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Scalping the AUDCHF Reversal- 8360 Resistance in Focus

Talking Points AUDCHF outside reversal day / rebound off 2014 trendline support Weekly opening range breach takes pair into key inflection level Event risk on tap this week AUD/CHF Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDCHF responds to 2014 trendline support / outside Read More →

EUR/USD Downside Targets in Focus- Gold Eyes Key $1,179 Support

Talking Points: - EUR/USD Downside Targets in Focus Ahead of ECB Policy Meeting. - Gold Eyes Key $1,179 Support as Bearish RSI Momentum Remains in Play. - USDOLLAR Falls Back From Fresh Monthly-High Amid Mixed Data, Month-End Flows. For more updates, sign up for Read More →

USD/CAD Achieves C$1.1200 as Canadian GDP Falls Flat in July

Talking Points: - CanadianGDP came up short with a headline reading of +2.5% versus +2.8% expected. - Weak growth disappointing in context of surprising manufacturing data in July. - USDCAD trades above C$1.1200 for the first time since March 25. Canadian Gross Domestic Product Read More →

Euro May Be More Responsive to Positive vs. Negative Inflation Data

Talking Points: Euro to be More Sensitive to Positive vs. Negative Eurozone CPI Outcome Aussie, NZ Dollars Rise Alongside S&P 500 Futures as Risk Aversion Fades See Economic Releases Directly on Your Charts with the DailyFX News App The preliminary set of September’s Eurozone Read More →

Gold Inches Higher As USD Seeks New Fuel From Consumer Confidence Data

Talking Points Gold and Silver See Modest Gains As The USD Retreats Ahead of Upcoming Data Crude Oil Advances Towards The 95 Handle On Robust Demand Speculation Palladium Trades Near 15 Month Low As Technicals Warn Of Further Weakness Gold and silver are cautiously Read More →

Dollar Cheered in Press, But Data and Fed Chatter Turning

Talking Points: Dollar Cheered in Press, But Data and Fed Chatter Turning Euro Faces Bloated Calendar Between German Jobs and Eurozone CPI New Zealand Dollar Suffers Another Collapse as RBNZ Confirms Intervention Dollar Cheered in Press, But Data and Fed Chatter Turning Despite the boom Read More →