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DailyFX News

Lack of Conviction Better for USDJPY Scalp than EURUSD Trends

2011-09-29 Episode Archive
About this series: DailyFX, the free news and research website of leading forex and CFD broker, FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. www.DailyFX.com Risk Disclaimer: http://www.dailyfx.com/page/risk_warning.html
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About this episode
Though the FX and capital markets would cover a lot of ground on an intraday basis Thursday; a larger trend would once again elude us. Heading into ...
Though the FX and capital markets would cover a lot of ground on an intraday basis Thursday; a larger trend would once again elude us. Heading into the final 24 hours of trading, the probability of a strong breakout (much less trend development) is low. THis is especially true with the heavy event risk scheduled next week. As such, we prep for longer-term setups and look for short-term opportunities that are available now. Less
16:21 News & Politics
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