FX News

Talking Points NZDUSD August opening range takes shape above technical support Possible key inflection range 8440/50 Limited event risk on tap this week NZDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDUSD testing critical support ranges 8440/50 & 83985-8416 – bullish invalidation Break targets support Read More →

Talking Points: - EURUSD, USDCHF in ST flags, ready for next moves in trend. - GBPCAD, USDCAD near key resistance levels pre-breakouts. - August forex seasonality in QE era supports a stronger US Dollar. The US Dollar continues to strengthen independent of US yields. Read More →

Talking Points Crude Oil May Consolidate As Traders Await Fresh News Flow Gold Faces Conflicting Cues As Geopolitical Concerns Fade Silver Retains A Bearish Technical Picture Following Extended Decline Crude oil could consolidate over the session ahead as traders look past further reports of Read More →

Talking Points: British Pound Looks to PMI Figures to Inform BOE Rate Hike Speculation US Dollar May Rise as Upbeat ISM Report Feeds Fed Normalization Bets Aussie Dollar Erases Intraday Losses, Trades Flat After RBA Rate Decision July’sUK Services PMIfigure is expected to show Read More →

Talking Points: Dollar Run Stalls as Rates, Risk and Data Moderate British Pound Advances for Only Second Time in 14 Days Australian Dollar: Data Flow Increases with RBA Decision Dollar Run Stalls as Rates, Risk and Data Moderate The Dow Jones FXCM Dollar Index (ticker Read More →

Talking Points EURUSD at risk for near-term reversal heading into August open Key support / July Low / August ORL at 1.3372/93 Major Event risk on tap this week EURUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD holding key support zone 1.3372/93- bullish Read More →