Intraday Forex Charts Update Jan. 9, 2017

Jan 9 10:30am BabyPips.com
Sup, peeps? Our old school short-term triangles for GBP/NZD and AUD/USD were broken and we bagged us some sweet pips. Aww, yea! Are ya game for more? Continue reading → The post Intraday Forex Charts Update – Jan. 9, 2017 appeared first on BabyPips.com.
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London Session Forex Recap Jan. 9, 2017

Jan 9 8:20am BabyPips.com
The pound selloff continued into the morning London session, probably because forex traders who were late to the pound dumping party are still trying to price-in Theresa May's weekend statement. Continue reading → The post London Session Forex Recap – Jan. 9, 2017 appeared first on BabyPips.com.
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Acting on My 2017 Forecast Using Binary Options

Jan 9 8:00am Forex Blog
Forecasting the currency rates by simply stating some arbitrary ranges is easy, that is why I prefer to use some real money to back up my talks. Like the year before, I have decided to act on my 2017 Forex forecast. Since my predictions are all in a form of the year-end …...
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Is the FED Data or Donald Dependent? MM #129

Jan 9 6:12am Forex Crunch
Our first episode of 2017 focuses on the US: we begin from the data, with the NFP, and continue with the FED. This time, the meeting minutes were very revealing, to say the least. As usual, we preview the upcoming events. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Getting [...] The post Is the FED Data or Donald Dependent? – MM #129 appeared first on Forex Crunch.
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Elliott Wave Analysis: GBPUSD and EURJPY

Jan 9 6:07am Forex Crunch
GBPUSD Cable is falling sharply since the pair found a top at 1.2433 levels, where we called the end of the corrective wave B circled. We can see nice five sub waves of decline from that high, so despite a bearish turn we need to be aware of a potential bounce, at least in three [...] The post Elliott Wave Analysis: GBPUSD and EURJPY appeared first on Forex Crunch.
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AUD/USD: Trading the Australian Retail Sales

Jan 9 5:11am Forex Crunch
Australian Retail Sales is considered the primary gauge of consumer spending. The indicator provides analysts and traders with an early look at consumer spending. A reading that is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Tuesday at 00:30 GMT.  Indicator Background Consumer spending is [...] The post AUD/USD: Trading the Australian Retail Sales appeared first on Forex Crunch.
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4 Factors Supporting the Loonie Right Now

Jan 9 4:15am BabyPips.com
The Loonie seems to be off to a running start this 2017, thanks to several upside data surprises. Is the Canadian economy finally turning a corner? Continue reading → The post 4 Factors Supporting the Loonie Right Now appeared first on BabyPips.com.
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Are you a sleep walking trader?

Jan 9 3:54am Forex Crunch
24 hours a day, 7 days a week was once a catchcry for advertisers looking to promote convenience. Now it is an expected minimum. Even 9 to 5 activities like stock market trading has been extended, with pre and post market trading readily available. Forex too has moved from a coterie of banks trading currencies [...] The post Are you a sleep walking trader? appeared first on Forex Crunch.
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Bullet Report: The Dollar gets a Boost, Sterling gets the Boot

Jan 9 3:52am Forex.Info
The financial calendar is thin today and the market will be affected mostly by FED member’s speeches after Friday’s very important NFP report which rose 156k in December versus 204k in November. Notable improvement is the rise in... The post Bullet Report: The Dollar gets a Boost, Sterling gets the Boot appeared first on Forex.Info.
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GBP/USD falls to the lowest since October on Brexit fears

Jan 9 3:27am Forex Crunch
The British pound is on the back foot once again. GBP/USD fell below the lows seen in late December and now trades at levels last visited in October, just after the flash crash. Sterling is also lower against the euro and the yen, and it’s all due to Brexit fears. Over the weekend, new dark clouds have [...] The post GBP/USD falls to the lowest since October on Brexit fears appeared first on Forex Crunch.
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GBP/USD: Trump and Brexit are gifts that keep on giving [Video]

Jan 9 3:00am Forex Crunch
Cable had a devastating 2016 due to massive political shocks. These events, Brexit and Trump’s election, come to fruition in 2017. We analyze the forces moving both currencies: central banks, politics, and the economies. There is a definite conclusion about the next move of the pair, but remember that forex is never a one-way street. [...] The post GBP/USD: Trump and Brexit are gifts that keep on giving [Video] appeared first on Forex Crunch.
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EURUSD , GBPUSD and USDJPY TA January 9 2017

