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May Forex Seasonality Sees US Dollar Outperformance versus Aussie, Euro

Talking Points: - May has been the best month of the year for the US Dollar the past 5 years. - Australian Dollar, Euro could be laggards. - US Dollar has gained against every major on average in May since 2009. See the full Read More →

EUR/USD Breakout to Take Shape on Dismal Non-Farm Payrolls (NFP)

- U.S. Non-Farm Payrolls (NFP) to Increase 215K- Largest Rise Since November (274K). - Unemployment Rate to Narrow to 6.6%- Lowest Since January. Trading the News: U.S. Non-Farm Payrolls The U.S. Non-Farm Payrolls (NFP) report may spark a bullish reaction in the dollar Read More →

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 →