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Euro Risks Large Correction on Dovish ECB- Remains Bullish Above 1.35

Talking Points: - USDOLLAR Struggles Despite Upbeat Consumer Confidence Report - EURUSD Weighed by Dovish ECB Rhetoric; Watching for Higher Low Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10558.33 10563.03 10539.91 0.09 60.98% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Outlook Remains Bearish Following Lower High; At Read More →

US Dollar Rebound Not There Yet: AUD/USD, GBP/USD, USD/JPY Setups

Talking Points: - EURUSD and GBPUSD look weak despite yesterday's late rally. - AUDUSD proving the strongest, weathering headwinds from China. - Several important events on the US economic calendar today. To keep up with developments central banks and their policy changes, be sure Read More →

Bullish GBP/USD Outlook at Risk on Slow U.K. CPI- 1.6400 in Focus

GBP/USD Outlook as UK CPI Data Released
- U.K. Consumer Price Index (CPI) to Narrow for Fifth Consecutive Month. - Core Inflation to Hold Steady at 1.6%- Lowest Reading Since November 2009. Trading the News: U.K. Read More →

Forex: Pound May Fall on Soft UK CPI, Euro to Look Past IFO Downtick

Talking Points: Euro May Weaken on IFO Survey But Follow-Through Likely Limited Soft UK CPI Report May Erode BOE Policy Outlook, Weigh on Pound Aussie and NZ Dollars Rise, China Fiscal Stimulus Bets Possible Driver Germany’s IFO Survey of business confidence is expected to Read More →

British Pound Top Volatility Risk on February CPI Release

Talking points: • Dollar Retreats as Bulls Look for New Driver • British Pound Top Volatility Risk on February CPI Release • Australian Dollar Advances Despite Risk Slump, Weak Chinese Data Dollar Retreats as Bulls Look for New Driver It doesn’t seem like a more Read More →

AUDUSD Testing Key Resistance at 9150- Weekly Open in Focus

Talking Points AUDUSD coming into key inflection point Weekly opening range in focus- break to offer conviction scalp bias First two resistance objectives have been achieved – Updated targets AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 AUDUSD Scalp Chart Notes: AUDUSD is coming into a Read More →