Jan 9 2:54am Forex Crunch
EURUSD intra-daily analysis   EURUSD (1.0524): EURUSD posted a reversal off 1.0600 price level on Friday to give up half the gains made the day before. Price remains trading within 1.0600 and 1.0500 levels with further bias likely to extend on a breakout from these levels. On the 4-hour chart price action remains fairly balanced [...] The post EURUSD , GBPUSD and USDJPY TA – January 9 2017 appeared first on Forex Crunch.
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Monday 09-01-2017 Outlook

Jan 9 2:23am Forex.Info
Welcome to the easyMarkets weekly outlook starting this Monday 2 January. We’ll be looking at the week’s key economic events on the financial calendar covering Monday to Thursday. Be sure to catch up with our Friday morning report... The post Monday 09-01-2017 Outlook appeared first on Forex.Info.
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Eurozone inflation unexpectedly rises to 1.1%

Jan 9 2:13am Forex.Info
Inflation levels for Eurozone increased to a three year high. The December Consumer Price Index (CPI) surged to 1.1\% over the period of twelve months according to the European Union’s statistics office, Eurostat. The result surprised the markets... The post Eurozone inflation unexpectedly rises to 1.1\% appeared first on Forex.Info.
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USD could peak 99 Days After Trumps Inauguration SocGen

Jan 9 2:00am Forex Crunch
The US dollar began 2017 with a storm, reaching 14-year highs against the euro before taking the other direction. What’s next? Here is their view, courtesy of eFXnews: Over the last few years, the relationship between FX rates and interest rate differentials has shifted. The chart below shows DXY-weighted 10year real yield differentials next to the [...] The post USD could peak 99 Days After Trump’s Inauguration – SocGen appeared first on Forex Crunch.
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Asian Session Forex Recap Jan. 9, 2017

Jan 9 1:29am BabyPips.com
The dollar squeezed out a couple more pips from its major counterparts, as Asian session forex traders priced in a somewhat better-than-expected NFP report and a healthy Wall Street close from last week. Continue reading → The post Asian Session Forex Recap – Jan. 9, 2017 appeared first on BabyPips.com.
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CAD: Why Is Consensus Lacking Direction; Where To Target? CIBC

Jan 9 12:22am Forex Crunch
The Canadian dollar enjoyed the great Canadian jobs report but in general, lacks a direction. The team at CIBC dives into this: Here is their view, courtesy of eFXnews: Movements in oil and by extension the Canadian dollar have become less dramatic than they were in the prior two years. However, that hasn’t translated into a [...] The post CAD: Why Is Consensus Lacking Direction; Where To Target? – CIBC appeared first on Forex Crunch.
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Weekly Watch: Jan. 9 13, 2017

Jan 8 10:30pm BabyPips.com
EUR/JPY Looks like the trend is looking up for EUR/JPY, as the pair is forming an ascending channel on its 1-hour time frame. Price is closing in on the resistance at the 124.00 major psychological level, which might force it … Continue reading → The post Weekly Watch: Jan. 9 – 13, 2017 appeared first on BabyPips.com.
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Comdoll Trading Kit (Jan. 9-13, 2017): Forex Market Preview

Jan 8 9:43pm BabyPips.com
It's all about the channels on AUD/USD, USD/CAD, and NZD/USD! Take a look at these potential trend plays, along with the market events and inflection points for the week. Continue reading → The post Comdoll Trading Kit (Jan. 9-13, 2017): Forex Market Preview appeared first on BabyPips.com.
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Daily Chart Art Jan. 9, 2017

Jan 8 8:18pm BabyPips.com
Rise and shine, forex brothas! Hit the ground running this week by checkin' out these short and medium-term trend trades on USD/JPY and USD/CAD! Continue reading → The post Daily Chart Art – Jan. 9, 2017 appeared first on BabyPips.com.
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EUR/USD: Turbulence In Chinese FX markets Behind Recent Move; Whats Next? Danske

