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EUR/USD to Threaten Range, EUR/AUD Risks Fresh Lows on ECB Easing

Talking Points: - USDOLLAR Remains in Holding Pattern- Will NFPs Disappoint? - EUR/USD Resistance/Support in Focus Ahead of ECB Rate Decision - USD/CAD Rally Fizzles on Neutral BoC- Need Close Above 1.0930 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) continues to fall back Read More →

GBP/USD Hammers as MACD Cross Develops. GBP/JPY Tests Range Top

Talking Points: - GBPUSD nears daily MACD crossover below zero line. - GBPJPY attempting to carve out space above channel resistance. - Forex economic calendar littered with US event risk next few days. The British Pound's slow erosion over the past three weeks may Read More →

Dollar Heading into Breakout Pattern Ahead of NFPs

Talking Points: Dollar Heading into Breakout Pattern Ahead of NFPs Euro Traders Enter Bear Trend Moratorium Ahead of ECB Australian Dollar Rallies after 1Q GDP Beats Dollar Heading into Breakout Pattern Ahead of NFPs It always helps the case for a breakout when there is Read More →

Euro to Look Past GDP, PMI Data as ECB Meeting Looms Ahead

Talking Points: Euro May Look Past GDP, PMI Data as Focus Remains on ECB Meeting US Dollar Looking to Extend Advance on Services ISM, Fed Beige Book Aussie Dollar Gains on Upbeat GDP, Loonie Sinks Before BOC Meeting A revised Eurozone GDP report is Read More →

AUD/USD Range at Risk as Australia GDP Picks Up; 0.9330-40 in Focus

- Australia Economy to Grow at Faster Face for Second Straight Quarter. - GDP of 0.9% Would Mark Largest Advance Since 1Q 2012. Trading the News: Australia Gross Domestic Product (GDP) The Australian economy is expected to grow another 0.9% during the first Read More →

EUR/USD Range in Focus Ahead of ECB- AUD/USD Eyes Former Support

Talking Points: - USDOLLAR Previous Day’s Range Despite Positive Data - EUR/USD to Hold Range Ahead of ECB Interest Rate Decision - AUD/USD Range at Risk as Australia 1Q GDP Picks Up The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) pared the decline to Read More →