Weekly outlook for Majors

General Market Comments Last week we saw an extreme move in the Dollar breaking down below support and making both recent and all time lows against many currencies. We did not expect the extreme nature of this move and believe that at least ¼ of last weeks move is overdone in the near term. We…

Trading Opportunity Tonight

TRADING OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Retail Sales is released at 7:30pm EST.  Your focus should be on the AUD Retail Sales (MoM) figure, which is expected to be 0.5%. We have placed a safe trigger of 0.4% for this release.  We have historically seen moves of around…