There is a lot of breakout potential across the dollar and yen-based crosses, and those that are awaiting the technical cues are growing impatient. Those keeping tabs on the fundamentals know what to look out for: the RBA rate decision and rate forecasts, the FOMC minutes and ever-shifting risk appetite trends. Can these catalysts generate major breakouts or will their influence top out with short-term volatility? We run through the high-potential technical patterns in the market alongside the primary fundamental themese guiding their actions.
AUDUSD Sensitive to RBA Rate Outlook, EURUSD Awaits FOMC Minutes
Tue Apr 03 00:16:00 GMT 2012
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.DISCLOSURES