Monthly archive October, 2013

Talking Points NZDUSD reverses off multi-year TL Near-term price action and RSI divergence shifts focus lower Bearish below 8460- Short scalp conviction below 8300 AUDJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDJPY reversed off key resistance early this month at 95.67/94 Advance off the Read More →

Talking Points: - USDOLLAR Rebound Gathers Pace on Less-Dovish Federal Open Market Committee (FOMC) - Bullish Euro Momentum Wanes Amid Growing Threats of Deflation Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10494.83 10504.92 10470.09 0.14 72.00% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Retains Bearish Trend from Read More →

Talking Points: - The European currencies remain marginally weaker against USD post-FOMC. - Light calendar for both Euro, Pound offer little for data-driven reversals. - Euro-Zone Unemployment Rate back at all-time high. To keep up with the European data and news as the week Read More →

Talking Points Japanese Yen Outperformed as Risk Appetite Floured on FOMC Outcome in Asia Euro May Decline if Flash CPI Print Disappoints, Driving ECB Easing Outlook US Dollar May Extend Gains as Jobless Claims Data Informs Fed “Taper” Bets Get Real-Time Feedback on Your Read More →

Talking Points: Dollar Gains Post FOMC but Trend Not Yet Set Until S&P 500 Collapses Japanese Yen Crosses Take in Risk, Ready for BoJ Decision Euro Survives Spain GDP, Germany Jobs Data but More Ahead Dollar Gains Post FOMC but Trend Not Yet Set Read More →