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AUD/USD to stay under pressure pre-FOMC

The Aussie Dollar is under pressure after weak Chinese econ data over the weekend AUD sentiment was already negative amid speculations of more hawkish Fed this week + unwinding of carry positions The currency is likely to remain offered ahead of the FOMC on Wednesday, along with other commodity currencies Next support seen at 0.8950, […]

CitiBank trade of the week: Sell NZD/USD

Sell NZDUSD at 0.8130, targeting a drop to 0.7975, stop loss at 0.8220. The post CitiBank trade of the week: Sell NZD/USD appeared first on www.forextell.com.

Session Data for Mon Sept 15 (GMT-5:00 ET)

AAPL: A bullish Cup ‘n’ Handle setting up?: by Mary McNamara

A trader wrote to me over the w/e asking me to check out what he thought was a bullish Cup ‘n’ Handle pattern setting up on the stock: Apple (AAPL). This is how the weekly chart of AAPL was looking after Friday’s close. Cup ‘n’ Handle patterns are bullish patterns and this is best explained […]

Barclays: Trade idea for week ahead

Ideas for the week ahead: Short EURUSD: The FOMC and ECB’s TLTRO this week will highlight the diverging monetary policy path between the Fed and the ECB once again and add downward pressure to EURUSD. The post Barclays: Trade idea for week ahead appeared first on www.forextell.com.

A pivotal trading week ahead: Trade Week Analysis for 15/09/14 by Mary McNamara

Last week:Â There was one valid TC signal last week on the USD/CAD that gave up to 120 pips before reversing. A signal on the GBP/AUD wasn’t valid but moved to give over 450 pips. Some other big momentum moves weren’t valid due to candle sizes as well. All rather frustrating! This week: The USDX […]

Chances building of a Euro short squeeze : by Jim LangLands

The Euro has continued to stabilise today, as traders lock in profits on short positions ahead of the weekend and with one eye on next week’s FOMC meeting. Today we get the US retail sales which will cause some volatility but ultimately I suspect we are in for more of the same, with the chance […]

Goldman Sachs Spot Desk Strategies : by Milan Cutkovic

From Goldman Sachs via http://www.fxww.com/fxww-product/chatroom/: POSITIONING => On the desk we maintain our core long USD view, with our main positions being short EURUSD & USDJPY long, and also keeping our NZD and AUD shorts Short EURUSD => This remains our core short, with key levels for today: Looking to fade a squeeze and add […]

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