Year-End Price Action Setups in GBP/USD, EUR/JPY

– For trading ideas, please check out our Trading Guides. And if you’re looking for something more interactive in nature, please check out our DailyFX Live webinars. To receive James Stanley’s Analysis directly via email, please sign up here. As we stare down the end of 2017, there are a number of exciting themes and scenarios that More...

by gossewestra | Published 2 hours ago
By gossewestra On Monday, December 18th, 2017
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GBP/USD Technical Analysis: The Sliding Scales of Support

Talking Points: – The British Pound is showing messy near-term price action, making directional prognosis on shorter-term charts a bit of a challenge. – Retail traders remain slightly net-short, with More...

By gossewestra On Monday, December 18th, 2017
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EUR/JPY Technical Analysis: Still Ranging

Talking Points: – EUR/JPY continues to trade in the range that’s defined the pair’s price action since mid-September. – The EUR/JPY range has held through a variety of fundamental drivers, More...

By gossewestra On Monday, December 18th, 2017
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A Weekly Technical Perspective on GBP/USD, AUD/USD, USD/CAD

In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Here are the key levels that matter on the USD Majors heading into the yearly More...

By gossewestra On Monday, December 18th, 2017
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Bitcoin May Fall on Bearish Sentiment

New to Bitcoin? Be sure to check out our new Bitcoin Trading Guide! Bitcoin: Retail trader data shows 64.0% of traders are net-long with the ratio of traders long to short at 1.78 to 1. The number of traders net-long More...

By gossewestra On Monday, December 18th, 2017
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Euro May Rise As Sentiment Shifts

EURUSD: Retail trader data shows 37.5% of traders are net-long with the ratio of traders short to long at 1.66 to 1. The number of traders net-long is 4.7% lower than yesterday and 20.4% lower from last week, while More...

By gossewestra On Monday, December 18th, 2017
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GBP/JPY Technical Analysis: Choppy Near-Term, Longer-Term Support Remains

Talking Points: – GBP/JPY moved-up to a fresh 2017 high after our last article, but soon broke-down; giving us a false breakout. – GBP/JPY is messy near-term; but longer-term charts may open up the possibility More...

By gossewestra On Monday, December 18th, 2017
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Gold Prices Seek Out Resistance at Prior Support

Talking Points: – Gold prices are recovering early-December losses after last week’s rate hike from the Federal Reserve. – Retail traders are aggressively long Gold with IG Client Sentiment currently More...

By gossewestra On Monday, December 18th, 2017
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Biggest 2-Day Move in Years for ZAR as Ramaphosa Deemed Leader of ANC

Sign up for our free trading guides available for beginners and advanced forex traders. Current Deputy President of South Africa Cyril Ramaphosa is now the party leader of the African National Committee after a More...

By gossewestra On Monday, December 18th, 2017
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USD/CHF Technical Analysis: Two-Year Range Remains in-Force

Talking Points: – USD/CHF has been range-bound for more than two years. – As we move towards the close of 2017, price action remains near the middle of this two-year range. – Want to see the DailyFX More...