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Trading Insights

The Dollar Accelerates Through 78.00

This move has been one that has been setting up for some time: The U.S. Dollar Index’s slide through 78.00. The break through this psychological level confirmed the negativity of the dollar’s place in the world amidst a surging euro and worldwide equities risk appetite.

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Easy Range Setups on EUR/USD

For all of you Nostradamus types who thought my “Pick of Day” would be on that awesome surprise UK GDP inspired move on the British Pound…sorry but that’d be too easy. Plus Huck’s got a trade idea on Cable, so I’ll let her study that market with ya. For today I’ll study EUR/USD’s price action and setups we could catch in the future.

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Experience is what you get when you don't get what you want.Dan Stanford