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Gold Climbs As USD Dips, Crude Oil Resumes Descent On Supply Swell

Talking Points Crude Oil Slumps As Negative Fundamental Cues Endure Copper Climbs As China Imports Jump To A Record High Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast The precious metals were lifted by broad-based US Dollar weakness during trading on Monday. Read More →

EURAUD Scalps Target 1.46- Breakout Levels Well Defined

Talking Points EURAUD responds to key resistance 1.4577- 1.4601 Scalp bias constructive above 1.4345 Event risk on tap this week EUR/AUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD rebounds off key resistance 1.4577-1.4601- bearish invalidation level Breach targets objectives at the Andrew’s Pitchfork bisector Read More →

USD/JPY Sub-107.00 Targets Favored on Bearish RSI Momentum

Talking Points: - USD/JPY Extends Decline as Risk Sentiment wanes; SSI Flips for First Time Since August. - AUD/USD Holds Monthly Opening Range; Looking for Lower-High Amid Bearish RSI Momentum. - USDOLLAR to Face More Fed Rhetoric; Retail Sales & Beige Book to Read More →

Caution Advised as this Week Could Bring Major FX Volatility

- Quiet week for economic event risk, but big moves ahead for Japanese Yen - A larger decline in the US S&P 500 seems possible, could bring important FX volatility - We favor the Breakout2 strategy across JPY crosses and some USD Read More →

EUR-Crosses Trading Plan for the Week Ahead

Talking Points: - EURJPY by far weakest looking EUR-pair. - EURAUD may be flagging; EURGBP, EURUSD test downtrends. - Euro Rebounds Prove Shallow as Euro-Zone Sits on Cusp of Recession The Euro has been besieged by market forces over the last three months, but Read More →

US Dollar Under Fire as Fed Officials Downplay Rate Hike Prospects

Talking Points: US Dollar Under Fire as Fed Officials Downplay Interest Rate Hike Outlook Aussie and NZ Dollars, S&P 500 Futures Send Mixed Signals on Risk Trends See Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar underperformed in Read More →