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Dollar at Critical Support, and We See Strong Risk of a Bounce

- Short-term volatility prices jump ahead of critical event forex event risk - US Dollar trades near significant support ahead of important data - Divergence in key Dollar pairs warns that a reversal may be imminent The US Dollar trades at key support Read More →

Top Tier Economic Data: RBA, ECB and U.S. Non-Farm Payrolls

Talking Points: Australian Dollar at Risk to Correct Lower on Eroding Yield Advantage Euro Eyes 1.37 if ECB Sits Tight US NFP’s to spark volatility ahead of US Holiday The preliminary set of June’s Eurozone CPI figures was largely uneventful for the Euro as Read More →

Gold and Silver Facing Volatile Week With Top-Tier US Data On Tap

Talking Points Top-tier economic data this week offers volatility catalysts Crude oil vulnerable to correction on unfounded supply fears Silver pullback leaves prices at key support near 20.80 Gold and crude oil are staring down a potentially volatile trading week with an abundance of Read More →

Euro May Rise if June CPI Data Tops Forecasts, Denting ECB Easing Bets

Talking Points: Euro May Move Closer to 1.37 vs. USD if June’s Flash CPI Estimate Tops Forecasts US Dollar Has Scope to Rebound on Upbeat Home Sales Figures, Fed Commentary NZ Dollar Fell in Asia as a Drop in Business Confidence Hurt RBNZ Read More →

Don’t Rule out $1.3700 for EUR/USD if ECB Sits Tight

Don’t Rule out $1.3700 for EUR/USD if ECB Sits Tight
Fundamental Forecast for Euro: Neutral - EURGBP,EURJPY, and EURUSD are all at important technical crossroads ahead of the ECB meeting. - The retail trading crowd ended Read More →

Weekly Trading Forecast: Traders Deal with NFPs and a US Holiday Next Week

US Dollar: NFPs Versus Fading Volatility Hope is high amongst traders that the low volatility environment that has forced many to change to a short-term approach or stay sidelined for near-perfect setups will end soon. Volatility is a critical ingredient to Read More →