FXCM/DailyFX Signals and Analysis

Forex Positioning Warns that the US Dollar May Lose Further

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See full analysis in this week's Speculative Sentiment Index (SSI) report by David Rodriguez on DailyFX.com
 
The Top Three Risks Facing Global Markets Right Now

Today, currency analyst James Stanley discusses what he considers the top three risks facing global markets right now.


RISK #1: Liquidity
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For more details on all 3 risks identified by James Stanley, see his article on DailyFX.com.
 
Can a Trader Take Advantage of the IMFs Chinese Yuan Decision?

There is no doubt that Yuan joining SDR basket is a milestone event, but for investors and traders, how would you benefit from this new development?

In her latest article on DailyFX.com, Renee Mu discusses a list of opportunities that you may be able to use to invest in China at the moment or in the near future.
 
EUR/USD Stares Down A Big Week

In his article on DailyFX.com, head forex trading instructor Jeremy Wagner discusses the big week for EUR/USD.

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"As we look through the technical patterns, it appears the higher probability move is for a couple hundred pips of US Dollar weakness. This could send the EUR/USD higher towards 1.08-1.09."
 
How to Be Ready for the ECB

Tomorrow's ECB meeting is looking to be one of the more significant European announcements in months, if not years.


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Currency analyst James Stanley discusses how to prepare for it in his article today on DailyFX.com.
 
EUR/USD Retail FX Flips Net-Short on Mild ECB Easing Package


The Speculative Sentiment Index (SSI) has a new format on DailyFX.com and the latest SSI readings show that despite the spike in the EUR/USD exchange rate after today's ECB rate decision, the retail crowd has flipped net-short EUR/USD.


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An SSI value of -1.8956 for EUR/USD means that 65% of retail traders are short the pair. Since SSI is a contrarian indicator, that's a strong signal that EUR/USD can go even higher.
 
"Goldilocks" US NFPs Keep EUR/USD Steady; Fed Rate Hike a "Lock"

DailyFX currency strategist Christopher Vecchio says, "Mark your calendar for December 16: markets are honing in for the first Federal Reserve rate hike in two weeks after the November US Nonfarm Payrolls report.


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"The data, which was truly a ‘Goldilocks’ print – not too hot, not too cold – confirmed recent labor market trends that should keep the Federal Reserve confident enough that the US economy is continuing to heal."
 
Forex Sentiment Warns that US Dollar Likely to Continue Lower


A major turn in retail FX positions warns that the US Dollar may lose further against these major counterparts.


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See real time Speculative Sentiment Index (SSI) data on the new retail trader Sentiment page on DailyFX.com
 
Fed Rate Decision Can Ignite Volatility and Upend Well Established Trends


Chief currency strategist John Kicklighter discusses how the upcoming Fed rate decision has the potential to cause big market moves in his article on DailyFX.com.


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Talking Points
  • Though there is still some doubt, the market consensus now expects the Fed to hike December 16
  • Even if a rate hike is realized, the market has priced in far more than what ‘liftoff’ insinuates
  • We look at a range of visuals that show why this may be a critical event for the global markets
 
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