| | Incredible Trade Potential in EURUSD and S&P 500 Divergence | The S&P 500 finally made the push to break the upper boundary of its two-month range. Alone, this move would suggest risk appetite will is driving higher; and a number of FX trade setups should now be in play. Yet, despite the benchmark equity index's advance; EURUSD, AUDUSD, USDJPY and other sensitive pairs have avoided the sentiment shift. Is this hesitation a sign that a jump in optimism was founded on improbable speculation of further Fed stimulus and a clean resolution to the Euro-area financial crisis; or is it a delay that the market will reconcile on Monday? Be prepared. Either scenario offers tremendous trade opportunity; and this activity level could finally stir something larger from recently congestive markets... | Best regards, DailyFX Research Team research@dailyfx.com | | | 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. | | | |