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Gold Regains Footing Before US Data, Yet Is There Room For A Recovery?

Talking Points Gold and Silver Find Bids On Safe-Haven Buying As Geopolitical Tensions Flare Crude Oil Supply Glut May Overshadow Russian Production Disruption Fears WTI At A Critical Juncture As Prices Compress Between Key Technical Levels Gold and silver are edging cautiously higher during Read More →

Dollar Rising Too High for Fed’s Liking?

Talking Points: Dollar Rising Too High for Fed’s Liking? Euro Discounts Draghi Talk, Bigger Concerns Looming New Zealand Dollar Suffers Biggest Drop in 15 Months Dollar Rising Too High for Fed’s Liking? Earlier this week, New York Fed President William Dudley remarked that the US Read More →

GBPUSD Range in Focus- Scalps Target Key Inflection Zone at 1.6253

Talking Points GBPUSD fills September gap – halts at Fibonacci resistance Weekly opening range break in focus- break to validate scalp bias Event risk on tap this week GBP/USD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD holding within weekly opening range- just above Read More →

Managing Risk in EUR/USD, AUD/USD – Next Trade is in EUR/AUD

Talking Points: - EURUSD and AUDUSD blow through support targets. - EURAUD makes bullish progress at 8-EMA through downtrend. - Have a bullish (or bearish) bias on the US Dollar, but don’t know which pair to use? Use a USD currency basket. Demand for Read More →

Precious Metals Exposed As USD Regains Drive Before Durable Goods Data

Talking Points Precious Metals Remain At Risk As US Dollar Regains Momentum Crude Oil Recovery May Be Limited As Supply Glut Concerns Linger Platinum Awaiting Close Below 1,308 To Open Jun ’13 Low (1,285) The precious metals are marginally weaker during Asian trading today. Read More →

Dollar’s 11th Week Advance Looking Troubled as Fed Commentary Mixed

Talking Points: Dollar’s 11th Week Advance Looking Troubled as Fed Commentary Mixed Euro Tumbles after ECB President Draghi Reiterates Easing Commitment British Pound: Traders Await BoE Gov Carney’s First Post-Referendum Speech Dollar’s 11th Week Advance Looking Troubled as Fed Commentary Mixed Eleven straight weeks. That Read More →