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GBP/USD Bullish RSI Momentum Vulnerable to Slowing U.K. CPI

- U.K. Consumer Price Index (CPI) to Slip to 1.2%- Lowest Reading for 2014. - Core Rate of Inflation to Hold at Annualized 1.5% for Third Straight Month. Trading the News: U.K. Consumer Price Index A downtick in the U.K.’s Consumer Price Index Read More →

Pound May Weaken on UK CPI, Euro to Look Past PMI Data

Talking Points: US Dollar Corrected Lower in Overnight Trade, Loonie in the Lead Ruble Bounce on Surprise Russia Interest Rate Hike Unlikely to Last UK CPI May Weigh on British Pound, Euro to Look Past PMI Data The US Dollar corrected lower in overnight Read More →

Crude Continues To Crumble, Silver Leads Precious Metals Lower

Talking Points Crude Oil May Remain Under Pressure As Supply Glut Concerns Linger Upcoming US Data May Be Overlooked As Focus Turns To Fed Decision Quarterly Forecast: Gold RemainsVulnerable To USD Strength The precious metals witnessed a dramatic slide at the outset of the Read More →

AUD/JPY Short Scalps Eye Interim Support at 96.50 Ahead of RBA

Talking Points AUDJPY coming into interim support Shorts at risk above 9650/62 Event risk on tap next week AUD/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDJPY coming into interim support / inflection range 96.50/63 Break below targets support objectives at 96.00/08 & 95.40 Resistance at 98.00/05 Read More →

Russian Ruble Plummets and Here’s How We Might Trade the Clear Trend

Talking Points: Russian Ruble plummets a remarkable 9+ percent versus US Dollar Central Bank of Russia Policy insufficient to stem Ruble sell-off, direction clear Further losses seem likely, but selling Ruble too risky as capital controls seem imminent The Russian Ruble continues its plunge Read More →

Trading Outlook on Make or Break Week Ahead for US Dollar and Yen

- US Dollar shows material risk of turnaround, but uncertainty especially high - Forex volatility prices hit fresh yearly highs ahead of potentially big week - Volatility-friendly Breakout2 system remains favored until further notice It’s shaping up to be another big week for Read More →