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Monthly archive March, 2014

AUD/USD to Target Fresh Highs on Upbeat RBA- Former Support in Focus

- Reserve Bank of Australia (RBA) to Keep Benchmark Rate at 2.50% - RBA to Retain Current Policy for the Sixth Consecutive Meeting Trading the News: Reserve Bank of Australia Interest Rate Decision The Reserve Bank of Australia (RBA) interest rate decision may Read More →

AUD/USD Limited by Former Support Ahead of RBA- Fresh High on Tap?

Talking Points: - USDOLLAR Struggles as Fed Chair Janet Yellen Preserves Dovish Tone - AUD/USD Retains Bullish Trend Ahead of RBA- Policy Statement in Focus Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10513.83 10541.33 10506.78 -0.10 89.40% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Still Searching for Read More →

Economic Calendar News – Eurozone CPI, ECB Press Conference and NFPs

Economic Calendar Weekly Outlook
Talking Points: European Central Bank President Draghi Holds a Press Conference After Rate Decision. Labor Market Data for Eurozone, Canada, and United States. Forex Markets Face Perfect Storm of Critical Event Risk Ahead. For Read More →

Dollar Lining up for Major Moves as key Factors Favor Reversal

- US Dollar at major cyclical turning point, is strength ahead? - A spike in forex volatility prices favors bigger moves in the days to come - We’ll keep a close eye on the Dollar Index in particular as it bounces off Read More →

EUR/AUD, EUR/USD Rebounds May Offer Selling Opportunites

Talking Points: - Euro-Zone CPI at lowest in over four years (0.5% y/y). - Euro rallies regardless - EURAUD and EURUSD still bearish? - Economic calendar is stuffed on Monday across the globe. To keep up with developments central banks and their policy changes, Read More →

Copper Breaks Above $3.00 Handle, Strong US Data To Extend Oil’s Gains

Talking Points WTI may continue its run on better-than-anticipated US economic data Gold vulnerable to further declines on stronger greenback Short squeeze may help fuel copper’s climb back above the $3.00 handle A raft of top-tier US economic data due this week may fuel Read More →