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Bullish EUR/USD Outlook Vulnerable to Dovish ECB Policy

- European Central Bank (ECB)to Hold Benchmark Interest Rate at 0.25% - ECB President Mario Draghi to Deliver Policy Statement at 12:30 GMT Trading the News: European Central Bank Interest Rate Decision According to a Bloomberg News survey, 56 of the 58 economists Read More →

NZDJPY Monthly Opening Range Trade- Bearish Sub 89.50

Talking Points NZDJPY awaits monthly opening range break to validate bias Key support 87.61/90 Updated scalp targets and invalidation levels NZDJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDJPY sets clean May Opening Range 97.90 - 89.28 Break to validate monthly bias Support objectives 87.61/90, 86.59/66 Read More →

Why is FX Volatility So Low, and How do we Trade Inevitable Return?

- Forex volatility prices/expectations fall near their lowest levels on record - Two key factors explain the current lows in volatility - We present our strategy for trading current conditions and the inevitable shift Forex volatility has fallen near record-lows, and it seems Read More →

AUD/USD Outlook Undermined by Bearish RSI – Need Close Below 0.9200

Talking Points: - USDOLLAR Outlook Remains Bearish as Fed Retains Dovish Policy Outlook. - AUD/USD Risks Further Losses as Bearish RSI Momentum Takes Shape. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10397.26 10408.8 10385.66 0.06 82.48% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 See Scope for Larger Read More →

Trading the ST Top in New Zealand Dollar via GBP/NZD and NZD/USD

Talking Points: - New Zealand Dollar restrained by RBNZ Wheeler's intervention remarks. - Japanese Yen continues to rally - watch ¥101.30 versus US Dollar. - Fed Chair Yellen testimony highlights forex economic calendar on Wednesday. To keep up with developments central banks and their Read More →

WTI Vulnerable To Rise In Inventories, Gold Turns To Yellen For Support

Talking Points WTI traders look to upcoming inventories figures for guidance near key resistance Gold prices may remain supported if Yellen testimony fails to wake the US Dollar Palladium continues to tease at an upside breakout above its recent highs Crude oil is teasing Read More →