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[Jason Rogers]

Holiday Trading Hours for May

Below are the CFD holiday trading hours for May. Forex trading hours remain unchanged, and you can view the holiday rollover interest schedule here: Rollover Calendar | Forex Education | DailyFX

Times below are in GMT

 

[Jason Rogers]

The past two days have seen EUR/USD reach the highest levels on our Real Volume indicator (8+ billion per day) since February 2012.

The new Direction Real Volume indicator shows that buying volume exceeded selling volume on the platform today.

 

[Jason Rogers]

EUR/JPY New Trend - FX Sentiment & Volume Analysis

DailyFX trading instructor Tyler Yell said in today's trading lesson that "FXCM Trading Volume on the EUR/JPY has seen an abrupt turn as price broke through resistance after a series of lower highs and lower lows. With SSI showing a greater than 2:1 ratio of short-interest, sentiment traders are favoring upside.

EUR/JPY Turns Focus On Prior Resistance to Validate Upside

"Over the last month, the three largest volume days or associated on up days from the 126.08 low recorded on April 14, 2015. The price action and volume picture helps to paint a picture of just how bullish the EUR/JPY may be coming.

EUR/JPY SSI Hits 12-Month Lows

"The inverse relationship that SSI has with price might point us towards a higher EURJPY. 68% of retail traders are short. An SSI value of -2.08 is the lowest SSI value we have seen since the December 2014 high."

 

[Jason Rogers]

NZD/JPY Rebound Testing Resistance - Scalps Target 89.50 Inflection Zone

[video=youtube;Q8scMJBtzZI]https://www.youtube.com/watch?v=Q8scMJBtzZI[/video]

Talking Points

• NZDJPY Critical 180pip range in focus
• 89.50 key targeted resistance / bearish invalidation
• Event risk on tap this week

 

[Jason Rogers]

US Dollar Likely to Trade Lower in Week Ahead

In his weekly strategy outlook, DailyFX quantitative strategist David Rodriguez says "the US Dollar stands to lose further versus the Euro, British Pound, and Australian Dollar".

[video=youtube;H2KDpD7tjRE]https://www.youtube.com/watch?v=H2KDpD7tjRE[/video]​

 

[Jason Rogers]

EUR/USD, GBP/USD into Trend Support with FOMC Minutes Due

Talking Points:

• EUR/USD snaps uptrend, heads to former resistance near $1.1050.
• GBP/USD holding April 13 uptrend after BoE minutes earlier.
• See the May forex seasonality report.

[video=youtube;KH2MqUwSWAc]https://www.youtube.com/watch?v=KH2MqUwSWAc[/video]

 

[Jason Rogers]

Holiday Trading Hours for June

Below are the CFD holiday trading hours for June. Forex trading hours remain unchanged, and you can view the holiday rollover interest schedule here: Rollover Calendar | Forex Education | DailyFX

 

[Jason Rogers]

Charts to Start a Critical Week for the US Dollar

[video=youtube;rzl2qKBQY_k]https://www.youtube.com/watch?v=rzl2qKBQY_k[/video]

Talking Points:

• Significant Euro-Zone and US event risk dots the calendar this week.
• European currencies among weakest performers versus greenback.
• See the DailyFX economic calendar for Monday, June 1, 2015.

 

[Jason Rogers]

Sentiment Points to Euro Gains, Aussie and Kiwi Dollar Declines

One-sided retail forex sentiment points to continued Euro gains versus the US Dollar, while the New Zealand and Australian Dollars are likely to fall further.

Click here to receive the Speculative Sentiment Index (SSI) and other reports by DailyFX quantitative strategist David Rodriguez via e-mail.

 

[Jason Rogers]

FXCM High Frequency Trading Market Insights

Hi Everyone,

I would like to tell you about our new FXCM High Frequency Market Insights. Unlike most indicators out there, many of which are lagging and repetitive, this new trading tool uses institutional level data to help determine whether the current market move will continue.

[video=youtube;00RKQghsKjg]https://www.youtube.com/watch?v=00RKQghsKjg[/video]​

The FXCM High Frequency Trading Market Insights contain our GridSight Index (Gix), which identifies the strength of market moves and the historical likelihood of continuation of the move. It does this through a highly advanced system that monitors over 30 high-frequency market signals centered around:

• Institutional Liquidit y
• Professional Supply and Demand
• Trader Positioning and Volume

This information is summarized and updated in real time on the website to give you an extra edge in your trading. Any feedback you provide here about the FXCM High Frequency Market Insights will be greatly appreciated. Click here for a guide to this trading tool.

Thanks,
Jason