AUD/USD Tumble May Just Be the Start; EUR/USD Rally Favored
Here you can find all the latest breaking forex and currency news about AUD/USD Tumble May Just Be the Start; EUR/USD Rally Favored including currency analysis and forecasts, live foreign exchange rates, central bank interest rates, and currency trading strategies from experienced fx traders and forex platforms.
Talking Points
- US Dollar coming back into favor among retail traders.
- Australian Dollar sentiment shifts signal further losses.
- Recent trends likely to persist in absence of major event risk the remainder of the week.
View individual currency sections:
EURUSD – Retail Crowd Retains Enthusiasm for Shorting EURUSD
GBPUSD – Neutral Outlook as Pound Rally Stalls, Retail Moderates Positioning
EURJPY – Further Near-term Gains in Question for EURJPY
XAUUSD – Retail Attitudes Changing Towards Gold, but SSI Systems not Bullish Yet
SPX500 – Lingering Doubt over the Strength of the S&P 500’s Rally a Bullish Backdrop
AUDUSD – Technical Breakdown Invites New AUDUSD Sellers
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail forex traders have been adding long US Dollar positions over the past several days, with the bulk of buying occurring in the wake of the weakest US labor market report since January 2011. The clearest opportunities in the market right now may be in the EURUSD, AUDUSD, and S&P 500.
Automate our SSI-based trading strategies via Mirror Trader free of charge
--- Written by Christopher Vecchio, Currency Analyst
To contact Christopher Vecchio, e-mail [email protected]
Follow him on Twitter at @CVecchioFX
To be added to Christopher’s e-mail distribution list, please fill out this form
original source
The article above is about breaking forex and currency news regarding AUD/USD Tumble May Just Be the Start; EUR/USD Rally Favored, if you have any question about it. Please contact us by using the link below. Thanks for your patience.
- Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged
- Chinese Business Sentiment Contracts for the First Time in 4 Months
- Dismal UK Retail Sales to Spur Another Test of GBP/USD Resilience
- Forex-Webinar:-FOMC-Minutes-Reinforce-Hike-Forecast
- Trading Video: Dollar Fails to Rally on Hawkish FOMC, Equities Rally
- Among Top Themes, Where is the Risk Most Potent: Fed Hike, China, EM?
- EUR/USD Technical Analysis: Looking to Short on Bounce
- US Dollar Declines as FOMC Minutes Bring Nothing New to the Table
- US DOLLAR Technical Analysis: USD Holds Support on FOMC Minutes
- WTI Crude Oil Price Forecast: What Now That $40bbl Broke?
- Fingertrp Scalping with James Stanley (Using Tradingview Charts)
- EUR/USD Risks Fresh Monthly Lows on Hawkish FOMC Minutes
- Analyst Pick - Kiwi & CAD in Focus
- Price & Time: USD/CAD ? It?s Showtime
- GBP/USD Ranges Ahead of FOMC Minutes
- President Xi Warns That China Faces Considerable Downward Pressure
- FOMC Minutes Later Today - USD Set for October 28 Redux
- Silver Price Is Targeting Its Yearly Low
- FTSE 100: Commodity Markets Wants to See The FTSE 100 at 6040
- DAX 30: Momentum Slows Down, FOMC Minutes on Tap
- US Dollar May Extend Gains as Fed Minutes Foreshadow Rate Hike
- Copper Surplus Faces Falling Premiums; Gold Slides before Fed Minutes
- China Real Estate Market Recovery Slows in October
- Traders Not as Confident of Fed Hike as Markets, Economists
- EUR/GBP Technical Analysis: Euro Drops to 3-Month Low
- Dollar Unmoved After China Treasury Holdings Hit a 7 Month Low
- Can Dollar Climb Continue After FOMC Forecast Shift?
- Dollar’s CPI Rally Lacking, Stall in Risk Raises Yen Crosses Appeal
- NZD/USD Technical Analysis: Short Trade Activated Sub-0.65
- Will the DAX Crack or Cower from Resistance?