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Monthly archive May, 2014

AUD/USD Threatens 92.00 Support- Need Dovish RBA for Larger Decline

AUD/USD Threatens 92.00 Support- Need Dovish RBA for Larger Decline
Fundamental Forecast for Australian Dollar: Neutral AUD/USD Holds 0.9200 Support- Dovish RBA to Trigger Key Reversal Australian Dollar Downtrend Intact, We Like Selling For Real-Time Updates and Read More →

Gold Posts Key Outside Reversal Post NFPs- $1307 Key Resistance

Gold Posts Key Outside Reversal Post NFPs- $1307 Key Resistance
Fundamental Forecast for Gold:Neutral Gold and Silver Face Make-Or-Break Moment Ahead Of US NFPs Gold Big Levels Loom as Support; Above 1306 is Bullish Sign up for Read More →

Graphic Rewind: GDP Miss and NFP Beat Leave USD Near the Weekly Open

Talking Points: US Dollar Index closes the week less than 20 points away from the open Greenback falls on a significant GDP miss Better than expected NFP’s send the greenback to a 3-week high A look back at the past week of Forex trading Read More →

AUD/USD Holds 0.9200 Support- Dovish RBA to Trigger Key Reversal

Talking Points: - USDOLLAR Remains Capped by Trendline Support Post NFP; May High in Place? - EUR/USD to Retain Range Ahead of ECB on Failed Close Above 1.3870 - AUD/USD Holds 0.9200 Handle Ahead of RBA Interest Rate Decision The Dow Jones-FXCM U.S. Dollar Read More →

USD Trade Setups for Trading Life Before and After NFPs

Talking Points: - US NFPs due at +215K from +191K. - Long EUR, GBP if USD weakens; short AUD, JPY on USD strength. - US economic data dominates forex economic calendar on Friday. To keep up with developments central banks and their policy changes, Read More →

May Forex Seasonality Sees US Dollar Outperformance versus Aussie, Euro

Talking Points: - May has been the best month of the year for the US Dollar the past 5 years. - Australian Dollar, Euro could be laggards. - US Dollar has gained against every major on average in May since 2009. See the full Read More →