Menu

FX News

Japanese Yen May Outperform Amid Profit-Taking on Top 2014 Trades

Talking Points: Yen Outperformed on Safe-Haven Flows Amid Risk Aversion in Asian Trade Quiet European, US Data Docket May Keep Seasonal Forces in the Spotlight See Economic Releases Directly on Your Charts with the DailyFX News App The Japanese Yen outperformed in overnight trade, Read More →

Gold Scalps Target Key Inflection Range- Rally at Risk Sub-$1237

Talking Points Gold rally coming into first major resistance target Longs at risk sub-$1237 Event risk on tap next week Gold Weekly Chart Created Using FXCM Marketscope 2.0 Technical Outlook Long bias at risk below resistance confluence at $1236/37- bearish invalidation Key support remains $1137/55- Subsequent support targets Read More →

EUR/USD Continues to Carve Lower-Highs; Bearish RSI Momentum in Focus

Talking Points: - EUR/USD Threatens Bearish RSI Momentum; Lower-Highs in Focus. - USD/JPY Breaks Channel Support- Risks Larger Correction on Risk Aversion. - USDOLLAR to Extend Losses on Failure to Retain Bullish RSI Structure. For more updates, sign up for David's e-mail distribution list. EUR/USD Chart Read More →

USDOLLAR Index at Risk of Near-Term Top

Talking Points: - USDOLLAR Index threatens uptrend from late-November pivot low. - Watching post-ECB highs in EURUSD near 1.2455. - See the 'high' importance events on the DailyFX Economic Calendar. The broader USDOLLAR Index may have broken to fresh yearly highs last week after Read More →

Yen May Continue Higher as Aussie, NZ Dollars Fall on Risk Aversion

Talking Points: Aussie and NZ Dollars Fall, Yen Gains as Risk Aversion Grips Asian Markets Currencies to Look Past German, UK Data with Sentiment Trends in Focus See Economic Releases Directly on Your Charts with the DailyFX News App The Australian Dollar underperformed in Read More →

AUDCAD Short Bias Vulnerable- Scalps Target Weekly Opening Range

Talking Points AUDCAD coming into key area of support Shorts at risk above 2010 TL Support Event risk on tap next week AUD/CAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDCAD coming into key support region / 2013 Open / 2010 TL Support Shorts at risk Read More →