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EUR/USD Rebound to Benefit From Record-Low German Unemployment

- German Unemployment to Contract for Fourth Consecutive Month in January. - Jobless Rate to Hold at Record-Low of 6.5% for Second Month. Trading the News: German Unemployment Change Another 10K decline in German Unemployment may spur a larger rebound in EUR/USD as Read More →

GBPAUD Weekly Opening Range Setup- Long Scalps at Risk Sub-1.92

Talking Points GBPAUD weekly opening range taking shape below key resistance Longs at risk- Range break to validate near-term scalp bias Event Risk on Tap GBP/AUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD testing key resistance range / 2014 highs- bearish invalidation Outside day reversal Read More →

USD Eyes FOMC Meeting amid Perceived Policy Divergence

Talking Points: - GBPUSD on better footing than EURUSD before FOMC. - Expect NZDUSD to be particularly volatile with RBNZ today too. - See the DailyFX Economic Calendar for Wednesday, January 28, 2015. With the US Dollar sitting near 11-year highs versus the Euro, Read More →

US Dollar May Fall as FOMC Fails to Fuel Interest Rate Hike Bets

Talking Points: US Dollar May Fall as Status-Quo FOMC Fails to Fuel Rate Hike Outlook Aussie Dollar Gains as CPI Data Undermines RBA Interest Rate Cut Bets See Economic Releases Directly on Your Charts with the DailyFX News App A quiet economic calendar in Read More →

Dollar Suffers First Two-Day Drop In 7 Weeks Before Fed

Talking Points: Dollar Suffers First Two-Day Drop In 7 Weeks Before Fed Euro Traders Should Be Cautious as Currency Extends Rebound After Greek Election British Pound Climbs after UK GDP Posts Strongest Growth Pace Since 2007 Dollar Suffers First Two-Day Drop In 7 Weeks Read More →

Scalping the AUDCAD Reversal- Shorts Favored Below 9928

Talking Points AUDCAD reversal off key resistance in focus Possible head & shoulders formation underway Event Risk on Tap AUD/CAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDCAD reversal off key resistance / RSI trigger break shifts scalp bias lower Resistance at 9912/28- bearish invalidation- Breach Read More →