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Gold and Silver Face Make-Or-Break Moment Ahead Of US NFPs

Talking Points Gold and silver tease at a break below key support ahead of Non-Farm Payrolls Ebbing Ukrainian concerns may prompt further unwinding of fear-positioning in gold Base metals vulnerable to further declines on disappointing Chinese figures next week The precious metals are at Read More →

Graphic Rewind: USD Sets A New Low Despite Manufacturing Improvements

Talking Points: US Dollar hits a new 2-week low despite ISM gains UK PMI Manufacturing beat sends GBP/USD higher A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 04/30 to 12:00 Read More →

EUR/USD at Risk for Breakout as RSI Fails to Retain Bearish Trend

Talking Points: - USDOLLAR Outlook to Turn Increasingly Bearish on Close Below 10,440 - EUR/USD Close Above 1.3850 Highlights Bullish Breakout; All Eyes on ECB - EUR/NZD Bear Flag Favors Downside Targets; RSI Fails to Preserve Bullish Trend The Dow Jones-FXCM U.S. Dollar Index Read More →

AUD/USD Woes Not Shared by GBP/USD – GBP/AUD Breakout Imminent?

Talking Points: - GBPUSD breakout leading GBPAUD after UK PMI data. - AUDUSD fails at former resistance, looks weak below $0.9305. - A dip in volatility today should be corrected tomorrow with Nonfarm Payrolls. To keep up with developments central banks and their policy Read More →

Silver Drops To $19.00 Handle, Oil Exposed To US Manufacturing Miss

Talking Points Gold and silver to extend falls as traders look past dovish Fed and Ukrainian tensions WTI vulnerable to disappointing US manufacturing data sub-$100.00 handle Commodities head into an historically weak period near key technical levels Silver prices have plunged to the critical Read More →

Fundamentals: Dollar Ends Day Lower but FOMC Holds Back the Bears

Talking Points: Dollar Ends Day Lower but FOMC Holds Back the Bears Euro Advance on Inflation, Growth Updates Under ECB Watch Yen Crosses Retreat as BoJ Further Quells QE Upgrade Hopes Dollar Ends Day Lower but FOMC Holds Back the Bears This past session offered Read More →