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Scalping the AUDNZD Rebound- Key Resistance 1.09

Talking Points AUDNZD responds to key support range Scalps target near-term recovery /short entries higher Event risk on tap next week AUD/NZD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDNZD responds to key support region ~ 1.0760- bullish invalidation Long scalps in play- short entries higher Read More →

USD/CAD Risks Larger Correction on Hawkish BoC- Bearish RSI in Focus

Talking Points: - Bullish USD/CAD Outlook Vulnerable to Hawkish Bank of Canada (BoC). - NZD/USD to Face Range-Bounce Prices Amid Failed Attempts to Close Below 0.7800. - USDOLLAR Benefits From Upbeat Data- RSI Continues to Flirt With Overbought Territory. For more updates, sign up Read More →

December Forex Seasonality Sees USD Strength into Year End

Talking Points: - December has been a bullish month for the USDOLLAR Index for three straight years. - The Japanese Yen typically has suffered in December during the QE era. - S&P 500 in midst of bullish stretch (September to April) and Q4 Read More →

EUR/USD Nears Week Long Range Break; JPY-crosses Continue Rune

Talking Points: - EURUSD H4 MACD nears sell point below signal line. - JPY-crosses see broad continuation in BoJ-inspired trend. - See the 'high' importance events on the DailyFX Economic Calendar. Event risk is at its lowest point of the week on Tuesday, but Read More →

Pound May Rise on PMI Data, Aussie Gains as RBA Dents Rate Cut Bets

Talking Points: Australian Dollar Gains as RBA Talks Down Interest Rate Cut Speculation British Pound May Rise as If Upbeat PMI Print Fuels BOE Rate Hike Bets See Economic Releases Directly on Your Charts with the DailyFX News App The Australian Dollar outperformed in Read More →

Australian Dollar Hits 4 Year Low on High Volume Before RBA

Talking Points: Dollar Drops as Commodities Rebound and Equities Slide Australian Dollar Hits 4 Year Low on High Volume Before RBA Swiss Franc: EURCHF Doesn’t Rally Far After ‘No’ Vote on Gold Dollar Drops as Commodities Rebound and Equities Slide In a day scarred by Read More →