Monthly archive August, 2014

Talking Points Crude Oil May Consolidate As Traders Await Fresh News Flow Gold Faces Conflicting Cues As Geopolitical Concerns Fade Silver Retains A Bearish Technical Picture Following Extended Decline Crude oil could consolidate over the session ahead as traders look past further reports of Read More →

Talking Points: British Pound Looks to PMI Figures to Inform BOE Rate Hike Speculation US Dollar May Rise as Upbeat ISM Report Feeds Fed Normalization Bets Aussie Dollar Erases Intraday Losses, Trades Flat After RBA Rate Decision July’sUK Services PMIfigure is expected to show Read More →

Talking Points: Dollar Run Stalls as Rates, Risk and Data Moderate British Pound Advances for Only Second Time in 14 Days Australian Dollar: Data Flow Increases with RBA Decision Dollar Run Stalls as Rates, Risk and Data Moderate The Dow Jones FXCM Dollar Index (ticker Read More →

Talking Points EURUSD at risk for near-term reversal heading into August open Key support / July Low / August ORL at 1.3372/93 Major Event risk on tap this week EURUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD holding key support zone 1.3372/93- bullish Read More →

- US Dollar poised to hit fresh highs against major counterparts - Reaction of DJ FXCM Dollar Index at key resistance is important warning - Pullback in FX volatility prices suggests price action may slow The US Dollar looks on pace to hit Read More →