Monthly archive October, 2013

- U.K. GDP to Expand for Third Straight Quarter - 0.8% Growth Rate to Mark Highest Print Since 2Q 2010 Trading the News: U.K. Gross Domestic Product The U.K. economy is expected to expand another 0.8% in the third-quarter, and a faster rate Read More →

Talking Points: Dollar Dangling Above Deeper Bear Trend Ahead of Next Week’s FOMC British Pound: Buckle Up for GBPUSD Breakout on 3Q UK GDP Euro: Liquidity Draining, Rates Rising, Is ECB Contemplating Stimulus? Dollar Dangling Above Deeper Bear Trend Ahead of Next Week’s FOMC The Read More →

Talking Points NZDUSD reverses off multi-year trendline Near-term price action and RSI divergence shifts focus lower Bearish below 8460- Short scalp conviction below 8300 NZDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDUSD reverses off former channel support dating back to July 2012 Daily RSI Read More →

Talking Points: Chinese PMI beat sends Aussie higher against the Dollar USD rides higher against Euro on disappointing PMI’s Dollar rises into daily gains on the trade balance A look back at the past 24 hours of Forex trading using movements in the US Read More →