Talking Points GBPJPY at key inflection point / channel support Scalp bias constructive above 173.75 Limited event risk on tap until next week GBPJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY trading within well-defined ascending channel formation- bullish Now testing key Fibonacci/channel support 173.75 July Read More →

Talking Points: - USDOLLAR Preserves Bearish Structure Ahead of FOMC Minutes - USD/CAD Range in Focus Ahead of Canada Employment Report - NZD/JPY Close Above 89.50 to Raise Scope for Higher-High Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10412.42 10423.56 10401.55 0.02 75.99% USDOLLAR(Ticker: USDollar): Downside remains favorable for Read More →

Talking Points: - USDOLLAR holding trend break, USDJPY least cooperative. - EURUSD and USDCAD offer better opportunities today. - July forex seasonals in QE era still working against greenback, however. Better than expected June US labor data may have set the pre-conditions necessary for Read More →

Talking Points Brent Oil Collapses, WTI Steady Ahead of Inventories Data Gold and Silver Face Volatile Session On FOMC Minutes Copper Bulls Hang Hopes On Upcoming Chinese Trade Figures Crude oil faces a make-or-break session as the commodity trades near a technical level of Read More →

Talking Points Brent Oil Collapses, WTI Steady Ahead of Inventories Data Gold and Silver Face Volatile Session On FOMC Minutes Copper Bulls Hang Hopes On Upcoming Chinese Trade Figures Crude oil faces a make-or-break session as the commodity trades near a technical level of Read More →

Talking Points: Dollar Drops Despite a Rise in Volatility, Fed Forecast Standoff Euro Traders Start to Feel Rumbles in Financial System, Greece Again British Pound May not Have Been Cowed by Data but Yields Were Dollar Drops Despite a Rise in Volatility, Fed Forecast Read More →