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Forex: Euro Ready to Rally or Collapse on ECB’s Word

Talking Points: Dollar at Risk of Breakout on GDP, Trend May be NFPs Call Euro Ready to Rally or Collapse on ECB’s Word British Pound: BoE Decision Unlikely to Feed Yield Speculation Dollar at Risk of Breakout on GDP, Trend May be NFPs Call There Read More →

AUDNZD Scalps Target Near-term Support Bounce- Bullish Above 1.1320

Talking Points AUDNZD reversal off October highs halts at Fibonacci / Trendline support Risk of near-term bounce shifts focus higher into close of the week Bullish invalidation with break / close below 1.1320 AUDNZD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDNZD decline off Read More →

Graphic Rewind: European Economic Releases Spell US Dollar Weakness

Talking Points: US Dollar declines against European majors on data PBOC transparency may also have sent USD lower ECB rumor’s connection to EUR strength is debatable A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Read More →

USD at Risk for Lower Low as GDP Slows- All Eyes on ECB Policy

Talking Points: - USDOLLAR Fails to Hold Range Ahead of 3Q GDP Report - Euro Retains Bullish Trend Ahead of European Central Bank (ECB) Meeting Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10506.47 10527.07 10493.41 -0.15 68.26% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Fails to Hold Read More →

Forex: Dollar Ends Longest Bull Run in 14 Months

Talking Points: Dollar Ends Longest Bull Run in 14 Months Euro May Find Rebound in Pre-Event Risk Unwind Australian Dollar Rallies Ahead of RBA Decision Dollar Ends Longest Bull Run in 14 Months The USDollar broke stride on its strongest bull-run in 14 months. Monday’s Read More →

High Event Risk Throughout Week Promises Volatility in EUR-, USD-pairs

Talking Points: - Three central bank meetings (RBA, BoE, ECB). - Four employment reports (NZD, AUD, CAD, USD). - US Dollar has unusual circumstances that might favor further upside. Last week was highlighted by an unexpected jolt to the Euro, after incoming inflation data Read More →