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Dollar Trying to Stave Off Reversal as IMF Warns of ‘Frothy’ Markets

Talking Points: Dollar Trying to Stave Off Reversal as IMF Warns of ‘Frothy’ Markets Japanese Yen Jumps as Foundation of Risk Shaken British Pound Mixed as Data Shows both Economic Health and Problems Dollar Trying to Stave Off Reversal as IMF Warns of ‘Frothy’ Read More →

Gold Faces Consolidation If FOMC Minutes Fail To Reinvigorate The USD

Talking Points Gold May Find Further Relief If FOMC Minutes Fail To Replenish USD’s Drive Crude Oil Lacking Bullish Fundamental Cues Ahead Of Inventories Data Silver Continues To Be Capped By Critical Technical Barrier At 17.30 WTI crude plunged to a fresh 2014 low Read More →

EURUSD October Opening Range Setup- 1.27 Key Resistance

Talking Points EURUSD October opening range setup- 1.25-1.27 zone in focus Daily RSI warns of waning downside momentum Limited Event risk on tap this week EUR/USD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD monthly opening range in focus: 1.2500-1.2700 Break to validate monthly bias- Read More →

Gold Topside Targets Favored on Bullish RSI Break, USD Correction

Talking Points: - Gold Bullish RSI Break Favors Larger Correction; Former Support Zones in Focus. - USD/CAD Advances on Dismal Canada Building Permits; Inverse Head-and-Shoulders Remains in Play. - USDOLLAR at Risk for Larger Pullback as RSI Falls Back From Overbought Territory. For more Read More →

3 USD Trades to Watch Ahead of FOMC Minutes

Talking Points: - USDJPY is bellwether of market; watch 108.00/25. - AUDUSD, EURUSD respect 13-EMAs, post-ECB/NFP swing highs. - October Forex Seasonality Foretells End of Seasonal USD Weakness The US Dollar has retraced all of its post-NFP gains from Friday. What does this mean Read More →

Dollar Reverses NFP-Inspired Rally

Talking Points: Dollar Reverses NFP-Inspired Rally British Pound Faces Wave of Event Risk, But Volatility… Euro Climbs Despite Troubling Fundamental Data Dollar Reverses NFP-Inspired Rally That didn’t last long. The most recent leg of the greenback rally – inspired by Friday’s NFPs – was largely Read More →