FX News

- U.S. Durable Goods Orders to Contract for Third Straight Month. - Non-Defense Capital Goods Orders ex Aircrafts to Expand for Fifth Time in 2014. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Durable Goods Orders Another 0.6% Read More →

Talking Points: - GBP/USD Poised for Larger Rebound as RSI Breaks Out, BoE Sticks to Normalization Cycle. - AUD/USD Struggles to Retain Bullish RSI Momentum as RBA Continues to Utilize Verbal Intervention. - USDOLLAR Hits Fresh Monthly High on Upbeat 3Q GDP- PCE Read More →

Talking Points: - AUDUSD breach of 0.8540 sets up test of 0.8351, 0.8200. - Neutral EURUSD favored if price contained by 1.2357/1.2500. - See the 'high' importance events on the DailyFX Economic Calendar. Over the next few days, with a meaningful portion of the Read More →

Talking Points Crude Oil May Remain Heavy As Supply Glut Concerns Linger Precious Metals Exposed To USD Gains On Strong GDP Print Quarterly Forecast: Gold RemainsVulnerable To USD Strength Crude oil witnessed a rocky start to the week with the WTI benchmark off by Read More →

Talking Points Gold rebound at risk sub $1206/07 Weekly opening range in focus- Break to validate scalp bias Event risk on tap this week XAU/USD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook Key resistance confluence at 1206/08- Longs at risk into this region Daily RSI testing Read More →

Talking Points: - USDOLLAR Vulnerable to Dismal 3Q Gross Domestic Product (GDP) Report. - USD/JPY Bullish Outlook Clouded by Fiscal, Monetary Policy Uncertainty. - NZD/USD Remains at Risk for Further Losses Amid String of Lower-Highs. USDOLLAR(Ticker: USDollar): Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Read More →