Talking Points USDOLLAR Channel breakout in question Gold in consolidation below key near-term resistance Updated levels and invalidation points USDOLLAR Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDOLLAR testing key resistance range 10,488/95- bearish invalidation Topside breach targets objectives at 10,517/24, 10,562/71, 10,618 Interim support 10,444 Read More →

Talking Points: - Bearish USDOLLAR Outlook Favored on Close Below 10,470 - EUR/USD Holds Key1.3650-60 Support Even as 1Q GDP Disappoints - USD/JPY Hits Fresh Monthly Low (101.30) But Needs Close Below 101.50 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) may resume the Read More →

Talking Points: - EURJPY and GBPJPY exhibit greater signs of topping. - USDJPY stuck in range 101.35-103.05. - Forex economic calendar packed with US data on Thursday. To keep up with developments central banks and their policy changes, be sure to sign up for Read More →

Talking Points Gold and silver traders hold back ahead of US inflation data Crude oil gives back gains as traders digest overall supply picture Natural gas extends its recent declines ahead of inventories figures Gold and silver are teasing traders near critical resistance ahead Read More →

Talking Points: Dollar Rally Comes to a Halt as CPI Benchmarks Fed Rate Outlook Euro Traders Look to See Whether 1Q GDP and CPI Data Will Turn Stimulus Tide Pound Tumbles Despite BoE Caving to Hawkish Pressure Dollar Rally Comes to a Halt as Read More →

Talking Points: First-Quarter Eurozone GDP Data Carries Downside Surprise Risk Euro Gains Unlikely to Prove Lasting Even on Upbeat GDP Print US Dollar May Rise as April’s US CPI Figures Boost Fed Outlook The preliminary estimate of the first-quarter Eurozone GDP reading headlines the Read More →