sterling stimulated a large amount of commentary on how “overbought” it is at current levels. I am personally skeptical when somebody talks about overbought …
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MOODY’S DOWNGRADES UK’S RATING TO Aa2,CHANGES OUTLOOK TO STABLE: FXWW

From the FXWW Chatroom: The UK’s sovereign rating was downgraded one level by Moody’s on Friday to Aa2, two notches below the highest opinion bestowed by the US credit rating a …
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US$: what’s it going to take?: By Mary McNamara

The US$ remains under pressure and below 92.50 resistance despite a hawkish Fed and up-beat US data which begs the question ‘What is it going to take to push the US$ higher?’. …
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Forex Trading Opportunities for the Week Ahead 25 September 17: FXRenew

I plan my trading for the week ahead each weekend. Here are the Forex trading opportunities I will be stalking this week. Note that this is my current view, but if market conditi …
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Hawkish Fed but US$ still at 92.50: By Mary McNamara

There was hawkish Fed rhetoric but the US$ is still below the 92.50 S/R, for now at least. This remains the level to watch for any new make or break. USDX daily: still below 92.50 …
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