Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account


DailyFX Home / Video / Daily News Report

Forex: Trading EUR/USD, EUR/JPY, AUD/USD in Holiday Conditions

By , Chief Currency Strategist
22 December 2012 01:23 GMT

Risk aversion started to catch some traction through the end of this past week following S&P 500's after-hours, flash collapse. This early shift makes over-extended pairs like EURUSD, EURJPY, AUDUSD and many other risk-sensitive pairs look particularly tempting. However, this is the kind of setup that requires all three elements - fundamentals, technicals and general market conditions - to generate lasting trends. In this weekend video, we discuss how holiday trading conditions will shape the markets and the what the best trading approach is through this high-risk and low-speculative liquidity period.

New to FX? Watch this Video (Initial login required)

Sign up for John’s email distribution list, here.

22 December 2012 01:23 GMT