A dovish Federal Reserve plus fresh new multi-year highs in the DJIA moved the US Greenback to brand new lows against the Euro and other main counterparts, leaving hardly any hopes of a continued USD recovery. Currency investors show little desire in low-yielding US Dollar opportunities, and indeed Commitment of Traders data exhibited Non-commercial traders at their most short USD ever since the Euro traded in the direction of 1.60 in 2007.
The US Dollar continues to be a speculator's favourite with record-low interest yields and little risk of US Federal Reserve rate increases over the near future. A hectic week for US financial event risk and international central bank rate decisions could yet shape market signals for upcoming yield spreads and force major moves over crucial currency pairs.
USD/JPY best forex trading signals: USD/JPY drifted lower nevertheless support was located around the earlier lows of 81.40. We're now at the crossroads in the USD/JPY with support so close on the downside it appears like being a matter of holding and heading back in direction of the 82.80 highs or alternately a crack of 81.30 provides for a bearish signal and traders are aiming to go along with the break.
EUR/USD accurate and reliable fx trading signals: Patient traders are lucrative traders and the buyers on the dip performed extremely well yesterday as USD negative opinions extended on the release of worse than estimated GDP figures. From this level investors are still calling it higher and see any dip backed up by the purchasers all the way down to 1.4700 with the initial target as the psychological level of 1.5000 inside the approaching week.
GBP/USD best free fx trading alerts: We drifted lower in the overnight session back in the direction of the 1.6600/10 support and traders were quite thrilled to be buyers on the dip. From this level, as long as 1.6600 holds, investors seem to be pleased to be customers in search of it to initially test the prior highs of 1.6750 and further onwards to 1.6900 at some point next week. A bust of 1.6600 could modify this opinion.
The US Dollar continues to be a speculator's favourite with record-low interest yields and little risk of US Federal Reserve rate increases over the near future. A hectic week for US financial event risk and international central bank rate decisions could yet shape market signals for upcoming yield spreads and force major moves over crucial currency pairs.
USD/JPY best forex trading signals: USD/JPY drifted lower nevertheless support was located around the earlier lows of 81.40. We're now at the crossroads in the USD/JPY with support so close on the downside it appears like being a matter of holding and heading back in direction of the 82.80 highs or alternately a crack of 81.30 provides for a bearish signal and traders are aiming to go along with the break.
EUR/USD accurate and reliable fx trading signals: Patient traders are lucrative traders and the buyers on the dip performed extremely well yesterday as USD negative opinions extended on the release of worse than estimated GDP figures. From this level investors are still calling it higher and see any dip backed up by the purchasers all the way down to 1.4700 with the initial target as the psychological level of 1.5000 inside the approaching week.
GBP/USD best free fx trading alerts: We drifted lower in the overnight session back in the direction of the 1.6600/10 support and traders were quite thrilled to be buyers on the dip. From this level, as long as 1.6600 holds, investors seem to be pleased to be customers in search of it to initially test the prior highs of 1.6750 and further onwards to 1.6900 at some point next week. A bust of 1.6600 could modify this opinion.
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