Menu

FX News

NZDUSD Opening Range Setup- Rally Vulnerable Sub 8850

Talking Points NZDUSD stalls ahead of Record Highs Rally vulnerable sub 8850- interim support 8790 Major Event Risk on tap from US, New Zealand this week NZDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDUSD fails ahead of all-time highs- Rally at risk Sub Read More →

USD Attempts to Break Out Ahead of Fed Testimony- Time to Buy GBP?

Talking Points: - USDOLLAR Threatens Bearish Setup; Yellen Testimony in Focus - GBP/USD Posts Larger Correction Ahead of U.K. CPI; Buy Opportunity? - Bullish AUD/USD Formation at Risk as RBA Toughens Verbal Intervention Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10416.31 10421.32 10403.68 0.06 63.73% USDOLLAR (Ticker: USDollar): Dow Read More →

US Dollar Trading Levels for the Week Ahead

- We’re watching key US Dollar trading opportunities in major FX pairs - Forex volatility remains near record-lows, making a Dollar breakdown unlikely - Until conditions change, we’re watching important trade setups Record-low forex market volatility keeps us focused on tight trading ranges Read More →

Flashbacks of 2010-2012 Haunt the Euro but Systemic Issue Unlikely

Exogenous Threat to Euro Exists as ECB Policy Diverges from BoE, Fed
Fundamental Forecast for Euro: Neutral - The biggest threat to the Euro remains what happens outside of the Euro-Zone. - Technical outlook weakens as Read More →

Weekly Trading Forecast: Will Heavy Event Risk Keep Volatility Levels Rising?

Weekly Trading Forecast: Will Heavy Event Risk Keep Volatility Levels Rising?
US Dollar Ready for Break…But Direction Awaits Volatility or Fed The Dow Jones FXCM Dollar Index (ticker = USDollar) continues to linger conspicuously close Read More →

British Pound May Fall as Soft Inflation Data Undermines BOE Bets

British Pound May Fall as Soft Inflation Data Undermines BOE Bets
Fundamental Forecast for British Pound: Neutral British Pound Rudderless After Non-Event BOE Policy Announcement June CPI May Disappoint, Trimming Rate Hike Bets and Sinking GBP Help Read More →