Euro Tumbles, Dollar Rallies and Equities Clear Resistance after ECB

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• Euro Tumbles, Dollar Rallies and Equities Clear Resistance after ECB
• ECB’s Stimulus Comments Fueled More Than Euro Swings
• US Dollar Impacted Firms’ Earnings amid Varying Growth in Sales
• USDCAD Risks Reversal Below 1.3150 on Canadian CPI
• GBP/JPY Technical Analysis: Still Confined to the Bear Flag
• USDOLLAR 6 Days Up; First Time Since 5/29 and 6/1
• Crude Break or Fake?
• Gold 1155 is Really Important to the Near Term Bullish Case
• USD/CHF Screams Towards 7 Month Trendline
• USD/CAD 55 Day Average; Recent Support Turned Resistance
• USD/JPY Rallies for 6th Consecutive Day
• NZD/USD Pullback Finds Support at Former High
• AUD/USD Drifts Lower from Long Held Angle of Influence
• GBP/USD Outside Day Could Trigger Directional Move
• EUR/USD Collapses into 200 Day Average
• USD/CHF Technical Analysis: Franc Taking a Ride on Draghi’s Tone
• GBP/USD Risks Further Losses as Bearish Outside-Day Takes Shape
• GBPNZD Approaches Monthly Lows
• Price & Time: EUR/USD – The Real Deal?
• ECB to Re-Examine QE, but Will Traders Wait to Sell EUR/USD?
• EUR/USD Tanks as ECB Signals Willingness to Expand Easing Measures
• Euro Stagnant After Unchanged Rates; Market Waits for Draghi
• Trade Setups in EUR-crosses and Preview for ECB Meeting
• EUR/USD Plagued by Dovish ECB Bets- Will Draghi Buy More Time?
• Euro Traders Bet on Weakness Before ECB Rate Decision

Euro Tumbles, Dollar Rallies and Equities Clear Resistance after ECB Posted: 22 Oct 2015 06:57 PM PDT After China's 3Q GDP reading failed to generate heat Monday, it seemed that the market was destined to idle and consolidate until next week's fireworks.

ECB’s Stimulus Comments Fueled More Than Euro Swings Posted: 22 Oct 2015 05:56 PM PDT ECB President Mario Draghi's remarks on the possibility of more stimulus before year's end carries an obvious impact for the Euro.

US Dollar Impacted Firms’ Earnings amid Varying Growth in Sales Posted: 22 Oct 2015 04:54 PM PDT Today’s earnings releases included updated from 3M, Microsoft, Alphabet, and Amazon. And, all four companies mentioned the effects a strong dollar had on their third-quarter revenue.

USDCAD Risks Reversal Below 1.3150 on Canadian CPI Posted: 22 Oct 2015 12:42 PM PDT USDCAD responded to near-term resistance today ahead of key CASD inflation data. Here are the updated targets & invalidation levels that matter heading into the close of the week.

GBP/JPY Technical Analysis: Still Confined to the Bear Flag Posted: 22 Oct 2015 12:36 PM PDT In our last article, we looked at a confluent zone of Fibonacci resistance that was offering a near-term topping formation in GBP/JPY. And within 24 hours, both profit targets were cleared as a disappointing inflation report out of the UK sent prices spiraling lower as rate hike expectations were quickly diminished as the British economy became the most recent to go into ‘deflation.’ The two provided targets were at 182.50 (a major psychological level as well as a recent price action swing-low), and then 181.88 (the 50% Fibonacci retracement of the most recent major move in the pair, taking the October 2014 low to the 2015 high).

USDOLLAR 6 Days Up; First Time Since 5/29 and 6/1 Posted: 22 Oct 2015 12:16 PM PDT

Crude Break or Fake? Posted: 22 Oct 2015 12:16 PM PDT

Gold 1155 is Really Important to the Near Term Bullish Case Posted: 22 Oct 2015 12:16 PM PDT

USD/CHF Screams Towards 7 Month Trendline Posted: 22 Oct 2015 12:16 PM PDT

USD/CAD 55 Day Average; Recent Support Turned Resistance Posted: 22 Oct 2015 12:16 PM PDT

USD/JPY Rallies for 6th Consecutive Day Posted: 22 Oct 2015 12:16 PM PDT

NZD/USD Pullback Finds Support at Former High Posted: 22 Oct 2015 12:16 PM PDT

AUD/USD Drifts Lower from Long Held Angle of Influence Posted: 22 Oct 2015 12:16 PM PDT

GBP/USD Outside Day Could Trigger Directional Move Posted: 22 Oct 2015 12:16 PM PDT

EUR/USD Collapses into 200 Day Average Posted: 22 Oct 2015 12:16 PM PDT

USD/CHF Technical Analysis: Franc Taking a Ride on Draghi’s Tone Posted: 22 Oct 2015 11:40 AM PDT In our last article, we looked at a long position with the basis of confluent Fibonacci support at the .9500 region on USD/CHF. This was a big level, as we had two different longer-term Fibonacci levels within a five-pip range of a major psychological level.

GBP/USD Risks Further Losses as Bearish Outside-Day Takes Shape Posted: 22 Oct 2015 09:50 AM PDT GBP/USD stands at risk for a further decline ahead of the U.K. 3Q GDP report as the pair fails to hold near-term support and carves a bearish outside-day formation.

GBPNZD Approaches Monthly Lows Posted: 22 Oct 2015 09:15 AM PDT The GBPNZD has already declined as much as 1355 pips for the month of October. As the pair presses to new lows, traders will begin planning for the markets next breakout.

Price & Time: EUR/USD – The Real Deal? Posted: 22 Oct 2015 08:10 AM PDT Timing coming up for EUR/USD. The pair is facing now the 38% retracement level of Fibonacci from the March to August Movement.

ECB to Re-Examine QE, but Will Traders Wait to Sell EUR/USD? Posted: 22 Oct 2015 06:14 AM PDT The ECB announced that they'll re-examine QE ahead of the December meeting, and this may be enough to spark continuation of the Euro down-trend.

EUR/USD Tanks as ECB Signals Willingness to Expand Easing Measures Posted: 22 Oct 2015 06:10 AM PDT The European Central Bank’s rate decision today didn’t yield any substantive moves, but there was plenty of innuendo about what may be coming next.

Euro Stagnant After Unchanged Rates; Market Waits for Draghi Posted: 22 Oct 2015 05:09 AM PDT The Euro was little changed versus the US Dollar after the ECB kept rates unchanged

Trade Setups in EUR-crosses and Preview for ECB Meeting Posted: 22 Oct 2015 03:45 AM PDT EURUSD may see a more muted response today than other pairs like EURAUD, EURCAD, or EURGBP.

EUR/USD Plagued by Dovish ECB Bets- Will Draghi Buy More Time? Posted: 22 Oct 2015 01:00 AM PDT Despite bets for an extension/expansion of the ECB’s QE program, more of the same from President Mario Draghi may trigger a near-term advance in EUR/USD.

Euro Traders Bet on Weakness Before ECB Rate Decision Posted: 22 Oct 2015 12:48 AM PDT Euro traders are positioned for weakness in the single currency before an ECB monetary policy announcement, implying a dovish turn ahead.

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