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ForexPeaceArmy | Sive Morten Gold Daily 02.18.14

Professional Forex Trading analysis by Sive Morten with Forex Peace Army. Videos are recorded fresh daily to help forex traders stay profitable.

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GBPAUD Weekly Range in Focus- Bullish Scalp Bias at Risk Sub 1.86

Talking Points GBPAUD testing interim resistance- Weekly opening range in focus Broader bias remains weighted to the topside Major event risk on tap from the UK GBPAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAYD 1.86 resistance range in focus Breach/Close above targets objectives at Read More →

USDJPY at Risk for Larger Correction on Dovish FOMC Minutes

Talking Points: - USDOLLAR Volatility to Thin Ahead of FOMC Minutes - USDJPY Struggles to Hold Monthly High (102.73) Despite BoJ Easing Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10554.78 10579.00 10542.23 -0.02 97.78% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Watching Former Support Regions for New Read More →

GBP/USD Stunted by CPI, USD/JPY Clears First Hurdle after BoJ

Talking Points: - GBPUSD continues pullback from $1.6748, April 2011 high, 61.8% extension from July low. - USDJPY above triangle resistance after BoJ expands policies. - USDJPY still must clear ¥102.90 before bulls cleared. To keep up with developments central banks and their policy Read More →

Forex: US Dollar May Rise on Pre-Positioning Before FOMC Minutes

Talking Points: New Zealand Dollar Underperforms After Comments from NZ FinMin English Yen Sold on BOJ Rate Decision, Pound Down as Soft CPI Dents BOE Outlook US Dollar May Rise as the Markets Ponder Upcoming FOMC Minutes Release The New Zealand Dollar underperformed in Read More →

Gold and Silver End Rally As US Dollar Gains On Souring Sentiment

Talking Points Gold and silver slammed as US Dollar recovers ground Resurgence in risk aversion prompts return to the greenback Crude struggling at key resistance but remains in uptrend Gold is retreating from its highest level in a more than two months as a Read More →