Comments on: Enter the FX market’s ‘Period of Pain’ https://fxww.com/enter-fx-markets-period-pain/ The Professional Source Wed, 10 Dec 2014 10:30:55 +0000 hourly 1 By: Brijesh https://fxww.com/enter-fx-markets-period-pain/#comment-124537 Wed, 10 Dec 2014 10:30:55 +0000 http://381c099c8f.nxcli.net/?p=14416#comment-124537 Totally agree with you. We have about few days (hardly 5-6) of good liquidity left to trade. Lots of positions needs to squared and booked. Its good to stay on sidelines.

]]> By: James https://fxww.com/enter-fx-markets-period-pain/#comment-124482 Tue, 09 Dec 2014 22:18:59 +0000 http://381c099c8f.nxcli.net/?p=14416#comment-124482 AUD/USD has reached the USD$0.82 handle and may have satisfied the capitulation low (though another dip to just under the figure is quite possible). Also the one way traffic in USD longs is also at an extreme. I believe we may have seen or are very close to seeing a corrective low in the AUD/USD and that new highs (above USD$1.10) in 2015 could be on.

Gold closing above USD$1210 at year’s end will be telling if the scramble to own USDs is coming to an end.

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