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Scalping the AUDUSD Correction- Longs Favored Above 9060

Talking Points AUDUSD setup targets topside correction Looking to buy dips/breaks of resistance into 9200, while above 9060/70 Event risk out of Australia on Wednesday & US on Thursday AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD trading within confines of well-defined descending Read More →

USD Eyes Lower Low Amid RSI Divergence- JPY to Benefit From BoJ

Talking Points: - USDOLLAR Fails to Maintain Range- Carves Lower High Ahead of Fed Meeting - Japanese Yen Outperforms Against Peers as Market Sentiment Falters Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10574.99 10613.41 10572.56 -0.26 78.94% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Failure to Retain Read More →

Forex: Slow European, US Data Flow Does Not Guarantee Quiet Trade

Talking Points: Australian Dollar Narrowly Weaker on Chinese Industrial Production Data European, US Economic Calendars Offer Little to Drive Market Volatility Diminished Holiday Season Liquidity May Amplify Knee-Jerk Price Action Get Real-Time Feedback on Your Trades with DailyFX on Demand! The major currencies were little-changed Read More →

Forex: Dollar Sees Extreme Period Quiet as Market Weighs December Taper

Talking Points: Dollar Sees Extreme Period Quiet as Market Weighs December Taper Japanese Yen Crosses Extend Rally, EURJPY Gaps to 5 Year High British Pound Traders Should Be Careful Of Trade, Factory, GDP Updates Dollar Sees Extreme Period Quiet as Market Weighs December Taper There Read More →

Forex Peace Army|Sive Morten Gold Daily 12.09.13

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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USD at Risk Amid Budget Talks- GBP Carving Higher Low?

Talking Points: - USDOLLAR Preserves Range- Outlook Hinges on Fed Policy - British Pound Carves Higher Low Ahead of BoE Carney Speech Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10613.59 10627.67 10612.04 -0.03 34.58% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 May Hold Range Going Into Fed’s Read More →