Monthly archive January, 2015

- U.K. Consumer Price Index (CPI) to Slow for Sixth Consecutive Month. - Headline Reading of 0.7% Would Mark Lowest Print Since 2002. Trading the News: U.K. Consumer Price Index The U.K. Consumer Price Index (CPI) may spark a bearish reaction in GBP/USD Read More →

Talking Points Weekly opening range to validate scalp bias Short-scalps at risk above 118 support- (weekly/monthly ORL) Event Risk on Tap This Week USD/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDJPY testing interim support 118.04/18 (near-term bullish invalidation) Resistance 119.85 & 120.66/81- bearish invalidation Weekly opening Read More →

Talking Points: - GBP/USD Rebound to Benefit From Strong U.K. Core Consumer Price Index (CPI). - USD/CAD Pushes Fresh Monthly High (1.1922) as Oil Extends Decline. - USDOLLAR Rally Remains Supported by 10-Day SMA Post Non-Farm Payrolls (NFP). For more updates, sign up for Read More →

- US Dollar trades to fresh multi-year highs but posts key bearish reversal - Forex volatility prices tumble, hurting outlook for the volatility-friendly USD - We favor high-vol strategies in the Yen, trading counter-trend in Dollar pairs The Dollar to fresh multi-year peaks Read More →

Talking Points: - EURUSD, EURGBP remain pressured by four-week downtrends. - EURUSD has finished year in direction of first week 13 of 16 times. - See the DailyFX Economic Calendar for Monday, January 12, 2015. What are some of the merits of the recent Read More →