Menu

FX News

GBPAUD Long Scalps Eye Key Resistance- Bullish Above 1.79

Talking Points GBPAUD at near-term resistance 1.8187 – 1.8200 Broader bias remains weighted to the topside above 1.79 Looking to buy dips/breaks of resistance Key data prints out of Australia & UK over the next 24hours GBPAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD Read More →

USD Clears Resistance Ahead of 3Q GDP- AUD at Risk for Lower Low

Talking Points: - USDOLLAR Needs to Close Above Resistance to Maintain Bullish Bias - Australian Dollar Continues to Search for Support; Looking for Lower Low? Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10663.38 10669.31 10613.16 0.45 122.69% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Want to See Read More →

Euro and Pound Resume Rally against Commodity Bloc Despite Softer Data

Talking Points: - UK PMI Construction (NOV): 60.0 versus 62.0 expected. - Euro-Zone GDP (3Q P): -0.4% as expected [y/y]. - Aussie taking a big spill, down over -1% across the board. To keep up with the European data and news as the week Read More →

Euro and Pound Resume Rally against Commodity Bloc Despite Softer Data

Talking Points: - UK PMI Construction (NOV): 60.0 versus 62.0 expected. - Euro-Zone GDP (3Q P): -0.4% as expected [y/y]. - Aussie taking a big spill, down over -1% across the board. To keep up with the European data and news as the week Read More →

Forex: Euro Looks to PMI, GDP Data to Set Stage for ECB Meeting

Talking Points: Euro May Fall if Soft PMI, GDP Data Stoke ECB Easing Speculation Australian Dollar Falls as 3Q GDP Disappoints, Kiwi Dollar Follows Get Real-Time Feedback on Your Trades with DailyFX on Demand! All eyes are on the Euro as a round of Read More →

Forex: Dollar Tumbles as Risk Appetite Slides

Talking Points: Dollar Tumbles as Risk Appetite Slides… Yen Crosses Stumble but Have Yet to Reverse Australian Dollar Mixed Bag after RBA, Now for 3Q GDP Dollar Tumbles as Risk Appetite Slides… Risk appetite was on the retreat this past session led by sizable losses Read More →