FX News

Talking Points GBPJPY weekly OR breach rallies into major inflection range Key near-term technical resistance 183.96 – 184.26 Key Event Risk on Tap GBP/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY resting key resistance range 183.96-184.26 (bearish invalidation) Breach targets 186.34 & 188.07 Interim support at Read More →

Talking Points: - GBP/USD Bullish Momentum Takes Shape Ahead of U.K. Retail Sales. - Gold Downside Targets in Focus Amid Ongoing Series of Lower-Highs. - USDOLLAR Holds Tight Range Ahead of FOMC Minutes; Forward-Guidance in Focus. For more updates, sign up for David's e-mail Read More →

Talking Points: - UK wage growth outpacing inflation by widest margin since 2008. - GBPUSD retains uptrend; GBPAUD, GBPCAD break downtrends. - See the February Forex Seasonality report and the implications for the majors. Bank of England policymakers are coming up flush with their Read More →

Talking Points: Dollar Consolidation Mirrors Yield Forecast Euro Pressure Builds as Another Greek Deadline Comes Into View British Pound Steady Despite Record Low Inflation Reading Dollar Consolidation Mirrors Yield Forecast Though the Dollar’s larger trend is still bullish – both fundamentally and technically – the Read More →

Talking Points: British Pound Unlikely to Find Fuel in BOE Minutes, Jobless Claims Figures US Dollar Disproportionally Vulnerable to Drop on FOMC Meeting Minutes See Economic Releases Directly on Your Charts with the DailyFX News App The release of minutes from this month’s Bank Read More →

Talking Points: - EUR/USD Retail Crowd Remains Net-Short Amid Greek Deadlock. - GBP/USD Bullish Momentum in Focus Ahead of U.K. Jobless Claims, BoE Minutes. - USDOLLAR Pares Decline Ahead of FOMC Minutes to Retain Range-Bound Prices. For more updates, sign up for David's e-mail Read More →