Tag archive for ‘USD-strength’
By gossewestra On Wednesday, December 13th, 2017

U.S. Dollar Price Action Seutps Ahead of FOMC

Talking Points: – Today at 2PM ET brings the final Federal Reserve rate decision of 2017. – The wide-expectation is for a hike of 25 basis points; but with that already arguably being priced-in, focus More...

By gossewestra On Tuesday, December 12th, 2017

U.S. Dollar at Key Resistance Ahead of the Fed; Cable Bounce on Six-Year High CPI

Talking Points: – Tomorrow brings the final FOMC rate decision for this year, and a rate hike of 25 basis points is widely-expected. – This takes place in front of ECB and BoE rate decision on Thursday, More...

By gossewestra On Monday, December 11th, 2017

Forex Markets Ready for a Week of Central Banks: Fed, ECB, BoE Await

Talking Points: – This week brings a bevy of Central Bank rate decisions. We look into three of the more pertinent below. – As we near the close of 2017, a number of bigger picture themes remain at question, More...

By gossewestra On Thursday, December 7th, 2017

U.S. Dollar Price Action Setups Ahead of Non-Farm Payrolls (NFP)

Talking Points: – The U.S. Dollar is perking up ahead of tomorrow’s release of Non-Farm Payrolls: The expectation is for +195k jobs to have been added to American Non-Farm Payrolls in the month of November. – More...

By gossewestra On Thursday, November 16th, 2017

EUR/USD Churn Continues as Shooting Star Shows: A Bullish and a Bearish Case

Talking Points: – EUR/USD strength continued into yesterday’s session, at which point bears took over around a prior swing-high. This exposes a shooting star formation for yesterday’s EUR/USD candle. – More...

By gossewestra On Thursday, November 9th, 2017

USD Pulls Back from Resistance – But Will Bulls Respond to Support?

Talking Points: – The U.S. Dollar is moving off of the resistance zone we looked at yesterday, and this opens the door for a couple of different interesting areas for longer-term support to show. We look at More...

By gossewestra On Tuesday, November 7th, 2017

How Forex Markets Might Respond to a Continuation of USD Strength

Talking Points: – The U.S. Dollar is testing three-month highs as bulls remain persistent on the bid. Should this theme continue to develop, a series of interesting possibilities are opened up for the remainder More...