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Monthly archive April, 2014

Scalping the GBPNZD Breakout- Longs Favored Above 1.96

Talking Points GBPNZD breakout in question- scalp bias constructive above 1.96 Weekly opening range break to validate Major event risk on tap from New Zealand and UK into the April close GBPNZD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPNZD Makes outside-day push through Read More →

AUD/USD Risks Larger Reversal as Pair Threatens Trendline Support

Talking Points: - USDOLLAR Risks Further Losses on Another Failed Close Above 10,470 - AUD/USD Outlook Turning Increasingly Bearish as Pair Struggles to Retain Ascending Channel Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10474.21 10475.37 10440.51 0.10 114.38% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Another Close Read More →

USD/INR: Indian Rupee, Gold at Risk on a Return of USDollar Strength

usd/inr rises with the indian rupee on risk of usdollar strength.
Talking Points: -Seasonality studies favor USD strength, emerging market weakness in May. -Event risk this week, geopolitical tensions could be a turning point for the Read More →

Looking for the Best Strategy in Current Forex Market Conditions

- Forex volatility prices continue to trade near record-lows - Key economic events could shake major currencies from recent trading ranges - Our focus remains on buying low and selling high across US Dollar pairs With forex volatility so low how might we Read More →

EUR/AUD, EUR/NZD Liftoff Yet to Clear Pivotal Resistance

Talking Points: - EURAUD, EURNZD have made progress but not quite 'there' yet. - AUD-crosses looking less convincing generally. - Forex economic calendar takes another shot at US housing data Monday. To keep up with developments central banks and their policy changes, be sure Read More →

Palladium Eyes 2014 Highs, US Data To Spark Volatility For Commodities

Talking Points Gold and silver vulnerable near key levels as traders re-assess Ukrainian turmoil Crude exposed to souring investor sentiment with technicals suggesting further falls Top-tier US economic data spells the potential for breakouts in the commodities space The precious metals are edging higher Read More →