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Oil Tests Key Resistance, Gold Consolidates Ahead of Upcoming NFP Data

Talking Points Crude Tests Key Resistance Following Rally On Upbeat Jobless Figures Beat on NFPs May Bolster Risk Appetite and Support Further Gains For Oil Silver and Copper Technical Setups May Offer Short Entry Opportunities Crude oil and copper rallied while gold erased early Read More →

Forex: Yen to Rise as Aussie, Kiwi Dollars Fall on Soft US Jobs Data

Talking Points: FX Markets Treading Water in Europe as Traders Wait for US Jobs Data Soft US News-flow vs. Expectations Opens the Door for Downside Surprise Yen to Outperform as Aussie, Kiwi Dollars Sink on Soft Nonfarm Payrolls Currency markets are in quiet consolidation Read More →

Strong U.S. Non-Farm Payrolls (NFP) to Favor Short EURUSD Setup

- U.S. Non-Farm Payrolls to Rise180K, Unemployment Rate to Hold at 6.7% - Will December NFP See Large Upward Revision from 74K? Trading the News: U.S. Non-Farm Payrolls The U.S. economy is expected to add another 180K jobs in January, but another dismal Read More →

Forex: Dollar – Can the NFPs Salvage a Tentative Breakdown?

Talking Points: Dollar: Can the NFPs Salvage a Tentative Breakdown? Euro Rallies After the ECB Holds Monetary Policy Unchanged British Pound Steady Through BoE Decision, Bigger Moves Ahead Dollar: Can the NFPs Salvage a Tentative Breakdown? Having loitered at a multi-month level of support, the Read More →

EUR/AUD, EUR/JPY Attempt Post-ECB Reversals – EUR/USD Waits for NFPs

Talking Points: - EURUSD rallies up to 1.3600 but likely stuck until US NFPs. - EURAUD and EURJPY might be more actionable. - Expect NFPs to disrupt all of these pairs tomorrow. To keep up with this week's central bank meetings and implications on Read More →

Graphic Rewind: US Dollar Falls to a 3-Week Low on Aussie and Euro Strength

Talking Points: US Dollar declines against the Aussie on an unexpected trade surplus A patient Draghi sends EUR/USD 100 pips higher US Dollar Index falls to a 3-week low A look back at the past 24 hours of Forex trading using movements in the Read More →