You are here:

My Forex Trading Forecast for the Week of January 18, 2016

My Forex Trading Forecast for the Week of January 18, 2016

Global markets continue to have a reality check with growth concerns spreading to the U.S. and calling into question the Fed's forecast for four rate hikes this year. It seems only a matter of time before the Fed has its reality check and falls closer into line with current market expectations. In the meanwhile, the focus remains on crude oil and equities to set the risk tone and this has created a tug-of-war for the dollar. In this week's forecast I put the current price action in perspective and show what it would take to squeeze EURUSD shorts. Watch CHina data on Tuesday and reaction to it. 

     

CONTACT ME to get a free one month access for Max McKegg's daily forex forecasts. Max does not give out free access but is making an exception for us.  Put Max in the subject box when you contact me.

 

Forex Trading Outlook for the Week of January 18, 2016

The message from the founder

Click Here

Review our featured articles

Click Here

The Latest Articles
  • Coping With Mixed Market Signals More ..
  • Growing Attention On The Slowing Global Economy More ..
  • ECB extends its Easy Money policy Until Mid-2020. U.S. Jobs data Weak. More ..
  • “Transitory” Replaces “Patience” The New Fed Keyword More ..
  • PMIs Can Be A key To Your Trading More ..