FX News

Talking Points: - USDJPY breakout valid above NFP swing low of 104.65/70. - USDCAD breakout, inv H&S begins above 1.1100. - Euro Punished by ECB’s New Measures as QE Remains on Hold The US Dollar has mainly benefited against the European currencies the past Read More →

Talking Points: Dollar Launched Higher to Start the Week British Pound Faces Unexpected Risk in Scottish Referendum Euro Investor Confidence Drops the Most in Three Years Dollar Launched Higher to Start the Week While a particularly sharp move for GBPUSD contributed heavily to the Dollar’s Read More →

Talking Points Gold and Silver At A Crossroads Near Key Technical Levels Crude Oil May Be Left Lacking Bullish Cues Amid Void Of Data WTI Faces Make-Or-Break Moment As Prices Compress The precious metals are marginally weaker in Asian trading (silver -0.16%, palladium -0.56%) Read More →

Talking Points GBPJPY Sunday Gap / Monthly opening range setup Gap low rebounds off key near-term support- rally to offer short entries GBPJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY Gaps below key support on the Sunday open Descending pitchfork formation in play- Read More →

Talking Points: - GBP/USD Hit by Scotland Referendum; BoE Governor Carney in Focus - Gold Downside Targets Remain Favored as Bearish Patterns Remain in Play - USDOLLAR Risks Larger Correction as RSI Divergence Takes Shape For more updates, sign up for David's e-mail distribution Read More →

- US Dollar surges higher versus Euro, Yen, and British Pound - Strong correlations to volatility mean that the Dollar could continue higher - We’re eyeing key Breakout trades in USD pairs ahead The US Dollar has surged to fresh yearly highs versus Read More →