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Monthly archive March, 2016

As Q1’16 Draws to a Close, Risks Remain Ahead for EUR, USD

Talking Points: - EUR/USD may be ready to breakout back towards its August highs. - AUD/USD, NZD/USD, USD/CAD continue to firm at key junctures. - As USD slips, retail crowd positioning is beginning to turn as well. It's the end of the first quarter Read More →

Gold Price Slips on Solid US Data, Oil Inventory at Record High

Talking Points: Gold price hit one-month low after signs of renewed strength in U.S. labor market Oil price fell below $38 as crude inventories remained at a record high Copper price fell for a fifth day as market expected another weak China Manufacturing Read More →

USDOLLAR at Cross Roads Heading Into 2Q- Initial Support 11970

Talking Points USDOLLAR posts outside reversal candle off confluence resistance Immediate focus is on break of 11970-12030 range Updated targets & invalidation levels USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: The Dow Jones FXCM U.S. Dollar Index (Ticker: USDOLLAR) is attempting to mark Read More →

Retail FX Remains Net-Short EUR/USD Ahead of Euro-Zone CPI

Talking Points: - Retail FX Remains Net-Short EUR/USD Ahead of Euro-Zone CPI. - USDOLLAR Struggles Amid Mixed Data; Fed Chair Janet Yellen on Tap. Avoid the pitfalls of trading by steering clear of classic mistakes. Review these principles in the "Traits of Successful Read More →

Second Quarter Outlook for Dollar, Euro, Yen, Oil, Gold and Shares

A rebound in risk appetite, falter in the Dollar and push to extreme dovish monetary policy defined the close of the past quarter. What does the second quarter hold for the benchmarks of the FX, capital and commodity markets? US Dollar Read More →

Oil Price Optimism May Be Short-Lived

See how retail traders are positioning in the majors using the FXCM SSI readings on DailyFX's sentiment page Oil has stayed resilient during the past few weeks, despite occasional risk-off sentiment. Crude prices rose to their highest in three months in Read More →