Trade FOREX with FXCM
Weekly Trading Forecast: FX Traders Prepare for Heavy Volatility on FOMC, GDP and ECB Stimulus
Dollar and Market Confidence Ride on FOMC Decision
Gold Losses to Accelerate on Less Dovish FOMC- Support Break Eyes 1206
NZDUSD Top Possibly in Place for Next Bear Leg
The Weekly Volume Report: USD/JPY Rallies, Turnover Doesn’t
EUR/USD Doji Signals Bears Lacking Conviction At A Technical Barrier
How Regression Channels Can Enhance Your Trend Trading
USDJPY Support and Resistance Update
Free Automated Strategies (2 of 3): Trading Ranges
SSI: Majority of Traders once Again Short USDJPY
SSI: Retail Crowd Slowly Shifting Back into US Dollar Shorts
SSI: Systems Once Again Buying US Dollar as Crowds Sell
23 October 2014 18:24 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
-“The move is beyond extreme and this week (new month and quarter) is a good time for a relief rally to begin. 1.2750 is initial resistance followed by former congestion from 1.2858 to 1.2994.”
-The EURUSD rally has entered resistance from former congestion that spans 1.2858-1.2994. Look for the decline to resume from this zone. The next major support is 1.2315.
--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).