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British Pound Lining up for Significant Turn – What Could Warn Us?

British-Pound-Lining-up-for-Significant-Turn--What-Could-Warn-Us_body_Picture_5.png, British Pound Lining up for Significant Turn – What Could Warn Us?
Fundamental Forecast for Pound:Bearish Our Senior Strategist sees Price & Time studies favor an important GBP reversal The US Dollar itself is at Read More →

EUR/USD Risks Further Losses Ahead of ECB- 1.3500 Remains Key

EUR/USD Currency
Talking Points: - USDOLLAR Retains Bearish Structure Despite Upward Revision in 4Q U.S. GDP - EUR/USD Remains in Correction; Outlook Vulnerable to Dovish ECB Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10519.75 10526.52 10503.98 0.03 59.44% USDOLLAR Daily Chart - Read More →

Aussie Bulls Take Control – Don’t Discount Pullback: AUD/USD, EUR/AUD

Talking Points: - AUDUSD looks overextended near-term, but becoming more bullish. - Looking to sell EURAUD rallies into 1.4995/5010. - Four events to watch on US economic calendar today. To keep up with developments central banks and their policy changes, be sure to sign Read More →

Forex: Euro at Risk on Soft German CPI, Dollar May Rise on UofM Print

Talking Points: Euro May Extend Drop as Soft German CPI Fuels ECB Stimulus Bets British Pound Likely to Overlook Final Revision of 4Q UK GDP Data US Dollar May Bounce if UofM Revision Tops Economists’ Forecasts March’s preliminary German CPI report headlines the economic Read More →

Dollar Extends Worst Run in 6 Months, NFPs Ahead

Talking Points: Dollar Extends Worst Run in 6 Months, NFPs Ahead Japanese Yen: A Collapse in Household Spending Before Tax Hike Euro Has Adjusted for Dovish View on Next Week’s ECB Dollar Extends Worst Run in 6 Months, NFPs Ahead Despite the S&P 500’s weakness Read More →

Scalps Favor Selling Rallies in EURAUD Post Head and Shoulders Break

Talking Points EURAUD Breaks below weekly & monthly opening ranges- Bearish Broader head and shoulders break shifts medium-term outlook lower Event risk on tap from Europe and Australia heading into month end EURAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD breaks below March Read More →