Menu

Latest Articles

EUR/USD and USD/JPY Setups After Another Weak NFPs

Talking Points: - EURUSD rallies up and through 1.3600 on headline NFP miss. - USDJPY dip and rip as QE3 taper looks on track. - European currencies look better positioned now; Yen allure fading. To keep up with developments regarding US economic data, the Read More →

Graphic Rewind: Five Straight Days of Losses Leaves USD at a Three-Week Low

Talking Points: Changes in tone at the RBA and ECB send respective currencies higher against the dollar Weak NFP’s and ISM Manufacturing dragged the greenback lower A look back at the past week of Forex trading using movements in the US Dollar Index: US Read More →

USDOLLAR Searching for Support- GBP Poised for Fresh Highs (1.6700)

Talking Points: - USDOLLAR Searching for Support on Dismal NFP- 2014 Range at Risk - British Pound Higher Low in Place Ahead of BoE Inflation Report? Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10648.16 10675.22 10630.54 -0.15 110.64% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Close Below Read More →

Oil Tests Key Resistance, Gold Consolidates Ahead of Upcoming NFP Data

Talking Points Crude Tests Key Resistance Following Rally On Upbeat Jobless Figures Beat on NFPs May Bolster Risk Appetite and Support Further Gains For Oil Silver and Copper Technical Setups May Offer Short Entry Opportunities Crude oil and copper rallied while gold erased early Read More →

Forex: Yen to Rise as Aussie, Kiwi Dollars Fall on Soft US Jobs Data

Talking Points: FX Markets Treading Water in Europe as Traders Wait for US Jobs Data Soft US News-flow vs. Expectations Opens the Door for Downside Surprise Yen to Outperform as Aussie, Kiwi Dollars Sink on Soft Nonfarm Payrolls Currency markets are in quiet consolidation Read More →

Strong U.S. Non-Farm Payrolls (NFP) to Favor Short EURUSD Setup

- U.S. Non-Farm Payrolls to Rise180K, Unemployment Rate to Hold at 6.7% - Will December NFP See Large Upward Revision from 74K? Trading the News: U.S. Non-Farm Payrolls The U.S. economy is expected to add another 180K jobs in January, but another dismal Read More →