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What UBS expects from the forex market next

Discussion in 'Market News' started by ForexLive, Jan 14, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Five trade ideas from UBS The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/CHF, GBP/USD, AUD/USD, and NZD/USD. : is holding the familiar levels. We prefer to keep it tight and play the intraday moves. The pair is still holding the lows from the last US NFP day after testing that level on Wednesday. We expect sellers to show up on any move above 1.0950. EURUSD should eventually head lower but for now range play remains strong. We have seen decent buying interest this week but rather limited reaction.

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