Daily Video - 10.25.11

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Scenarios: EURUSD Lags, AUDUSD Rallies, EURJPY Offers Scalping The FX and capital markets left us with a cliff hanger Friday. Many risk-sensitive assets were on the verge of meanignful technical breaks to support a 'risk on' run. With expectations riding high to start the speculatively- and fundamentally-stacked week; we were ultimately let down with Monday's performance. While a few more key pairs marked breakouts of their own (including AUDUSD); there was a tangible lack of momentum and conviction to the shift. This should encourage us to remain skeptical and trade cautiously. Most importantly of all, it is important to have trade setups ready should the market fortify its beleifs - regardless of what direction that entails...   Watch the Video Here Best regards, DailyFX Research Team research@dailyfx.com DailyFX Home | research@dailyfx.com | Contact US ©2009 DailyFX. All Rights Reserved. Forex Capital Markets, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. Forex Capital Markets, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Capital Markets, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.

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