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US Dollar Forecast– Dollar May Not Have a Quiet Thanksgiving... From a fundamental perspective, the Dollar’s interest rate backdrop seems to be mired in debate over the timing of the inevitable first hike. Japanese Yen Forecast - Yen Looks Past Japan Recession and Election Risk, Sentiment Trends Key The Japanese Yen may rise as markets look past the onset of recession and looming general election risk to focus on the trajectory of sentiment trends. British Pound ...
-Elliott Wave Theory can provide clues to our location within the USDJPY trend - USDJPY continues climbing higher in 5th of 5th wave -Daily chart shows wave relationships and reaction level in the 119 handle USDJPY Daily Fibonacci Wave Ratio Analysis Green wave 5 projects to 119.54 ...
US Dollar Forecast- Usd Aiming Higher as Upbeat Jobs Data Fuels Fed Hike Bets US Dollar looks poised to continue to advance for a third week as upbeat payrolls data fuels speculation that a Fed interest rate hike will arrive sooner rather than later. Great British Pound Forecast - British Pound Holds on by a Thread- What to Watch in Week Ahead The British pound finished the week notably lower versus the resurgent US Dollar, but a busy week of economic event risk ahead suggests ...
US Dollar Forecast- Dollar and Market Confidence Ride on FOMC Decision The US Dollar managed to muscle out a modest advance this past week despite favorable winds for investor sentiment (through benchmarks like S&P 500 and volatility indexes) as well as a persistent dovishness in rate forecasts. Japanese Yen Forecast – USD/JPY to Eye Fresh Highs on Less-Dovish FOMC, More BOJ Easing The fundamental outlook for USD/JPY remains bullish as Federal Open Market Committee (FOMC) ...
Talking Points -Don’t get married to a trade or currency -Identifying the Next Likely FX Leader -Know When That Has Failed “If you cannot make money out of the leading active issues, you are not going to make money out of the market as a whole.” “The leaders of today may not be the leaders of tomorrow.” Jesse Livermore Trading is simple but it isn’t easy. The simplicity is that trading often involves finding a strong currency ...