DailyFX TV: Forex Trading News and Analysis
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The retail FX crowd appears to be fading the near-term selloff in GBP/USD as positioning moves back towards recent extremes.
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/10/USDJPY-Oversold-Retail-FX-Remains-Net-Long-Following-Yellen.html USD/JPY stands at risk for a further decline as the pair continues to carve a bearish pattern, while the RSI appears to be pushing into oversold territory.
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https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/02/08/EURUSD-Retail-FX-Remains-Net-Short-Despite-Bullish-Breakout.html Despite the deviating paths for monetary policy, EUR/USD may face a larger recovery as it breaks out of a bearish formation carried over from the end of 2014.