Jan 8 6:06pm Forex Crunch
China is never too far away from EUR/USD, and this was very relevant at the wake of 2017. What’s next after the dawning days? Here is the view from Danske: Here is their view, courtesy of eFXnews: One of the most noteworthy trends in the early days of 2017 has been the volatility in the [...] The post EUR/USD: Turbulence In Chinese FX markets Behind Recent Move; What’s Next? – Danske appeared first on Forex Crunch.
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GBP/USD Forecast Jan. 9-13

Jan 8 3:58pm Forex Crunch
GBP/USD recorded strong losses last week, dropping 150 points. The pair closed at 1.2264. This week’s key event is Manufacturing Production. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   It’s been a busy start to the New Year. The ISM Manufacturing PMI improved and beat expectations. Employment numbers were a [...] The post GBP/USD Forecast Jan. 9-13 appeared first on Forex Crunch.
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USD/CAD Forecast Jan. 9-13

Jan 8 2:13pm Forex Crunch
The Canadian dollar sparkled last week, gaining close to 200 points. USD/CAD closed the week at 1.3230. There are four events this week. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. It’s been a busy start to the New Year. The ISM Manufacturing PMI improved and beat expectations. Employment numbers [...] The post USD/CAD Forecast Jan. 9-13 appeared first on Forex Crunch.
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Forex Brokers Update January 8th, 2017

Jan 8 1:53pm Forex Blog
One new company has been added during the week: Turnkey Forex — an unregulated UK broker with MT4 and TradeStation platforms. Micro accounts start at $5 and offer 1:200 leverage. STP accounts start at $100. Two brokers have been updated: FXCM no longer offers NinjaTrader, ZuluTrade, …...
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USD/JPY Forecast Jan. 9-13

Jan 8 4:54am Forex Crunch
USD/JPY dropped as low as the 115 line, but closed the week almost unchanged, at 116.90. This week has six events. Here is an outlook for the highlights of this week and an updated technical analysis for USD/JPY. In the US, it was a busy start to 2017. The ISM Manufacturing PMI improved and beat expectations. Employment numbers [...] The post USD/JPY Forecast Jan. 9-13 appeared first on Forex Crunch.
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NZD/USD Forecast Jan. 9-13

Jan 8 4:26am Forex Crunch
The New Zealand dollar traded in range during the first week of 2017. Yet again, we have a single event on the calendar. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. Milk prices turned south once again, this time dropping by 3.9\%. This kept the kiwi under 0.70. In the US, data was [...] The post NZD/USD Forecast Jan. 9-13 appeared first on Forex Crunch.
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Top Forex Market Movers of the Week (Jan 2-6, 2016)

Jan 7 11:00pm BabyPips.com
The Loonie and the Aussie (and the Kiwi to a lesser extend) were in demand this week. But what was driving demand for the comdolls? And how did the other currencies fare? Continue reading → The post Top Forex Market Movers of the Week (Jan 2-6, 2016) appeared first on BabyPips.com.
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AUD/USD Forecast Jan. 8-13

Jan 7 3:12pm Forex Crunch
AUD/USD posted modest gains last week, closing at 0.7276. This week’s key event is Retail Sales. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In the US, it was a busy start to the New Year. The ISM Manufacturing PMI improved and beat expectations. Employment numbers were a mix, as [...] The post AUD/USD Forecast Jan. 8-13 appeared first on Forex Crunch.
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Weekly Forex Technical Analysis (Jan 9 Jan 13)

Jan 7 4:04am Forex Blog
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0088 1.0214 1.0369 1.0495 1.0650 1.0776 1.0930 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0221 1.0383 1.0502 1.0664…...
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A Review of the December NFP Report

Jan 7 4:00am BabyPips.com
December's NFP report was a miss, but the Greenback got bid higher. What's up with that? Well, here's a review of December's employment situation to help you out. Continue reading → The post A Review of the December NFP Report appeared first on BabyPips.com.
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Is Euro Periphery Tension Back As A Driver For EUR/USD? Goldman Sachs

Jan 7 3:31am Forex Crunch
EUR/USD had a turbulent start to the year, but the moves were all due to mood changes regarding the dollar. What about the periphery? Here is their view, courtesy of eFXnews: We first revised our forecasts to show EUR/$ downside in April 2014, on the rationale that economic outperformance would see the Fed raise rates ahead of [...] The post Is Euro Periphery Tension Back As A Driver For EUR/USD? – Goldman Sachs appeared first on Forex Crunch.
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Dont Let Overconfidence Chip Away at Your Profits

