Monthly archive January, 2015

Talking Points Gold long bias at risk below near-term technical resistance Broader trade remains constructive above $1262 Event Risk on Tap Gold Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook Gold rallies into pitchfork resistance- near-term bearish invalidation Interim support $1280 & $1262/68- bullish invalidation Topside resistance breach Read More →

Talking Points: - EUR/USD Slips to Fresh Monthly Low as ECB Implements EUR 60B/Month QE Program. - AUD/USD Range Vulnerable to Slowing China Recovery; RSI Structure in Focus. - USDOLLAR Extends Advance Ahead of FOMC Meeting; Topside Targets on Radar. For more updates, sign Read More →

Talking Points: - H4 close above 1.1640 could see big short covering in EURUSD. - EURGBP breakdown remains valid below 0.7750. - See the DailyFX Economic Calendar for Thursday, January 22, 2015. The moment we've all been waiting for since early-December has finally arrived. Read More →

- European Central Bank (ECB) Widely Expected to Announce Quantitative Easing (QE) Program. - Will ECB Share the Risk & Get Local Central Banks Involved? For more updates, sign up for David's e-mail distribution list. NOTE: FXCM Inc, Parent Company of DailyFX, will Read More →

Talking Points NZDJPY breaks key near-term support at 89.90 – 90.02 Scalp bias weighted to the downside below this mark Event Risk on Tap This Week NZD/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDJPY monthly opening range break on 1/13 put short-side bias in Read More →