Monthly archive June, 2014

Fundamental Forecast for Australian Dollar:Bearish Status-Quo RBA Policy Announcement May Weigh on Aussie Dollar Upbeat US Data May Amplify Decline in the Aussie’s Yield Advantage Help Identify Critical Read More →

Fundamental Forecast for Japanese Yen: Neutral Japanese Yen tests critical resistance level versus US Dollar Key issue remains: is inflation low enough for Read More →

Talking Points: - USDOLLAR Slips to Fresh Monthly Low; Bearish Setup Remain Intact Ahead of NFP - USD/JPY Extends Decline as Bearish RSI Break Takes Shape - EUR/AUD in Focus Ahead of RBA & ECB Policy Meetings Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Read More →

- Forex rollover charges in Euro pairs have surged since yesterday - We saw a similar dynamic last month and into the end of the first quarter - Traders should be wary of holding Euro short positions into the close Why are Rollover Read More →

Talking Points: - USDJPY sitting at January-June range support at 101.30. - EURJPY maintains post-May ECB meeting downtrend. - See the DailyFX Economic Calendar for Friday, June 27, 2014. Japan faces a minor* impediment right now, which is that core inflation is above the Read More →