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Dollar Run Cools as Liquidity Fills Out…But it Doesn’t Turn

Talking Points: Dollar Run Cools as Liquidity Fills Out…But it Doesn’t Turn Euro Struggling to Match Pace of Local Capital Markets British Pound Drops after Mixed Data, GBPUSD Faces 1.6800 Dollar Run Cools as Liquidity Fills Out…But it Doesn’t Turn The dollar is doing well Read More →

GBPUSD Scalps Selling Rallies into May Range Lows- Key Support 1.6750

Talking Points GBPUSD testing November channel support Technical reversal pattern shifts near-term focus Major event risk from US this week GBPUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD breaks below weekly opening range on outside reversal day- bearish Key support objective 1.6726/55, 1.6652/63- bullish Read More →

AUD/JPY Carving Lower High as Rebound Stalls at Former Support

Talking Points: - USDOLLAR Rebound at Risk as 1Q GDP Contracts; RSI in Focus - AUD/JPY Fails to Push Above Former Support (0.9430-50); Lower High in Place? - XAU/USD Breaks Down; Close Below Support to Favor Further Decline Despite the limited reaction to the Read More →

Forex: Euro at Risk as Dovish Commentary Stokes Easing Speculation

Talking Points: Franc Likely to Look Past Trade Figures, Euro at Risk on Dovish Commentary US Dollar Looking to Consumer Confidence, Durables Data to Drive Recovery Aussie and NZ Dollars Advanced on Firming Risk Appetite in Overnight Trade The economic calendar remains quiet in Read More →

Dollar: Will Traders Translate Heavy Data into Volatility?

Talking Points: Dollar: Will Traders Translate Heavy Data into Volatility? Euro Jumps to Start the Week After EU Vote Yen Crosses Trailing Equities In Uneven Risk Bid Dollar: Will Traders Translate Heavy Data into Volatility? A curb on liquidity has hurt the greenback as the Read More →

Key Events on the Economic Calendar This Week Include US GDP and Japan CPI

Talking Points: US Dollar on the Verge of a Serious Reversal – But can it Make the Turn? USD/JPY Bearish Setup to Take Shape on Japan CPI, Dismal U.S. 1Q GDP USDJPY Failed Breakdown; 101.35 and 103.25 are Range Trading Levels Traders may overlook Read More →