Monthly archive October, 2013

Talking Points: - USDOLLAR Rebounds from Fresh Monthly Low on Risk Aversion - Bullish Australian Dollar Momentum Falters; Downside Targets in Focus Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10398.8 10406.47 10367.37 0.06 81.46% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Carves Lower Low Around 10,354- Lower Read More →

Talking Points Strong Chinese PMI Sends Australian, New Zealand Dollars Higher Euro Volatility Risk on the Downside Ahead of October’s PMI Data Japanese Yen May Fall as S&P 500 Futures Hint at Risk-On Mood The Australian and New Zealand Dollars outperformed in overnight trade, Read More →

Talking Points: DollarSteadies as Market Makes a Tentative Risk Move British Pound Checked by BoE Minutes, Carney May Sink Currency Euro Ignores Spain 3Q GDP Forecast, PMI Figures Today Dollar Steadies as Market Makes a Tentative Risk Move There was a flutter of risk aversion Read More →

Talking Points Trendline break looks for validation with breach above Fibonacci resistance AUDUSD price action signals risk of correction- Constructive for EUR/AUD Bias bullish above 1.4140 – Long conviction above 1.4340 EURAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD breaches trendline resistance off Read More →

Talking Points: US Dollar drops to an eight month low on Australian inflation Chinese bad loans write off spreads fear throughout markets A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 Read More →