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US Dollar Traders Focus More on Volatility, Less on Fed

US Dollar Traders Focus More on Volatility, Less on Fed
Fundamental Forecast for Dollar:Bullish The Dollar looks to be jostled by its larger counterparts until rate speculation recovers or risk trends accelerate A drop in Yields Read More →

Euro Squeeze Waits on Draghi Presser ECB Meets Today

Talking Points: - EURUSD daily hammer + positioning points to squeeze potential. - EURJPY ugly below 136.20, EURCAD pretty above 1.4660. - August forex seasonality in QE era supports a stronger US Dollar. Economic data in the Euro-Zone has started to steady in recent Read More →

Crude Oil Stabilizes Near 97.00, Precious Metals Regain Their Shine

Talking Points Crude Oil Selloff Finds Some Reprieve With Light Docket Ahead Precious Metals Regain Their Shine On Elevated Ukrainian Tensions Copper Completes Bearish Double Top Formation, Opens 3.15 Crude oil has managed to regain its footing in Asian trading today with a light Read More →

GBPUSD Shorts at Risk Above 1.68 Heading Into BoE, Inflation Data

Talking Points GBPUSD August opening range takes shape above technical support Possible inflection range 1.6809/25 Event risk on tap heading into next week GBPUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD holding key support / August ORL 1.6808/26- bullish invalidation Key resistance / August Read More →

Most EUR-crosses in Trouble if EUR/JPY Under 136.20- Which One Isn’t?

Talking Points: - EURJPY, EURUSD look to extend recent downside pivots. - EURCAD may be a long candidate above 1.4660. - August forex seasonality in QE era supports a stronger US Dollar. Both EURJPY and EURUSD have started to slip towards major support levels. Read More →

Crude Turns To Inventories, Gold Vulnerable If Ukrainian Concerns Fade

Talking Points Crude Oil Faces Volatility With Inventories Data On Tap Gold At Risk If Traders Look Past Ukrainian Tensions Silver Technicals Prefer Shorts On A Corrective Bounce Crude oil may be set for continued turbulence with US inventories data on tap over the Read More →