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Session Data for Mon Oct 20th (GMT-5:00 ET)

USD still ‘marking time’: FX Indices Review by Mary McNamara

USDX Monthly: The October candle is now printing a bearish coloured ‘inside’ candle and is still sitting just below the resistance of the monthly chart’s bear triangle tend line. A respect of this significant resistance zone could see the USD index reverse from here which could boost the EURX. Monthly Ichimoku: The October candle is […]

Goldman Sachs Spot Desk Strategies

EUR The erratic choppy price action continues, the market is rebuilding its bias to be short with notable buying of euro downside yesterday. In a throwback to a couple of years ago people are again focusing on the risk posed by Greek politics and the threat of a Syriza government. US rates have stabilized but […]

Future money managers, how are you spending your time? by Sam Eder

Just a brief note today. How do you spend your time during the system development process? It should be something like this: 30% working on your objectives 30% working on your position-sizing 30% working on your exit rules (So you can trade what’s in-front of you) 10% on your entries To reinforce the point I […]

USD/CAD – Large option expiries today

There are some large option expiries for today’s NY cut, which might keep the pair in consolidation, should CPI data later be an non-event 1.1200 (846M) 1.1250 (1.6BLN) 1.1300 (1.27BLN) 1.1365 (330M) The post USD/CAD – Large option expiries today appeared first on www.forextell.com.

Session Data for Fri Oct 17 (GMT-5:00 ET)

Look for quick opportunities in the crosses when volatility gets extreme by Sean Lee

In my view, most of the recent action has been related to positioning and sentiment in the USD and in the JPY crosses. Yet when the proverbial hit the fan yesterday, we saw big swings in pairs like EUR/GBP and AUD/NZD owhich are basically unrelated to the bigger picture events. These swings are generally reversed […]

AUD/JPY bounces, approaching trendline resistance by Milan Cutkovic

JPY crosses bid as equity markets bounce Comments from Fed’s Bullard have helped the S&P 500 to recover, even if he is a non-voter AUD/JPY approaching trendline resistance on the hourlies The post AUD/JPY bounces, approaching trendline resistance appeared first on www.forextell.com.

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