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Trade Setups in EUR/USD, USD/JPY, AUD/USD for ECB, NFPs

Talking Points: - EURUSD levels to watch: 1.3635-1.3700. - USDJPY funnels into triangle apex - like a coiling spring. - AUDUSD false break?- threatens uptrend from early-March. Traders lulled into a daze by the low volatility ought to grab a coffee for this morning Read More →

Bearish USD Sentiment Remains- Need Strong NFP to Alter Fed Outlook

- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Fifth Straight Month. - Would Mark Longest String of 200+K Prints Since 1999-2000 Trading the News: U.S. Non-Farm Payrolls U.S. Non-Farm Payrolls (NFP) are projected to increase another 215K in June, but the European Read More →

Crude Oil Cracks $105 As Supply Fears Fade, Gold Looks To NFPs

Talking Points Crude oil collapses as concerns over supply disruptions abate NFPs offer potential to spark volatility for gold and silver Copper climbs to highest level since February ahead of China data Crude oil continues to slide in Asian trading after plunging by close Read More →

Forex Markets Brace for Volatility on ECB Meeting, US Payrolls Data

Talking Points: Euro Looks to ECB Rate Decision for Hints on Future Stimulus Expansion US Dollar to Rise if Nonfarm Payrolls Tops Forecasts, Boosts Fed Outlook Australian Dollar Sharply Lower in Asia on Comments from RBA’s Stevens A monetary policy announcement from the European Read More →

Dollar Rebounds Before Bear Trend Solidifies and NFPs Hit

Talking Points: Dollar Rebounds Before Bear Trend Solidifies and NFPs Hit Euro: How Would a Hold on Policy Impact the Market? British Pound Yield Advantage Versus Dollar Highest in 3 Years Dollar Rebounds Before Bear Trend Solidifies and NFPs Hit A last minute bounce for Read More →

Non-Farm Payrolls (NFP) May Fail to Prop Up USD Amid Dovish Fed

Talking Points: - USDOLLAR Rebounds From Trendline Support as ADP Tops Forecast - EUR/USD Preserves Ascending Channel Formation Ahead of ECB Meeting - Bullish AUD/USD Setup Vulnerable to Australia/China Data Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10391.06 10398.3 10370.71 0.20 88.99% USDOLLAR(Ticker: USDollar): Dow Jones-FXCM U.S. Dollar Index Read More →