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Crude Oil and Copper Stabilize As China Demand Concerns Ease

Talking Points Crude oil and copper stabilize as China demand concerns abate Goldtreads water as traders weigh geopolitical concerns against a USD recovery Bearish technical signals on WTI warn of further declines Crude oil has stabilised above the $101.00 mark in Asian trading today Read More →

Scalping the EURUSD: Breakout or Fakeout?

Talking Points EURUSD March opening range breaks to the topside- bullish Key resistance- 1.3895- Bearish invalidation Weekly opening range forming just below EURUSD Weekly Chart EURUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD Breaches key resistance 1.3800/30range - bullish Breach opens up targets at 1.3895, Read More →

Graphic Rewind: US Dollar Gaps Higher on Weak Chinese Exports

Talking Points: US Dollar gaps higher following Chinese trade data Japanese GDP release fails to move USD/JPY A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar Daily Add the Trading Session Hours Indicator to Read More →

Weak Chinese Data Yields Opportunity in EUR/AUD, USD/CAD

Talking Points: - USDCAD trades in symmetrical triangle - watch 1.1185 and 1.0910. - EURAUD respecting bullish engulfing reversal, needs to hold 1.5275 on pullback. To keep up with developments central banks and their policy changes, be sure to sign up for my Read More →

Copper Plunges to 2014 Low, USD Recovery Weighs On Gold and Silver

Talking Points Copper falls to psychologically-significant 3.000 level Gold dips as NFP upside surprise aids USD recovery “Taper talk” and emerging markets concerns on the radar this week Copper steals the spotlight in today’s commodities report as the metal continues to collapse and has Read More →

Forex: Dollar May Rise on Fed-Speak, Chinese Data Shakes Asian Markets

Talking Points: Quiet European, US Economic Calendars Put Spotlight on “Fed-Speak” US Dollar May Rise if Pro-Taper Evans Comments Follow NFP Report Aussie Falls, Yen Gains as Chinese Exports Fall Most Since August 2009 A quiet economic data docket in European and US trading Read More →