Forex Strategy Video: My Top Trades for 2014
• AUDNZD is approaching its historical range floor as rate forecasts have pushed similar extremes
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Heading into 2014, there are tremendous opportunities from the Dollar after the Fed's Taper, yen crosses as the BoJ approaches a stimulus upgrade and pound following the sharp run on distant rate forecast. Yet, my favorite trades for the year look to leverage probabilities by multiple technical and fundamental factors. USDCHF combines the dollar's encouraging outlook with the a one-sided EURCHF connection and the Euro's troubles. For AUDNZD a historical range floor meets an over-extended yield forecasts for an eventual big turn. The full report of all the DailyFX analysts favorite 2014 trades will be released soon, but I discuss my two in the year-end Strategy Video.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.