Note: This section contains information in English only."The market is pricing in a non-trivial probability of a Fed rate cut over the next couple of months. The Fed is really boxed in now, so the market doesn't even begin to price in any real chance of hikes until mid-2017."
- BMO Capital Markets (based on Bloomberg)
Pair's Outlook
[ANNOUNCE]The European currency surged from 1.1023 to 1.1062 on Tuesday against the US Dollar, as the Euro is slowly recovering after the huge drop it experienced on the results of the UK referendum on EU membership.[/ANNOUNCE] At the moment, the currency exchange rate is fluctuating around the level of 1.1065, and it has already experienced volatility between the ranged of 1.1050 to 1.1080 today. The rate is most likely to struggle with the 200-day SMA at 1.1096.
Traders' Sentiment
SWFX traders have not changed their slightly bullish sentiment from yesterday, as 52% of all open positions are still short. In the meantime, short pending orders in the 100-pip range have increased from 56% to 66%.
Wed, 29 Jun 2016 07:32:43 GMT
Source: Dukascopy Bank SA
- BMO Capital Markets (based on Bloomberg)
Pair's Outlook
[ANNOUNCE]The European currency surged from 1.1023 to 1.1062 on Tuesday against the US Dollar, as the Euro is slowly recovering after the huge drop it experienced on the results of the UK referendum on EU membership.[/ANNOUNCE] At the moment, the currency exchange rate is fluctuating around the level of 1.1065, and it has already experienced volatility between the ranged of 1.1050 to 1.1080 today. The rate is most likely to struggle with the 200-day SMA at 1.1096.
Traders' Sentiment
SWFX traders have not changed their slightly bullish sentiment from yesterday, as 52% of all open positions are still short. In the meantime, short pending orders in the 100-pip range have increased from 56% to 66%.