Monthly archive July, 2014

Talking Points Gold and silver vulnerable as traders look past geopolitical tensions Crude oil faces volatility with US inventories data ahead Palladium plunges as Russian supply disruption fears ease WTI is edging higher in late Asian trading with the commodity potentially set for a Read More →

- U.S. Consumer Price Index to Hold at 2.1% for Second Month. - Core Inflation to Retain Fastest Pace of Growth Since October 2012. Trading the News: U.S. Consumer Price Index (CPI) The U.S. Consumer Price Index (CPI) may spur a bullish reaction Read More →

Talking Points GBPJPY reversal risk high above key support Weekly opening range in focus- break to validate scalp bias Event Risk on tap this week from Japan and UK GBPJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY at key inflection/support zone 172.44/60- bullish Read More →

Talking Points: - AUD/USD Range in Focus Ahead of RBA Governor Stevens, 2Q Inflation Report - NZD/USD Gaps Higher Ahead of Reserve Bank of New Zealand (RBNZ) Meeting - USDOLLAR Continues to Threaten 10,440 Ahead of U.S. Consumer Price Index (CPI) Index Last High Low Daily Change (%) Daily Read More →

Talking Points: - EURUSD below July 2012-July 2013 TL, needs below 1.3475. - GBPCAD and USDCAD still both point to breakouts higher. - Reminder that July forex seasonals in QE era work against USD. It's admittedly another quiet start to the trading week, with Read More →