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Crude Oil Bounces As Bears Book Profits, Gold Awaits US Sentiment Data

Talking Points Crude Oil Rebounds Despite Negative Cues From US Inventories Copper Extends Declines Ahead of Busy Week For China Data Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast Crude oil rebounded strongly on Thursday with newswires pointing to profit-taking near a Read More →

EURJPY Key Outside Reversal Shifts Near-term Focus Higher

Talking Points EURJPY posts outside reversal day off key support- constructive Broader outlook bearish sub 137.67 Event risk on tap this week EUR/JPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURJPY focus shifts post daily outside reversal candle off 100% extension from 2013 high Resistance Read More →

GBP/USD Bucks Trend & Clears Previous Day Range- RSI Breakout?

Talking Points: - GBP/USD to Face Larger Rebound on Bullish RSI Break; Divergence Remains in Focus. - USD/CAD May Face Near-Term Topping Process on Sticky Canada CPI . - USDOLLAR Under Pressure as Fed’s Bullard Sees Room to Delay QE Exit. For more updates, Read More →

EUR/JPY, GBP/JPY Breaking Support as European FX Extends Slide

Talking Points: - JPY outperforms all as Euro-Zone periphery fears arise. - EURJPY, GBPJPY, USDJPY all lose major support. - Euro Rebounds Prove Shallow as Euro-Zone Sits on Cusp of Recession There have been few times over the past two-plus years, since ECB President Read More →

US Dollar Looks to Fed-Speak for Direction After Falling Most in a Year

Talking Points: US Dollar Corrects Higher Overnight, Looks for Next Lead in Fed Commentary Aussie Dollar Underperforms as 2-year Yields Drop to Weakest in Two Months Place Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar outperformed in overnight, Read More →

Dollar: Market No Longer Expects a 2015 Rate Hike

Talking Points: Dollar: Market No Longer Expects a 2015 Rate Hike British Pound Tumbles Despite Strong Employment Data Euro Financial and Sovereign Risks Creep Back In Dollar: Market No Longer Expects a 2015 Rate Hike The Dow Jones FXCM Dollar Index (ticker = USDollar) suffered Read More →