EURUSD and EURGBP Offer Immediate Trade Potential Next Week

The week, month and quarter close brought a surprise drop in risky assets and the euro. In fact, for EURUSD and EURGBP, the last-minute drop positioned both pairs on the verge of major breakouts. Was this just an end-of-the quarter position squaring that will lead to a bounce come Monday? Or perhaps there was a more elemental shift in sentiment behind this move? With incredible trade setups and heavy event risk on tap, next week is potentially shaping up to be one of the best trading weeks of the year.

More episodes of DailyFX News

Featured episodes in News & Politics

DailyFX News

DailyFX, the free news and research website of leading forex and CFD broker, FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. www.DailyFX.com Risk Disclaimer: http://www.dailyfx.com/page/risk_warning.html