Jan 6 2:07pm BabyPips.com
For many traders, having winning streaks increases the chances of being overconfident. Why is it a bad thing and how can you keep it from chipping away at your hard-earned moolah? Continue reading → The post Don’t Let Overconfidence Chip Away at Your Profits appeared first on BabyPips.com.
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USD: After The Trump USD Rally: Whats Next? BofA Merrill

Jan 6 1:58pm Forex Crunch
Nearly two months have passed since Donald Trump was elected and two weeks remain until the inauguration. The result has boosted the greenback, but what’s next? Here is their view, courtesy of eFXnews: 2016 was a roller-coaster for markets. A year ago investors were in panic about deflation. Back then, we took a contrarian view and [...] The post USD: After The Trump USD Rally: What’s Next? – BofA Merrill appeared first on Forex Crunch.
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EUR/USD Forecast Jan. 9-13

Jan 6 12:12pm Forex Crunch
EUR/USD slipped to new 14-year lows in the wake of 2017 but recovered very quickly thanks to weakness in the USD. The second week of January features trade balance and industrial output measures. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Data in the euro-zone has been relatively [...] The post EUR/USD Forecast Jan. 9-13 appeared first on Forex Crunch.
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Forex Weekly Outlook January 9-13

Jan 6 10:40am Forex Crunch
US Retail sales, Crude stocks Unemployment claims Producer prices and Consumer sentiment. These are the highlights for this week. Join us as we explore the market movers on forex calendar. Last week US monthly employment report showed a lower than expected job growth in December but wages registered a 2.9\% annualized gain. The economy added [...] The post Forex Weekly Outlook January 9-13 appeared first on Forex Crunch.
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Nonfarm Payrolls Cause Volatility, Push EUR/USD Down

Jan 6 10:29am Forex Blog
EUR/USD declined today even though the fundamental indicators that came out from the United States were rather mixed. Traders preferred to buy the dollar despite the fact that the news brought nothing positive about the US economy. Trade balance deficit widened from October’s reading of $42.6 billion to $45.2 …...
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Intraday Forex Charts Update Jan. 6, 2017

Jan 6 10:25am BabyPips.com
Let's end this week's intraday forex charts update with a couple of fresh setups for the Aussie. To be more specific, I've got a channel for AUD/JPY and a triangle for AUD/NZD. Continue reading → The post Intraday Forex Charts Update – Jan. 6, 2017 appeared first on BabyPips.com.
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Dec NFP: Not A Barnburner, But It Will Do; USD Positive CIBC

Jan 6 9:32am Forex Crunch
Wages are up 2.9\% y/y and this overshadows the small miss on job gains. Here is a quick take from CIBC: Here is their view, courtesy of eFXnews: It wasn’t a barnburner, but it will do. While non-farm payrolls increased by a below consensus 156k in December, net revisions and a solid rebound in wage growth [...] The post Dec NFP: Not A ‘Barnburner’, But It Will Do’; USD Positive – CIBC appeared first on Forex Crunch.
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NFP +156K, but wages up 2.9% y/y USD rises

Jan 6 8:31am Forex Crunch
Mixed jobs report in the US: the economy gained only 156K, but this came with an upwards revision. Wages jump 0.4\% m/m, better than expected and no less than 2.9\% y/y, the best in many years. The unemployment rate stands at 4.7\%, as expected. Wages have the upper hand.  USD is up. — more coming The [...] The post NFP +156K, but wages up 2.9\% y/y – USD rises appeared first on Forex Crunch.
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Canadian jobs jump 53.7K USD/CAD drops

Jan 6 8:30am Forex Crunch
A good jobs report from Canada: the economy gained no less than 53.7K jobs in December, far above expectations. The unemployment rate rose to 6.9\%, as expected, but this comes on top of a rise in the participation rate to 65.8\%, and that is good news. In addition, the job gains come from full-time positions: +81.3K. [...] The post Canadian jobs jump 53.7K – USD/CAD drops appeared first on Forex Crunch.
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London Session Forex Recap Jan. 6, 2017

