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Trading Video: EURUSD and EURJPY Positioned for Big Moves, Await Liquidity

Trading Video: EURUSD and EURJPY Positioned for Big Moves, Await Liquidity

2014-12-31 01:30:00
John Kicklighter, Chief Currency Strategist
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Talking Points:

• Liquidity is already starting to withdrawal from the markets as the world counts down to the New Year

• Well-formed fundamental themes and technical patterns are dry powder awaiting the spark of liquidity

• We focus on a few patterns (including EURUSD, EURJPY and EURGBP) that are primed for 2015

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A few final jolts of volatility from the FX market have positioned us for tremendous technical and fundamental opportunities when liquidity returns. However, on New Year's eve, both high profile short-term technical setups like EURJPY and pent up fundamental dams like EURUSD are equally powerless to catalyze their potential energy. With an appreciation of the liquidity element in 'market conditions', we focus on Euro and Yen crosses positioned for fireworks heading into 2015 in today's Trading Video.

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