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Gold Bounces Off Range Low Post ECB/NFP- Bearish Sub $1270

Gold Bounces Off Range Low Post ECB/NFP- Bearish Sub $1270
Fundamental Forecast for Gold:Neutral Gold Attempts Recovery, US Dollar Outlook Still Favors the Upside Gold Selling Subsides before Key Support Sign up for DailyFXon Demand For Real-Time Read More →

Japanese Yen to Eyes Range Support on Less-Dovish BoJ

Japanese Yen to Eyes Range Support on Less-Dovish BoJ
Fundamental Forecast for Japanese Yen: Neutral Price & Time: Don’t Forget About the Yen June Forex Seasonality Sees US Dollar Outperformed by Aussie, Euro For Real-Time Updates and Read More →

NZD/USD Breaks Out Ahead of RBNZ- EUR/NZD at Risk for Lower Low

Talking Points: - USDOLLAR Rebounds From 10,470 Pivot (Former Resistance) Following NFPs - USD/JPY Holds Below May High (103.01) Ahead of BoJ Meeting - NZD/USD Breaks Out of Descending Channel Ahead of RBNZ Meeting The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) pared the Read More →

Technical Skies Darken for USD Ahead of NFPs as Key Reversals Seen

Talking Points: - EURUSD, USDCHF key reversals threaten prior USD bullishness. - Majors across the USD spectrum see Slow Stoch, MACD crosses. - June forex seasonality calls for start of USD losing streak in June. If the May US Nonfarm Payrolls report doesn't deliver, Read More →

EUR/USD at Risk of Carving Lower-High on Non-Farm Payrolls (NFP)

- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Fourth Consecutive Month. - 288K Print in April Marked the Highest Print Since January 2012. Trading the News: U.S. Non-Farm Payrolls U.S. Non-Farm Payrolls (NFP) are projected to increase another 215K in May, but Read More →

US Dollar May Mount Swift Recovery as Jobs Data Bolsters Fed Outlook

Talking Points: All Eyes on US May’s US Employment Report into the Week-End US Dollar to Rise if Payrolls Increase Tops Consensus Forecasts High-Yield FX May Suffer Most if US Data Bolsters Fed Outlook Currency markets are likely to look past a round of Read More →