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US Dollar Eyeing Durable Goods, Consumer Confidence Data to Fuel Rally

Talking Points: Japanese Yen Rebounds as Nikkei 225 Decline Boosts Safe-Haven Demand US Dollar Eyeing Durable Goods, Consumer Confidence Data to Fuel Gains See Economic Releases Directly on Your Charts with the DailyFX News App The Japanese Yen outperformed, rising as much as 0.2 Read More →

AUDCHF Gap Setup- 8545 Resistance Critical

Talking Points AUDCHF testing 2014 high Opening range / Sunday gap setup to validate scalp bias AUDCHF Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDCHF gaps into 2014 highs / key resistance 8534/45- bearish invalidation Breach targets resistance objectives at 8583, 8638 & 8700 Support Read More →

EUR at Risk on Slowing CPI- USDOLLAR Gaps Into Former Support

Talking Points: - EUR/USD Vulnerable Ahead of ECB Meeting Amid Growing Risk for Deflation - GBP/USD Rebounds From Channel Support; RSI Holds in Overbought Territory - USDOLLAR Remains Overbought; Fails to Clear Former Support For more updates, sign up for David's e-mail distribution list. EUR/USD Struggles Read More →

USDOLLAR in at 6-Month High after Jackson Hole; USD/CHF Hits Target

Talking Points: - USDOLLAR Index at highest level since 2/7/2014. - USDCHF opens week in 0.9160/89 target zone. - US Dollar strength in August shouldn't surprise - it's a seasonally strong month. The Jackson Hole Economic Policy Symposium has yielded bullish results for the Read More →

Gold Resumes Descent As USD Bulls Return, Crude Oil Lacking Fuel

Talking Points Crude Oil Consolidates As Traders Look Past Geopolitical Turmoil Precious Metals Drifting Lower On Yellen-Inspired USD Strength Silver Marching Towards $19.00 Alongside Bearish Tech. Signals Crude oil traders are likely catching their breath after several weeks of sharp declines for the commodity. Read More →

Euro Exposed to Fresh Lows as Draghi Invites New QE Speculation

Euro Exposed to Fresh Lows as Draghi Invites New QE Speculation
Fundamental Forecast for Euro: Neutral - The early week EURUSD consolidation gave way to a breakdown in the triangle by Wednesday. - The Jackson Hole Read More →