Euro Q1 2017 Forecast - EUR/USD Enters 2017 Positioned for More Downside Fundamental Analysis "On the US Dollar’s side, the decision in December 2016 to signal three rates in 2017 – as opposed to the market-priced two ahead of the policy statement – has sent US Treasury yields higher. As a gauge of long-term growth and inflation expectations, the US Treasury yield curve steepening is a reflection of the market's belief ...
Weekly EUR/USD Outlook: 2016, December 25 - January 01 EUR/USD dipped to new lows but rebounded ahead of the Christmas holiday. The week between Christmas and New Year’s is quite light. Here is an outlook for the highlights of this week. Monetary data: Thursday, 9:00. The European Central Bank monitors the money in circulation and growth in loans. While these have both recovered, October’s numbers were something of a setback. ...
The key elements of this strategy are as follows: 1. A strategy designed for intraday trading 2. Rangebound strategy expecting the market to revert to a mean 3. Plot 2 pairs of bollinger bands, each using different standard deviations 4. When the market closes at or above the upper band of the higher standard deviation bollinger band, look to short 5. Confirm that ADX ...
EUR/USD dipped to new lows but did not experience the magnitude of the previous weeks. Fresh inflation figures stand out as we enter the final month of 2016. Monetary data: Monday, 9:00. According to the ECB, M3 Money Supply, or the amount of money in circulation, rose at an annual pace of 5%, and no change is expected. Private loans advanced at a rate of 1.8% and a rise to 1.9% is predicted. Both numbers have been stable of ...
Trading the News: U.S. Durable Goods Orders A 1.7% rebound in U.S. Durable Goods Orders may heighten the appeal of the greenback and spark a near-term decline in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to raise the benchmark interest rate at the last 2016-meeting on December 14. What’s Expected: Why Is This Event Important: Fed Funds Futures are pricing ...
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