Fed On Hold Is Hammering Gold, Euro and Bond Shorts

With the volatility from Asia and Europe, all intermarket analysis signs point to the Fed on hold until the end of the year. Shorts in the euro, US bonds, and gold are scrambling as US interest rates are set to remain on hold until at least the end of the year. Using Elliott Wave and Fibonacci analysis we outline the ideal option strategy in the FXE to take advantage of the coming move.

Todd Gordon
President/Founder
TradingAnalysis.com

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