EURAUD continue weakening toward 1.4200. I don't see any reason it would turn around given the fact ECB has lowered the interest wanted a lower EURO.

EUR/AUD

According to the latest FOMC, the first rate hike is most likely be in 2015. ​Also, at the current Tapering pace, it would take about 4 months to get rid of QE (-10 bn per month of 35 bn), and that would leave us at October this year when QE is ...

USD/JPY Discussion

AUD has no major news release next week. US Consumer Confident and House numbers release next week. Let's see if AUDUSD's 09400 will hold or not next week.

AUD/USD

New round of FOMC. Since most the fed officer believe we will rate hike in 2015, would usdjpy continue ranging for the rest of the year? image

USD/JPY Discussion

Some fun facts from Marketwatch image

EURUSD

Yeah that would make EURO lower for sure. EURO bears are still at the corner and waiting for their next short chance.

EURUSD

Two things I would like to point out, GDP growth is cut First rate hike in 2015 ​Also at the current Tapering pace, it would take about 4 months to get rid of QE (-10 bn per month of 35 bn), and that would leave us at October this year when QE is ...

EURUSD

Also for ECB from 6/5, From Kathy Lien at BK Assist Management, My Top 15 Takeaways from ECB Announcement & Draghi Press Conference 1. ECB Delivers Massive Stimulus Package, Talks of Doing More – Markets Should be Impressed 2. ECB Did NOT Announce ...

EURUSD

For those whom are curious about the latest Fed FOMC minutes here is some insights, From Kathy Lien at BK Assist Management, Top 10 Takeaways from June FOMC Statement 1. Monthly bond purchases cut by $10B to $35B 2. Forecast changes – lower ...

EURUSD

Clean channel heading towards 1.3600. image

EURUSD

On the 4th week rally, here we are again, at the .9400. Will the .9400 & .9200 hold again? image

AUD/USD

Depends on tomorrow's FOMC. Clearly EU is waiting for something to happen at the current range.

EURUSD

So I guess pretty much 1.3580-1.3587 (resistant) & 1.3500 - 1.3510 (support) are what we have to work with tonight while heading towards the FOMC meeting tomorrow.

EURUSD

CitiFX says “continued extreme short” in EUR Comments from CitiFX on the EUR: Market focused on the 1.35 level Flows suggest short term clients are mixed on a meaningful break lower Hedge funds have been buying back EUR since the ECB’s decision. ...

EURUSD

No problem and Thanks! I am going to mount a TV for some more news feeds.

EURUSD

Current EU ATR (200) is at 65 pips, 65 x 110% = 70 pips. If today's market deiced to give it a run in London and New York section, price opened at 1.3570, so I would say 1.3500 (1.3570 - 70) and 1.3640 - 1.3650 (1.3570 + 70) would be the ideal ...

EURUSD

The reason why I felt 1.3580 isn't a solid resistant level. So as you can see 1.3580 was EMA 20 FIRST touch after first sell off on ECB rate cut decision. Or I would call it the FIRST retracement. image Now let's jump in a little closer on the 4H ...

EURUSD

Thanks. Normally if is is NOT FOMC on the tap, I would agree with you on the 1.3850 level. But if it is before FOMC, i would say anything is possible. The day ECB cut the rate by 10 point, EU bounced off its 1.3500 level for 160 pips in as little as ...

EURUSD

Thanks Saver0, yeah it's all about taking what's out there to use for my own advantage / edge. BTW nice portfolio gain this year, and i just realized you are from US too. Cheers and keep it up!

EURUSD

I like Tim's FOMC analysis. However, he did not mention housing has not backed to its speed either. image I do agreed with Tim that Yellen would most likely remain muddy and somewhat dovish in statement and minimal policy changes this week.

EURUSD