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US Dollar Sinks Toward Trend Support, SPX 500 Still Flat

Talking Points: US Dollar Falters at Resistance, Moves to Channel Support S&P 500 Still Oscillating in a Narrow Consolidation Range Crude Oil Hits One-Month High, Gold Prices Find Support Can’t access to the Dow Jones FXCM US Dollar Index? Try the USD basket on Read More →

Canada Retail Sales to Spur Pullback While USDCAD Eyes Higher High

- Canada Retail Sales to Rebound 0.2% in November - Household Spending as Increased Seven Times in 2013 Trading the News: Canada Retail Sales A rebound in Canada Retail Sales may spark a near-term correction in the USDCAD as it raises the fundamental Read More →

Forex: Euro Gains May Prove Short-Lived After Improved PMI Data

Talking Points: Euro May Not Find Lasting Support in Upbeat Headline PMI Result Aussie Dollar Sold as Soft Chinese PMI Data Weighs on RBA Outlook Japanese Yen Outperforms as Nikkei Drop Fuels Safe-Haven Demand The preliminary set of January’s Eurozone PMI figures headlines the Read More →

Forex: Can the Dollar Hold Steady Until the Fed?

Talking Points: Can the Dollar Hold Steady Until the Fed? British Pound Surges as Market Sees BoE Bending On Rate Hold Euro Pairs Next in Line for Event-Driven Volatility Can the Dollar Hold Steady Until the Fed? Breakouts are best served by an optimal mix Read More →

USDCHF Scalp Setup Eyes Channel Support- Bullish Above 9080

Talking Points USDCHF stalls after achieving primary targets- 9153 resistance Weekly opening range in focus- Break to validate near-term scalp bias Broader outlook remains weighted to the topside above 8980 USDCHF Daily Chart Chart Created Using FXCM Marketscope 2.0 Broader Technical Outlook USDCHF achieves all three resistance Read More →

Graphic Rewind: US Dollar Falls to a Weekly Low Despite Lack of Local News

Talking Points: US Dollar falls to a new weekly low despite a lack of releases this week Greenback posts losses against the Aussie on higher inflation A look back at the past 24 hours of Forex trading using movements in the US Dollar Read More →