Trade FOREX with FXCM
British Pound Gains, Yen Falls as Scotland Votes Against UK Secession
USD/CAD at Risk for Larger Downside Correction on Sticky Canada CPI
AUDNZD Scalps Targets Key Inflection Range - 1.1020 Critical Support
US Dollar Backs Off 14-Month High, SPX Trying to Regain Momentum
US Dollar Technical Analysis: Rally Shifts to Digestion Mode
USD/JPY Technical Analysis: Resistance Now Above 109.00
3 Reasons AUDUSD Could Be a Sell (Update)
How to Manage Risk with Price Action
FX Reversals: GBPUSD Breakout Update
SSI: GBPUSD Positions Near Neutral Ahead of Scotland Results
SSI: Traders Take Profits on EUR-short Positions
SSI: Traders Selling Dollar Gains Ahead of FOMC
18 September 2014 21:50 GMT
Jamie is founder of J.S. Trade Desk.
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-“A zone of possible congestion is defined by the 2011 and 2013 lows from 1.2744 to 1.2873. Momentum is extreme, which raises the risk of a sharp ‘snapback’ before additional selling.”
-Resistance is estimated at 1.3100.
--Tradingideas are availabletoJ.S. Trade Desk members.
Please note the information on this website is intended for retail customers only, and not for any Eligible Contract Participants (i.e., institutional clients) as defined in the Commodity Exchange Act §1(a)(12).