US Dollar Forecast– Dollar Faces Speculation, Risk Trends, Central Bank Moves The Dollar received a jolt of volatility this past week in a rally that followed the CPI inflation report, but the currency was unable to escape the bounds of a month-long range. Japanese Yen Forecast – US Dollar Likely to Reverse versus Japanese Yen in Week Ahead The Japanese Yen traded lower versus the US Dollar for the third week in four and left ...
US Dollar Forecast– Dollar At Risk of Breaking Record Run But Will it Reverse? The Dollar is at risk of breaking its record string of monthly gains at the close of the coming week. British Pound Forecast – British Pound to Rise as Focus Reverts to BOE Rate Hike Speculation The British Pound is likely to riseagainst the US Dollar as ebbing Greece-inspired worries see firming Bank of England rate hike bets return to the forefront. ...
Dollar Survives Reversal, Can Rate Speculation Hold Back Gravity? The Dollar came dangerously close to starting a speculative landslide this past week. Yet, once again fundamentals have stepped in keep the record-breaking seven-month bull trend intact. USDJPY Surge Likely Short-Lived as Pairs Stick to Tight Ranges The Japanese Yen finished the week noticeably lower versus all major counterpart and pushed the US Dollar/JPY ...
Talking Points: ADX can pinpoint strong currency trendsRSI can be used to enter with market momentumRisk Management can use previous market highs and lows ADX 50 trend trading strategy. EURUSD 4Hour with ADX ADX and the Trend Finding a strong directional move is the first priority ...
Position Traders can Trade BreakoutsUse Channels for Support & ResistanceUsing a trail can allow a position to lock in profit with the trend Find the Daily Trend The “HI-Low Breakout” approach is designed to find entries with the trend when price breaks from a key point of support or resistance. Since we will be selling in a downtrend and buying in an uptrend, the first task of this strategy is to find the trend. To begin traders will need to identify the primary ...
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