EUR/USD Risks Further Losses as COT Points to Stretched Positioning

Talking Points EUR/USD Daily Technical Outlook:EURUSD reversed off Fibonacci resistance earlier this month at the 1.618% extension of the advance off the yearly lows at 1.1285. The pullback is now testing a key near-term support confluence at ~1.1128 where the 61.8% retracement converges on former slope resistance. A break below this mark shifts the focus […]

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Weekly Trading Forecast: Fed and BoJ Rate Decisions, Brexit Fears Carry More than Currency Risks

Event risk over the coming week will no doubt present a high level of volatility risk for key FX players. But, beyond the currency reactions, we will be tapping into themes essential to financial conditions. US Dollar Forecast – Dollar Climb Now in the Hands of a Heavily-Contested Fed Decision The outlook for the Dollar […]