Forex Strategy Outlook: Momentum Trading Signals Remain Attractive

Our forex trading signals remain attractive on the recent US Dollar trends, but real risks of a USD rebound threaten the viability of key trades. We see that our trend-based strategies have done very well on the breakdown in the US currency. Typically these momentum trading signals catch big moves in their infancy, but they are susceptible to periods of underperformance through low-volatility range trading environments. We remain on the lookout for a US Dollar pullback, but risk-reward arguably favors playing the USD to the short side through the near-term.Full Article