The Euro is the most heavily traded currency in the world. It is traded directly against the US dollar #EURUSD and against other major and minor currencies.
The major crosses in Forex are the Euro crosses: #EURJPY #EURGBP #EURCHF & EURAUD. On the CME the Euro futures symbol is 6e and traded with weekly through to quarterly expiration.
The Euro represents trade flows with Europe, capital flows, Geopolitical factors and speculative flows.
Euro Futures Pennant break Feb 11 2016
Update on the Euro pennant break after Fib holding, clear impulse with work at 61.8% only. Technically clinical.
Euro Pennant Consolidation Jan 19, 2016
The Euro after retracing the sell off from the December Federal Reserve Raise in interest rates by 25 bps has been trading in a pennant within the daily cloud. Note the 2 spits at the 61.8% Fibonacci retrace.
Australian Dollar Trend
Australian Dollar Forex Futures Analysis. The Australian dollar is the premier commodity currency. The Australian dollar v's the US dollar #AUDUSD is the 5th heaviest traded currency in the world. The Australian dollar v's the Japanese Yen #AUDJPY is the major indicator of trade and risk is the Asian region.
On the CME Australian dollar futures are traded under the symbol 6A in weekly through quarterly expiration.
Australian Dollar Wave 4 Break
Australian Dollar March Futures equiv 2 month forward clear break off ABC under cloud
Swiss Franc Trend
Swiss Franc Pennant Break Jan 26 2016
Swiss Franc March Futures broke out of the daily pennant formed inside of the channel after spitting the upper line in early Jan. With SNB intervention prominent we use the immiediate extension possibilities.
British Pound Trend
British Pound Fib Extensions Jan 26 2016
The British Pound has fallen since August against the US dollar in three waves in a measured move after a classic 3 wave ichimoku poke. It accelerated once the channel broke to 161.8% and 261.8% confluence on Brexit on China worries. We have the wave (III) and (C) alternatives mapped
Japanese Yen Trend
Japanese Yen Fib reversal Feb 11 2016
The Long Yen trade explosion after the buy of Fib & Cloud confluence after the exhaustion sell retest after BOJ negative rates
Japanese Yen Compression Jan 26 2016
The Japanese Yen continues to compress against the US Dollar. Here on March Futures (inverse to Forex USDJPY) we see the 38% retrace after the Dec FOMC into the May 2015 wave retrace grid.T
Canadian Dollar Trend
Canadian Dollar Channel Jan 26 2016
After hitting record lows the Canadian dollar is trying to bounce, this move has been lockstep with the fall of Oil Prices to 2003 lows. The Fibs are from the recent wave 4 to wave 5 low. Alternative would be low is 3 of 5. Futures are inverse of #USDCAD
New Zealand Dollar Trend
New Zealand Dollar Fibs Jan 26 2016
The New Zealand dollar stalled at 38% of this down thrust. Clear channel since Sep low $USDNZD