This week has proved again that fundamental news are not even close to move the market, when sentiment leads: investors are turning towards the US and the possibility of tapering QE as soon as this summer...
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EUR/USD: Long dollar bias pared for the second consecutive week in the euro.
GBP/USD: Adding credence to the cable’s bearish profile is the long-term forecast below 1.50.
USD/JPY: USDJPY aspirations of moving higher are capped in sentiment readings: 102.53 is next week's target. However, 101.21 is the monthly price.
USD/CHF: The persistent lack of faith in this $bull market is exactly what fuels the Swissy.
BabyPips.com − Ever heard of the term "writer's block"? It's a condition that's associated with the writing profession and occurs when an author loses the ability to produce new work. Writer's block can vary in intensity. At times, it can be minor and last for a few minutes or hours. This frustrating condition can happen in trading as well, and I'd like to call it "trader's block."
Steve Ward − In this months podcast I share some thoughts and insights from the excellent documentary 'Letting Go' about legendary pro surfer Kelly Slater's bid to win a world tour title after a seven year gap.
Join us now and connect with other traders!
CoT Report at FXstudies by Gonçalo Moreira