FX News

Talking Points EURCAD targets key resistance range 1.4444/57 Scalp bias constructive above 1.4330- bullish invalidation Event risk on tap this week EUR/CAD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURCAD testing key resistance confluence 1.4444/57- bearish invalidation Breach targets resistance objectives at 1.4613 & 1.4724/33 Interim Read More →

Talking Points: - GBP/USD Bullish RSI Break in Focus Ahead of BoE Minutes, 3Q U.K. GDP. - AUD/USD Vulnerable to Dovish RBA Minutes, Slowing 3Q China GDP. - USDOLLAR at Risk for Larger Correction on Subdued Consumer Price Inflation. For more updates, sign up Read More →

Talking Points: - Euro recovering broadly as ECB conducts covered bond purchases. - Traders await stress test results due Sunday afternoon. - Euro Faces Economic Headwinds with Weakening German, Euro-Zone PMIs As the US Dollar faces its own bout of uncertainty and vulnerability, there Read More →

Talking Points: Yen Drops, Aussie and NZ Dollars Rise on GPIF Asset Allocation Change S&P 500 and FTSE 100 Futures Suggest Risk-On Mood Likely to Continue See Economic Releases Directly on Your Charts with the DailyFX News App A swell in risk appetite at Read More →

Talking Points Crude Oil Recovery Stumbles As Supply Glut Concerns Linger Copper Rebounds Ahead of Busy Week For China Data Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast Crude oil ended the session relatively flat on Friday as traders caught their breath Read More →

Fundamental Forecast for Pound:Neutral - The Euro may have its own problems, but it may be able to lever the US Dollar’s moment of vulnerability. - The Read More →