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Daily EUR/JPY, EUR/USD Stochastics, MACD Point to Potential Sells

Talking Points: - EURJPY pressing lowest levels since February. - EURUSD technical indicators point to weakness. - July forex seasonals in QE era still working against greenback, however. The Euro hasn't been able to clear its pre-ECB highs from last week, and now technical Read More →

AUD Hangs Hopes On Status Quo RBA Minutes and Strong China Data

AUD Hangs Hopes On Status Quo RBA Minutes and Strong China Data
Hourly Chart - Created Using FXCM Marketscope 2.0 Fundamental Forecast for Australian Dollar: Neutral RBA Minutes unlikely to shift expectations for a “period of Read More →

Euro May Extend Losses on a Downgrade of June’s German CPI Data

Talking Points: Euro May Extend Losses on a Downgrade of June’s German CPI Print British Pound Unlikely to Find Volatility in Construction Output Data Canadian Dollar Narrowly Outperformed in Quiet Asian Trading Hours The final revision of June’s German CPI data headlines the economic Read More →

Gold and Silver Surge On Safe-Haven Demand, Crude Looks To US Data

Talking Points Gold and silver stage upside breakouts as contagion fears spark safe-haven demand Crude oil traders turn to upcoming US data as Middle East supply concerns dissipate Palladium snaps 13th day of gains, pullback to support may offer buying opportunities Gold and silver Read More →

Dollar Torn Between Revived Volatility and Fading Rate Forecasts

Talking Points: Dollar Torn Between Revived Volatility and Fading Rate Forecasts Euro’s Troubles Build as Sovereign and Financial Stability Concerns Revived British Pound: Hike Hopes Face True Test Next Week on CPI, Jobs Dollar Torn Between Revived Volatility and Fading Rate Forecasts Once again, the Read More →

USD Continues to Carve Lower-Highs; Broader EUR/USD Range in Focus

Talking Points: - Bearish USDOLLAR Outlook Remains Favored Amid String of Lower-Highs - EUR/USD Needs Close Below 1.3570-80 to Favor Further Decline - AUD/USD Threatens Bullish Formation Ahead of RBA Minutes Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10409.99 10419.82 10384.82 0.11 115.91% USDOLLAR(Ticker: USDollar): Dow Jones-FXCM U.S. Dollar Read More →