Most Viewed Webinars July 7th - 13th…

Bank of America Merrill Lynch - "€/$: We are bearish and short. The impulsive, intra-day decline from the Jul-01 high at 1.3701 says the medium, potentially long term, bear trend is resuming after a 2 month hiatus. Initial targets are seen to 1.3212 (swing target) ahead of 1.3104 and then the 1.2777/1.2685 zone and eventually below. Our bearish view would prove incorrect on a move above the 1.3701, Jul-01 high."

Westpac - "Short 1 month USD/MYR at 3.2150. stop at 3.2405, target 3.1600
Short USD/CNH spot at 6.2310, stop at 6.2420, target 6.2000
Short SGD/MYR at 2.5650, stop at 2.5875, target 2.5200
Long USD/IDR 1 month at 11810, stop low 11700, target 12250"

TD Securities - "Thin conditions through the month, quarter and half year-end have helped produce a pop higher in EURUSD in today’s session to test a band of resistance in the upper 1.36 area—1.39 double top breakdown point (April low), early June high, top of the June channel, 40 & 200-day MAs and 38.2% retracement resistance from the 1.39/1.35 drop. Trend momentum studies do not show a lot of directional intent on the daily and weekly charts at the moment. That suggests it may be…

Most Viewed Webinars June 16th - 22nd

#1 Giuseppe Basile, CMT - MONTHLY WEBINAR - Part I: Thinking and trading like modern algos

#2 Jay Norris - …

Goldman Sachs - "We have maintained our EUR/USD forecast at 1.38, 1.34 and 1.30 in 3, 6 and 12 months. Our shift to a more bearish view of the Euro was motivated by ECB commentary which telegraphed that easing was possible given persistently low inflation prints. Easing was subsequently delivered at the June meeting which included a deposit rate cut, fixed- rate TLTRO operations and ending the SMP drain. In addition, the inflation forecast for 2016 was revised down from 1.5% to 1.4%. The…

Westpac - "trades to think about for the coming 1-2 weeks:
Add to short 1 mth USD/CNH at 6.2550, stop 6.2795, target 6.1900
Short 1 mth USD/MYR at 3.2400, stop 3.2650, target 3.1800
Short 1 month USD/PHP at 44.05, stop 44.30, target 43.30
Long 1 mth USD/IDR at 11950, stop 11810, target 12300
Long USD/SGD at 1.2475, stop 1.2395, target 1.2650"

Most Viewed Webinars June 9th - 15th

#1 Sam Seiden - Predicting Major Trend Changes in The FX Market

#2 Kathy Lien - …

MONTHLY WEBINAR - Part I: Thinking and trading like modern algos with Giuseppe Basile, CMT

When: Thu, Jun 19 2014 13:00 GMT

Duration: 1 h, 30 min

Moderator: Adinda Firdaus

Participants: 82 pre-registered participants…

Societé Generale - "TRADE RECOMMENDATIONS:

1. L ong USD, NOK and GBP vs CHF , SEK and EUR

2 . Keep short EUR/GBP to 0.78

3 . Mind the cable turning point – Buy GBP/USD 3M put strike 1.69 KO 1.7150

4 . Buy EUR/USD volatility vs EUR/GBP and cable vols

5 . Stay long NOK/SEK target 1.20 (and long USD/SEK)

6 . Long AUD/NZD at 1.05 - 1.06

7 . Sell AUD/USD for China structural slowdown trade

8 . Long USD/CAD target 1.15

9 . Contrarian hedge: Buy USD/JPY…

Most Viewed Webinars June 2nd to 8th 2014

#1 Wayne McDonell - SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 97th Edition

#2 Sam Seiden - Fresh Levels and Profit Zones

#3 Yohay Elam - …

Deutsche Bank - "Assuming the floor stays in place there are three possibilities:

1. Nothing. EUR/CHF is close to unchanged since the market started pricing more ECB easing. With the Swiss real estate market frothy and ongoing concerns around excessive mortgage lending, it is unclear whether more domestic easing will help fix what is largely imported disinflationary pressure.

2. Follow the ECB. The problem with doing nothing is that the market is already pricing a rate cut. This…

#1 Robert Kelley - …

Bank of America Merrill Lynch - "We believe the ECB will strive to demonstrate that it can do more than cut rates but will stop short of QE, as there is no consensus over the tools to fight low inflation:

1. We believe the ECB will cut the refi and the deposit rate to +10bp and -10bp max, respectively, with a view to capping the exchange rate appreciation. We expect the ECB to announce a plan to support credit, a term funding scheme that would differ from the previous LTROs in four…

UBS - "The European Central Bank will be the focus in the week ahead, eclipsing the Bank of England, Reserve Bank of Australia and Bank of Canada policy decisions and America's ISM and payrolls releases. The risk of the ECB pursuing negative interest rates or expanding its balance sheet is set to keep the euro trading heavily into the Governing Council meeting. But the franc may incur more volatility in June if the Swiss National Bank matches any ECB decision to cut deposit rates below zero.…

#1 Robert Kelley - …

UBS - "In the week ahead, US April core PCE inflation will show whether the Federal Reserve needs to consider earlier tightening. In contrast, Japan's national CPI release will test the Bank of Japan's resolve to keep its current pace of quantitative easing unchanged and Eurozone M3 money supply is likely to show credit growth remaining too subdued to revive inflation quickly in the Eurozone. The dollar is set to keep gaining as the Federal Reserve tapers its balance sheet expansion while…

Royal Bank of Scotland - "Our strategy is to look for a buying opportunity in USD/JPY. In the current environment, it may mean waiting for 100, the 61.8% retracement of the rise from the previous low in October last year before it rallied to its peak above 105 around the turn into this year. However, we would be watching closely to see if it looks to be holding the low this year in Feb near 100.75. Perhaps the strategy is to look for supports to hold and signs of it breaking its recent…

May 12th - 18th…

Hi everyone

Remember that to follow news about FXStreet my blog has been moved to the corporative site of FXStreet.com and I will keep posting here info about the Forex market.

Enjoy your trading day!

Francesc

FXStreet Network Key Metrics April 2014 – Mixed Data Once Again

The fall in volatility and the lack of trend in the…