Menu

FX News

NZD/USD Holds Resistance Ahead of RBNZ- FOMC Spurs Relief USD Bounce

Talking Points: - NZD/USD Retail FX Remains Net-Short Ahead of RBNZ. - USDOLLAR Threatens Key Support Ahead of 1Q GDP, Fed Interest Rate Decision. For more updates, sign up for David's e-mail distribution list. NZD/USD Chart - Created Using FXCM Marketscope 2.0 NZD/USD continues to threaten Read More →

EUR/USD Breaks Out Ahead of FOMC- 1.1300 in Focus

- Federal Open Market Committee (FOMC) to Retain Current Policy, Stay on Course to Normalize. - Will the Fed Further Delay and Talk Down Bets for June Rate Hike? Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision The fresh commentary Read More →

Trade Setups and Preview for US GDP, FOMC Meeting

Talking Points: - USDOLLAR Index selloff reaches 100% extension - more due? - EURUSD triangle breakout valid above 1.1050. - See the April forex seasonality report. Here's where the US Dollar stands after several days of selling, ahead of two big data and events Read More →

US Dollar Selloff Likely to Continue on Status-Quo FOMC Statement

Talking Points: US Dollar Selling May Continue on Status-Quo FOMC Announcement Aussie Dollar Corrects Lower After Largest Rally in Nearly 15 Months NZ Dollar Fails to Hold Gains on Trade Data as RBNZ Looms Ahead The outcome of April’s Federal Reserve monetary policy meeting Read More →

Dollar Tumbles…Before the Fed and GDP

Talking Points: Dollar Tumbles…Before the Fed and GDP Euro Shows Increasingly Little Concern Over Greek Risks New Zealand Dollar Faces its Own High-Profile Rate Decision Dollar Tumbles…Before the Fed and GDP It isn’t unusual to see key technical levels and patterns develop in the lead Read More →

AUDJPY Breakout Scalps Target 200 DMA Ahead of BoJ, China PMI

Talking Points AUDJPY breakout scalps in focus- near-term resistance 95.49 Possible double bottom in play targets objectives into 98 Event Risk on TapThis Week AUD/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDJPY breakout in focus after breaching key slope resistance confluence Near-term resistance confluence in Read More →