Monthly archive July, 2014

Talking Points: Dollar Run Drives EURUSD to Key Support, Next Step Difficult British Pound, Yields Unable to Rally on Strong Jobs Data Euro Falls Despite European Capital Market Bounce Dollar Run Drives EURUSD to Key Support, Next Step Difficult Despite a limited economic calendar, the Read More →

Talking Points: Euro May Rise if June’s Inflation Reading is Revised Upward Yen Gains as Aussie, NZ Dollars Fall on Fading Risk Appetite See Data Releases on Your Charts with the DailyFX News App A revised set of June’s Eurozone CPI figures headlines an Read More →

Talking Points NZDJPY signals near-term reversal off July high Scalps look to sell rallies Event Risk on tap next week from New Zealand & Japan NZDJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDJPY weekly & monthly opening ranges break- bearish Interim support 88.20/33- Break Read More →

Talking Points: - USDOLLAR Threatens Bearish Setup; Yellen Testimony in Focus - GBP/USD at Risk for Bearish Inside-Day (Harami) as U.K. Wage Growth Disappoints - USD/CAD Climbs to Fresh Monthly High as Bank of Canada (BoC)Talks Down Inflation Risk Index Last High Low Daily Change (%) Daily Range (% Read More →

Talking Points: - EURUSD at July 2012-2013 uptrend, nearing June 2014 lows. - EURGBP breakdown matched by GBPCHF; watch GBPCAD. - Reminder that July forex seasonals in QE era work against USD. Like in the case of the US, a sustained decline in the Read More →