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Natural Gas Prods $4.0 Ahead Of Supply Data, USD Stumble Supports Gold

Talking Points Crude Oil Encounters Selling Pressure On Bearish Inventories Report Gold May Remain Elevated As The US Dollar’s Recovery Falters Silver At A Critical Juncture As It Threatens A Break Above 19.50 Crude oil faced a bumpy session in US trading overnight on Read More →

GBP/USD Risks Larger Rebound as RSI Threatens Bearish Momentum

Talking Points: - Larger GBP/USD Rebound Favored on Bullish RSI Break - AUD/USD Clears 0.93330-40 Resistance Ahead of RBA Policy Meeting - USDOLLAR RSI Falls Back From Overbought, Threatens Bullish Momentum For more updates, sign up for David's e-mail distribution list. GBP/USD Relative Strength Index (RSI) Read More →

US Dollar Remains a Buy Despite Risk of Pullback

- US Dollar breaks significant resistance versus Euro, Yen - We see risk of a short-term EURUSD low next week - Shifts in trends nonetheless leave us in favor of USD strength The US Dollar near multi-year highs against major counterparts. There’s always Read More →

Sharp CAD Reversal Negates USD/CAD Bull Flag, Stuns EUR/CAD, GBP/CAD

Talking Points: - CAD posting large turnaround after Tuesday merger announcement. - USDCAD, EURCAD, GBPCAD all break through significant support. - US Dollar strength in August shouldn't surprise - it's a seasonally strong month. One of our primary focuses during these last few summer Read More →

Crude Oil Turns To Inventories, Silver At A Critical Juncture

Talking Points Crude Oil Turns To Upcoming Inventories Data For Guidance Gold Consolidates As Traders Look Past Geopoltiical Tensions Silver At A Critical Juncture As It Threatens A Break Of 19.50 Gold and Silvercontinue their consolidation in Asian trading today with the precious metals Read More →

NZ, Canadian Dollars Rise as Corporate News-Flow Drives FX Markets

Talking Points: NZ Dollar Outperforms as Upbeat Dairy Exports Bets Bolster RBNZ Outlook Canadian Dollar Gains on M&A Flows After Burger King, Tim Hortons Deal See Economic Releases Directly on Your Charts with the DailyFX News App The New Zealand Dollar outperformed in overnight Read More →