Jan 6 8:10am BabyPips.com
Price action during today's morning London session was relatively more subdued and choppier than usual, probably because forex traders were hunkering down for the NFP report. Continue reading → The post London Session Forex Recap – Jan. 6, 2017 appeared first on BabyPips.com.
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Q&A: What You Should Know About the December FOMC Meeting Minutes

Jan 6 5:03am BabyPips.com
Last month the Fed surprised forex players by pencilling in not 1-2, but 2-3 interest rate hikes in 2017. What’s up with that?! Let’s look at the meeting minutes for clues! Continue reading → The post Q&A: What You Should Know About the December FOMC Meeting Minutes appeared first on BabyPips.com.
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EUR/USD: A Sell Into 1.0650; USD/JPY: A Buy Into 114.45 Morgan Stanley

Jan 6 4:37am Forex Crunch
The US dollar crashed (here are three reasons). The team at Morgan Stanley sees buying opportunities on the main pairs: Here is their view, courtesy of eFXnews: US labor market focus: Yesterday’s release of US Fed minutes showed that about half of the participants incorporated an assumption of more expansionary fiscal policy in their forecasts. [...] The post EUR/USD: A Sell Into 1.0650; USD/JPY: A Buy Into 114.45 – Morgan Stanley appeared first on Forex Crunch.
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Elliott Wave Analysis: EURUSD and GBPUSD

Jan 6 4:04am Forex Crunch
EURUSD EURUSD is moving slightly to the upside since the pair touched a new low, but a bigger structure still shows a sideways price move presumably wave 4) that can be a flat that will seek a top near 1.0700 area. The second possibility is also a triangle in the fourth wave if the pair [...] The post Elliott Wave Analysis: EURUSD and GBPUSD appeared first on Forex Crunch.
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NFP Preview a disaster in wages is needed to stop the dollar [Video]

Jan 6 3:00am Forex Crunch
The US dollar enjoys momentum, and it will take a significant blow to halt it. The focus could move to salaries, which fell short in the NFP report for November. This jobs report for December is the last full month of President Obama and also feeds into the upcoming FED decision. Get ready for a [...] The post NFP Preview – a disaster in wages is needed to stop the dollar [Video] appeared first on Forex Crunch.
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Preview: What To Expect From NFP? Views From 10 Major Banks

Jan 6 2:59am Forex Crunch
The first Non-Farm Payrolls release of the year is here. What can we expect? Here are 10 quick views: Here is their view, courtesy of eFXnews: Credit Agricole: Our US economist looks for firm US economic data this week with NFP predicted to rise by 185K and the unemployment rate to tick upward to 4.7\% Goldman: We are in [...] The post Preview: What To Expect From NFP? – Views From 10 Major Banks appeared first on Forex Crunch.
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Forex Watchlist: Time to Jump in on USD/JPYs Uptrend?

Jan 6 2:42am BabyPips.com
Heya, forex friends. If you're a long-term dollar bull like I am, then you'll be thrilled with the stars lining up on USD/JPY's 4-hour chart! Continue reading → The post Forex Watchlist: Time to Jump in on USD/JPY’s Uptrend? appeared first on BabyPips.com.
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Asian Session Forex Recap Jan. 6, 2017

Jan 6 1:37am BabyPips.com
Concerns over the yuan and possibly a weak NFP report weighed on risk appetite, enabling the dollar to recoup some of its losses from the previous trading sessions. Continue reading → The post Asian Session Forex Recap – Jan. 6, 2017 appeared first on BabyPips.com.
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Using easyMarkets dealCancellation to Trade Fridays NFP Report

Jan 5 11:16pm Forex.Info
The global financial markets started the year off with a bang on Tuesday, as traders poured into US stock indices, the dollar and even precious metals in the first active session since the holidays. Market participants are now... The post Using easyMarkets dealCancellation to Trade Friday’s NFP Report appeared first on Forex.Info.
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SMA Crossover Pullback: Breakdown Per Currency Pair

Jan 5 10:12pm BabyPips.com
Happy New Year, earthlings! Before reviewing the first few trades for the year, let's have a look back at how each of the currency pairs fared under the SMA Crossover Pullback forex mechanical system. Continue reading → The post SMA Crossover Pullback: Breakdown Per Currency Pair appeared first on BabyPips.com.
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U.S. Session Forex Recap Jan. 6, 2017

