FX News

Talking Points NZDUSD rally at risk near-term sub-7970 Scalps target downside correction / long entries lower down Event risk on tap this week NZD/USD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDUSD medium-term bias shifted higher after 11/12 breach of monthly opening range high Trading within Read More →

Talking Points: - GBPUSD stuck in triangle on H4 timeframe. - EURGBP rejected at August 2013 channel resistance. - See the 'high' importance events on the DailyFX Economic Calendar. Today's UK CPI figures were nothing exciting and certainly fit within the Bank of England's Read More →

Talking Points: Dollar Gains Increasingly Relative British Pound Faces Top Event Risk on Inflation Data Yen Crosses Shaken But Not Broken on Recession Announcement Dollar Gains Increasingly Relative The traditional means for Dollar strength weren’t catering to the currency’s advance Monday, but that didn’t prevent Read More →

- U.K. Consumer Price Index (CPI) to Hold at Annualized 1.2% for Second-Month. - Core Rate of Inflation to Rebound from Lowest Reading Since 2009. Trading the News: U.K. Consumer Price Index Beyond the headline reading for U.K. inflation, an uptick in the Read More →

Talking Points Crude Oil Resumes Descent As Supply Glut Concerns Linger Silver At A Critical Juncture Near Key Technical Barriers Quarterly Forecast: Gold RemainsVulnerable To USD Strength The precious metals slipped at the outset of the week with a stronger greenback likely weighing on Read More →

Talking Points: - EUR/USD Holds Opening Monthly Range as ECB Continues to Endorse Dovish Outlook. - AUD/USD Retains Long-Term Bearish RSI Momentum Ahead of RBA Minutes. - USDOLLAR Makes Another Attempt to Breakout; Watching RSI for Conviction/Confirmation. For more updates, sign up for David's Read More →