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FTSE 100 downside bias; EUR/USD strength likely; USD/JPY – risk-off and central bank action...

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Brenda Kelly , Head Analyst for London Capital Group, joined today’s Tip TV Finance show to discuss three markets – the EUR/USD, FTSE and USD/JPY. Key points: EUR/USD: Fed rate hike expectations and the clipping of USD net longs suggests that EUR/USD risks a move higher than lower FTSE: The outlook remains bearish, expect some oil related choppiness USD/JPY: Looks to push higher, but outlook depends on the risk-off developments ahead and BoJ’s stance on further policy easing

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