Jan 5 8:43pm BabyPips.com
Another day, another loss! The Greenback took another hit from its rivals after leading jobs indicators hinted of a downside NFP surprise. Continue reading → The post U.S. Session Forex Recap – Jan. 6, 2017 appeared first on BabyPips.com.
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Daily Chart Art Jan. 6, 2017

Jan 5 8:17pm BabyPips.com
It's a flashback Friday on today's set, as we revisit day trade opportunities on USD/JPY and USD/CHF. Check it out and see if you can catch last-minute pips before the week ends! Continue reading → The post Daily Chart Art – Jan. 6, 2017 appeared first on BabyPips.com.
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Cowabunga Forex System Daily Update: Thursday, 01/05/2017

Jan 5 12:54pm BabyPips.com
Unfortunately both of my potential signals today were cancelled out by one of my system rules. See how it all went down in today's Cowabunga Surf Report. Continue reading → The post Cowabunga Forex System Daily Update: Thursday, 01/05/2017 appeared first on BabyPips.com.
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EUR/USD Rises on Negative US Employment Expectations

Jan 5 11:28am Forex Blog
Even though some of the US macroeconomic reports were positive today, the dollar fell against the euro. The decline was triggered by a rather weak ADP employment data. ADP employment went down from 215k to 153k new jobs in December. Traders had expected a less abrupt drop to 175k. …...
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3 reasons why the dollar is crashing

Jan 5 11:26am Forex Crunch
The US dollar is more than correcting its previous gains. It is free-falling. EUR/USD tops 1.06, USD/JPY is trading at the 115 handle and GBP/USD is above 1.24. This is more than the normal pendulum swing: the greenback is trading below its end-2016 levels. What is going on? Here are 3 reasons for the crash [...] The post 3 reasons why the dollar is crashing appeared first on Forex Crunch.
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The Feds Fake News: Inflation Risks. Buy Bonds!

Jan 5 11:22am BabyPips.com
It’s an interesting aspect of the human condition—clinging to our view despite the fact reality has already invalidated them. The Federal Open Market Committee seems to have this characteristic firmly embedded in its DNA. Continue reading → The post The Fed’s Fake News: Inflation Risks. Buy Bonds! appeared first on BabyPips.com.
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AUD: Profit-Taking In Short AUD/USD Position; Whats Next? Credit Agricole

Jan 5 10:21am Forex Crunch
The Australian dollar ended 2016 on the back foot, but managed to recover thanks to good Chinese data. What’s next? Here is their view, courtesy of eFXnews: The consensus trade for 2017, long USD, remains on the ropes and is being driven mainly by positioning. Indeed, we think the FOMC Minutes contained few negatives for the [...] The post AUD: Profit-Taking In Short AUD/USD Position; What’s Next? – Credit Agricole appeared first on Forex Crunch.
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Intraday Forex Charts Update Jan. 5, 2017

Jan 5 10:20am BabyPips.com
Sup, homie? For today's intraday forex charts update, I've got a triangle for GBP/NZD and a rectangle for EUR/JPY. Get 'em while they're fresh! Continue reading → The post Intraday Forex Charts Update – Jan. 5, 2017 appeared first on BabyPips.com.
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ISM Non-Manufacturing PMI beats, but employment falls USD struggles

Jan 5 10:00am Forex Crunch
The services sector is enjoying strong growth, at least according to ISM’s survey. A score of 57.2 is better than expected and the highest since 2015. The new orders component jumped to 61.6, prices paid is up to 57 but the employment component misses. It is actually falling from 58.2 to 53.8 points, and this is worrying [...] The post ISM Non-Manufacturing PMI beats, but employment falls – USD struggles appeared first on Forex Crunch.
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ADP Non-Farm Payrolls miss with 153K USD slides

Jan 5 8:15am Forex Crunch
A slower gain in private sector jobs in December according to ADP: only 153K jobs gained. November’s figure was marginally revised to the downside: from 216K to 215K. The big miss for December and the general drop are ominous signs for the official BLS NFP due tomorrow. The US dollar is sliding, erasing some of its recovery [...] The post ADP Non-Farm Payrolls miss with 153K – USD slides appeared first on Forex Crunch.
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