🔄Weekly FX Recap: The euro will break below parity against the US Dollar | 📊 Ross Mullins

📌The technocrat prime minister, Giuseppe Cont, is not calling the shots and threatened to resign over this issue. ECB president, Mario Draghi, proclaimed “Mini-BOTs are either money and then they are illegal, or they are debt and then the stock of debt goes up. I don’t think there is a third possibility.” The Telegraph reports Italian…

🔄Weekly FX Recap: Taking Trades Before and After the USD Plunge | 📊 Ross Mullins

📌 The US Dollar Index (finally) breaks to the downside the 97 round figure. After all, the greenback was overvalued by 11.33% when it traded at 98.37 level, two weeks ago on May 23rd. Is this the beginning of the expected multi-week pullback to save Commodities, Emerging Markets, and the Stock Market?  📌The single currency…

JP Morgan: cuts 10-year Treasury yield forecast to 1.75% at year-end |▶️ Lisa Abramowicz

📌JPMorgan just cut its 10-year Treasury yield forecast to 1.75% at year-end, compared with 2.45% previously and 2.13% on Monday in Asian trading. 📌Projections are a contrast with JPMorgan Chief Executive Officer Jamie Dimon’s warning last month that yields were already “extraordinarily low” on a historical basis, and that 4% wouldn’t be a bad number.…

Weekly FX Recap: Profit Made [+70 pips] on the USDCHF as USD Sellers Take Control | 📊 Ross Mullins

💡Ross Mullins, Head of Trading at Market Traders Daily, delivered another critical winning trade on the USDCHF pair to his YouTube audience and Trade Room followers. He has lately dedicated hours and hours of analysis to highlight how relevant is the US Dollar Index (DXY) price action for retail and institutional traders. 💡On May 30th,…

US-China Trader Wars…What about the US Dollar pullback ‘NO’ one talks about | 💡 DXY

💡The media has been flooded non-stop with the US-China ‘trade talks’ later more headlines about Theresa May’s resignation, then how Uber failed investors (like we did not know about it), add Boeing covered stories and finally Trump’s impeachment rumors. But…what about the US Dollar pullback know one talks (care) about? Isn’t it a story that…

USDCAD: technical levels favor potential short trade [$4000] | 🐦Hawkeye Traders

💡In case you didn’t know, we use one of the most comprehensive technical tools on a daily basis for our technical analysis. I’m talking about tools from Hawkeye Traders which has several technical trading tools to measure volume and gauge trend direction. Market direction becomes much clearer when you add Hawkeye’s Volume indicator to your analysis…

Weekly FX Recap: Ending the Week on a High with USD 💵 Short Trades | 📊 Ross Mullins

💡Ross’ Weekly FX Recap explains the sell-off in the US Dollar Index and how it served as a catalyst to go short in two currency pairs: USDCHF and USDJPY. On both opened trades, Ross accumulated 54 pips total. We suggest you review the trading levels Ross discusses during this recap as those will help you this…