Monthly archive May, 2014

Talking Points: Dollar Rallies as 10 Year Yield Tumbles British Pound Tumbles Versus Majors as Rate Outlook Slumps Euro: Does ECB’s Warning of Bubble Risk Extend to EZ Periphery Markets? Dollar Rallies as 10 Year Yield Tumbles The Dow Jones FXCM Dollar Index (ticker = Read More →

Talking Points AUDNZD testing topside of 2014 consolidation pattern Weekly opening range bullish Limited event risk into the close of May AUDNZD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDNZD testing key 2014 resistance 1.0882- 1.0906 Breach targets resistance objectives at 1.0946, 1.0985 & 1.1027/35 Key Read More →

Talking Points: - USDOLLAR Bullish RSI Momentum at Risk as 1Q GDP Contracts - AUD/NZD Resistance in Focus Ahead of RBA Interest Rate Decision - Oil Carves Triple Top- Downside Favored on Commodity Weakness The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) continues to Read More →

Talking Points: - GBPUSD breaks through trendline from October 2013, February 2014 lows. - Low volatility portends to ranges; will respect recent pivot near 1.6730. - Forex economic calendar littered with US event risk next few days. The British Pound has been one of Read More →

Talking Points: Swiss Franc Unlikely to Find Strength in Upbeat 1Q GDP Report Euro Sellers to be Undeterred by Drop in German Unemployment NZ Dollar Drops as Business Confidence Slump Erodes RBNZ Bets Switzerland’s GDP figures are expected to show output grew 0.6 percent Read More →