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Jim Wyckoff

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Euro Currency Pops as FOREX Market Heats Up

January 26, 2018 by Jim Wyckoff

The currency markets have really heated up in early 2018, with any currencies in strong uptrends, while the U.S. dollar index is in a strong downtrend. History shows that trends in the currency markets tend to be stronger and longer-lasting than price trends in other markets. See on the daily bar chart for the March Euro currency futures that prices are in an accelerating uptrend and have just hit a more-than-three-year high. Euro bulls and other foreign currency bulls are fired up and looking for more price upside in the coming weeks, or longer. Stay tuned!–Jim

Filed Under: Blog News

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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