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ForexPeaceArmy | Sive Morten Gold Daily 08.07.14

Professional Forex Trading analysis by Sive Morten with Forex Peace Army. Videos are recorded fresh daily to help forex traders stay profitable.

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Bullish AUD/USD Setup Vulnerable to Slowing China Inflation

- China Consumer Price Index (CPI) Expected to Slow for Third-time in 2014. - CPI of 2.5% Remains the Highest Reading for This Year. Trading the News: China Consumer Price Index (CPI) A slowdown in China’s Consumer Price Index (CPI) may spark a Read More →

AUDUSD July Range Targets Key Support- Shorts Favored Sub 9440

Talking Points AUDUSD opening range takes shape above key support Scalp bias bearish sub-9440 Event risk on from China, US & Australia AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD reversal off Fibonacci resistance / weekly key outside reversal last week- bearish Monthly opening Read More →

Short-term Reversals Develop in GBP-crosses – Sell Highs or Buy Dips?

Talking Points: - EURGBP, GBPCHF post important reversals at recent extremes. - GBPUSD uptrend since mid-June breaking. - See the DailyFX Economic Calendar for Tuesday, July 8, 2014. The British economy heated up at the end of the second quarter, setting the stage for Read More →

Pound Looks to Industrial Output Data to Drive BOE Policy Speculation

Talking Points: British Pound May Pull Back if Industrial Production Data Disappoints Euro Focused on ECB Commentary on Stimulus Expansion Speculation Australian Dollar Outperformed on Firming RBA Outlook in Asia Trade UK Industrial Production figures headline a relatively quiet economic calendar in European hours. Read More →

Dollar Recovery Grows More Difficult with Fed Speakers on Deck

Talking Points: Dollar Recovery Grows More Difficult with Fed Speakers on Deck Euro Dependency on Volatility Intensifying British Pound and Rate Forecast Strength the Burden of Data to Maintain Dollar Recovery Grows More Difficult with Fed Speakers on Deck The rebound the US Dollar mounted Read More →