Monthly archive August, 2013

Chart Created Using FXCM Marketscope 2.0 Technical Outlook Interim support 96.55/74 (61.8% Retracement / 50% Fib Extension) Interim resistance 97.65/72 (50% Retracement / Read More →

Article Summary: A sharp jump in forex volatility prices suggests the US Dollar may soon break out of its recent range—here’s how we’re looking to trade it. DailyFX PLUS System Trading Signals – A noteworthy jump in volatility has shifted our Read More →

TheDow Jones-FXCM U.S. Dollar Index is falling back from a fresh monthly high of 10,773, but we favor buying dips in the greenback as it looks poised for a breakout. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10758.08 10773.69 10714.05 0.41 109.95% USDOLLAR 30-Minute Chart - Read More →

Gold soared to the highest level in three months while crude oil touched a two-year high amid worries about an expanding conflict in Syria. Talking Points Gold Advances to Three-Month High as Syria Drives Market Turmoil Fears Crude Oil Spikes to Highest in Read More →

The majority of European economic data has passed, producing slight downside in European FX (CHF, EUR, GBP). Nevertheless, the calendar may still have a few tricks up its sleeve today. Data out of Europe remains on the strong side but with Read More →

The British Pound will be all ears as Mark Carney delivers his first official policy speech since taking over as the Governor of the Bank of England. Talking Points British Pound May Weaken if Carney Speech Strikes a Dovish Tone Aussie, NZ Dollars Read More →