Menu

Monthly archive January, 2014

US Dollar to Test Fresh Highs on Critical Week for Financial Markets

US_Dollar_to_Test_Fresh_Highs_on_Critical_Week_for_Financial_Markets_body_Picture_5.png, US Dollar to Test Fresh Highs on Critical Week for Financial Markets
Fundamental Forecast for US Dollar: Bullish Dollar breaks higher versus Euro, 3 key factors favor further strength Dow Jones FXCM Dollar Index responds Read More →

Gold Responds to Key Resistance Ahead of NFPs- Bearish Below $1270

Gold_Responds_to_Key_Resistance_Ahead_of_NFPs-_Bearish_Below_1270_body_Picture_5.png, Gold Responds to Key Resistance Ahead of NFPs- Bearish Below $1270
Fundamental Forecast for Gold:Bearish FOMC Setups - EUR, CAD, Gold Eye Key Dollar Inflection Points Gold at Risk of Failed Breakout; 1231 is Significant Sign Read More →

Graphic Rewind: Dollar Closing the Week Higher Following Cut to QE

Talking Points: US Dollar closing the week higher following the taper announcement Euro-zone inflation miss doesn’t disturb dollar traders A look back at the past week of Forex trading using movements in the US Dollar Index: US Dollar 1-Hour 17:00 01/26 to 12:00 01/31 Read More →

USDOLLAR Longs Favored Ahead of NFP- AUD at Risk for Fresh Lows

Talking Points: - USDOLLAR to Target Higher High in February; NFP to Grow 185K in January - Australian Dollar Searching for Support Ahead of RBA Meeting Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10720.99 10725.14 10688.94 0.24 87.38% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Higher Low Read More →

Confidence Deteriorating as AUD/USD, AUD/JPY and USD/JPY Test Support

Talking Points: - AUDUSD and AUDJPY start to break through consolidation support. - USDJPY still at risk for decline into ¥101.50. - Emerging market currencies back under pressure. To keep up with the emerging market turmoil, be sure to sign up for my distribution Read More →

Forex: Euro at Risk of Deeper Losses if CPI Data Drives ECB Easing Bets

Talking Points: Euro May See Added Selling Pressure if Eurozone CPI Falls Short of Forecasts US Dollar Looks Toward Pickup in UofM Consumer Confidence to Fuel Gains Yen Gains, Commodity Dollars Decline as Risk Aversion Sweeps Asian Markets The preliminary set of January’s Eurozone Read More →