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Forex: Dollar May Be More Responsive to Strong vs Weak US Jobs Data

Talking Points: Major Currencies Quiet in Asia, Focus Now on US Employment Report Persistent Disappointment is the Established Status Quo for US Releases Dollar May See Disproportionate Response to Good vs. Bad Jobs Data The major currencies are little changed in overnight trade as Read More →

Post-ECB Autopsy and Setups for NFPs – EUR/USD and AUD/USD

Talking Points: - EURJPY long from 141.50, Stops at 142.30 (+80) and 141.50 (0), Target open - EURUSD long from 1.3825, Stop at 1.3715, Target open - AUDUSD long from 0.9090, Stop at 0.9000, Target 0.9500 To keep up with developments central banks and Read More →

Graphic Rewind: US Dollar Falls to a 2-Month Low on ECB Optimisim

Talking Points: US Dollar falls to a 2-month low on ECB Draghi’s optimism Greenback declines against the Aussie on improved retail sales A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 Read More →

USDOLLAR to Target Fresh Low- USDJPY Risks Higher High on Dismal NFP

Talking Points: - USDOLLAR to Eye Fresh Lows as Bearish RSI Momentum Gathers Pace - USDJPY Coming Up Against Key Resistance Ahead of Non-Farm Payrolls (NFP) Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10528.21 10577.2 10528.21 -0.39 134.33% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Needs to Read More →

INR – Rupee Survives Emerging Market Selloff Amid Confidence in RBI

USD/INR - Indian Rupee Currency
RBI’s Raghuram Rajan has stuck true to his rhetoric on how he would handle RBI policy in 2014. Talking Points: -USD/INR remains well supported despite EM selloffs -Confidence in the RBI remains Read More →

GBPUSD at Risk Heading into BoE, NFPs- Key Resistance 1.6754

Talking Points GBPUSD targets critical resistance range- 1.6722/54- Major Inflection Point Focus is on March/weekly opening range- break to validate scalp bias Major event risk on tap from BoE tomorrow & US labor report (NFPs) on Friday GBPUSD Daily Chart Chart Created Using FXCM Marketscope Read More →