Monthly archive January, 2014

Talking Points AUDUSD topside correction at risk- Key near-term resistance at 9000 Looking for decisive break of weekly opening range to offer conviction on scalp bias Event risk out of Australia and US this week AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD Read More →

Talking Points: US Dollar falls on a surprise ISM decline for December The greenback found a range in London and overnight trading despite the PMI releases A look back at the past 24 hours of Forex trading using movements in the US Dollar Read More →

- Japanese Yen is the leading currency yet again, tells us what to expect in week ahead-Our focus shifts towards Yen trading via our Breakout2and Momentum2systems- It will be critical to watch the first full week of 2014 price action The Read More →

Talking Points: US Service-Sector ISM Report in Focus to Start the Trading Week Gold Prices Are Eyeing Technical Resistance Near $1250/oz Level Crude Oil Selling May Slow After Inventories Fell to 7-Week Low The spotlight is on the US Non-Manufacturing Composite gauge to start Read More →

Talking Points: - Euro benefits from stability in regional PMI Services data. - British Pound continues underperformance amid selling on softer PMI data. - Recent trade ideas: GBPCHF hesitating near breakout level; EURAUD consolidating after steep decline. To keep up with the European data Read More →