Strategy Video: A Bigger Picture Look at EURUSD, GBPUSD and Others

By DailyFx | Updated August 11, 2014 AAA

DailyFX.com -

Talking Points:

• Multiple time frame analysis aims to better identify market opportunities and better entry points

• As volatility picks up and traders' focus intensifies, we look at some of majors' bigger picture

• Weekly and monthly pictures for pairs like EURUSD, GBPUSD, USDJPY and others offer unexpected views

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

When market activity increases - as it has these past few weeks - the tendency is for traders to intensify their focus and zoom in on short-term developments. However, it is precisely when underlying conditions shift that we should look at the bigger picture to better appreciate the opportunities before us. That may be a large technical pattern that can't be appreciated on a hourly chart, a correlation missed on a daily chart or even a fundamental theme that can only be seen over an extended period. In today's Strategy Video, we look at the higher time frames for EURUSD, GBPUSD, AUDUSD, USDJPY, VIX and more.

Sign up for John’s email distribution list, here.

Related Forex Analysis
  1. ECB may become compelled for a more radical approach - Rabobank
    Forex News

    ECB may become compelled for a more radical approach - Rabobank

  2. GBP/USD bulls stalled at 1.58 so far - FXStreet
    Forex News

    GBP/USD bulls stalled at 1.58 so far - FXStreet

  3. EUR/USD Technical Analysis: 8-Week Down Trend Challenged
    Forex News

    EUR/USD Technical Analysis: 8-Week Down Trend Challenged

  4. USD/JPY Technical Analysis: Support Now Below 117.00
    Forex News

    USD/JPY Technical Analysis: Support Now Below 117.00

  5. GBP/USD Technical Analysis: 1-Month Down Trend Broken
    Forex News

    GBP/USD Technical Analysis: 1-Month Down Trend Broken

Trading Center