Sign up for our Free Weekly Forex Strategy...

Forex - Psychology/Strategy for major markets today


 19:40 (GMT) 15 Feb

  [Forex Strategy]

Sample Premium Content
Psychology/Strategy for major markets today (0100-LHBX-C01)

EUR/USD - Finished close to session highs despite the punchy set of US data. We may have to tread water now all the way into February payrolls - if the shorts have the patience.

USD/JPY - ran out of steam at 114.95 and that is likely to have left some frustrated exporters holding USD. End of month is still a long way off but we might see some offers stepped back down to 114.50 now.

EUR/GBP, GBP/USD - Softer than expected earnings data saw another step lower for Cable while the big drop in the claimant count is put under a cloud by the ONS. Cable duly bounced with EUR/USD but looks a quicker way to riches than short EUR/USD when (if?) the USD heads higher again.

DJIA and S&P - O/B posture not stopping the dash for higher levels at present. 2350 projection the next on S&P.

T.Bond - USTs find some capping at big figure yield levels, keeping current action ambiguous. Futures toy with key trendline support levels too.


CurrenciesCountriesMarket Bulletins