Thursday, April 30, 2015

Trading Video: Are These True Dollar, Equity, Euro Reversals?

Trading Video: Are These True Dollar, Equity, Euro Reversals?


Trading Video: Are These True Dollar, Equity, Euro Reversals?

Posted: 30 Apr 2015 06:16 PM PDT

There are plenty of provocative moves developing in the FX and capital markets. Yet, many of these fledgling efforts are troubled by questionable circumstances for conviction. Coming off an exceptionally weak 1Q GDP reading with a

Strategy Video: Euro Rally Strong but Will it Endure?

Posted: 30 Apr 2015 05:06 PM PDT

Easing tensions on Greece represents a banner for bulls to rally behind. Yet, a break in the deadlock for the country does not mean its troubles are over. Moreover, Greece isn't even the primary weight on the Euro. We focus

USDCAD Breakdown Stalls at Key Support- May Opening Range in Focus

Posted: 30 Apr 2015 10:48 AM PDT

USDCAD has responded to near-term support heading into the close of the month with the short-bias now at risk. Here are the updated targets & invalidation levels that matter.

USD/JPY Carves Lower-Highs in April; Bearish RSI Momentum in Focus

Posted: 30 Apr 2015 09:15 AM PDT

Despite the near-term rebound in USD/JPY, the pair remains vulnerable to a further decline as the pair continues to carve bearish patterns going into May.

US Dollar Remains a Sell versus the Euro Until this Changes

Posted: 30 Apr 2015 07:25 AM PDT

Retail forex traders remain heavily long the US Dollar, and a contrarian view of crowd sentiment leaves us in favor of selling into declines.

British Pound Forecast Mixed versus Yen

Posted: 30 Apr 2015 07:20 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the GBPJPY may continue higher. The trading crowd has grown less net-short from yesterday but unchanged since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

New Zealand Dollar Remains Close to Key Resistance

Posted: 30 Apr 2015 07:20 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the NZDUSD may continue higher. The trading crowd has grown less net-short from yesterday but unchanged since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

Australian Dollar Forecast Unclear On Major Sentiment Shift

Posted: 30 Apr 2015 07:20 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the AUDUSD may continue higher. The trading crowd has grown less net-short from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

US Dollar Likely to Test Key Support versus Yen

Posted: 30 Apr 2015 07:20 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the USDJPY may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

British Pound Forecast to Trade Higher

Posted: 30 Apr 2015 07:20 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the GBPUSD may continue higher. The trading crowd has grown less net-short from yesterday but unchanged since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

Forex Crowd Sentiment Points to Further Euro Gains

Posted: 30 Apr 2015 07:20 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the EURUSD may continue higher. The trading crowd has grown further net-short from yesterday and last week. The combination of current sentiment and recent changes gives a further bullish trading bias.

Price & Time: Kiwi Impasse

Posted: 30 Apr 2015 05:30 AM PDT

NZD/USD closing in on key downside pivot...

EUR/USD, USDOLLAR Reach Major Technical Levels

Posted: 30 Apr 2015 04:13 AM PDT

The EURUSD rally the past few days puts it back at former range support.

Crude Oil May Turn Lower, SPX 500 May Have Set a Double Top

Posted: 30 Apr 2015 12:12 AM PDT

Crude oil prices may be readying to turn downward anew while the SPX 500 could have established a double top below the 2200 figure.

Yen Gains as Fed Fuels Risk Aversion, NZ Dollar Drops on RBNZ

Posted: 29 Apr 2015 11:38 PM PDT

The Japanese Yen rallied amid risk aversion amid worries the Federal Reserve remains on track to raise rates this year despite slowing US economic growth.

GBP/JPY Technical Analysis: Pound Rises to 8-Week High

Posted: 29 Apr 2015 09:36 PM PDT

EUR/JPY Technical Analysis: Eyeing Resistance Above 131.00

Posted: 29 Apr 2015 09:36 PM PDT

NZD/USD Technical Analysis: 6-Week Trend Line Challenged

Posted: 29 Apr 2015 09:31 PM PDT

AUD/USD Technical Analysis: Digesting Gains Below 0.81

Posted: 29 Apr 2015 09:31 PM PDT

EUR/GBP Technical Analysis: Holding Onto Short for Now

Posted: 29 Apr 2015 08:19 PM PDT

USD/CAD Technical Analysis: Prices Pause to Digest Losses

Posted: 29 Apr 2015 08:19 PM PDT

USD/CHF Technical Analysis: Sellers Now Aiming Below 0.93

Posted: 29 Apr 2015 07:30 PM PDT

GBP/USD Technical Analysis: Test Above 1.55 Seen Ahead

Posted: 29 Apr 2015 07:30 PM PDT

USD/JPY Technical Analysis: Still Lacking Direction Cues

Posted: 29 Apr 2015 07:27 PM PDT

US Dollar Technical Analysis: Selloff Extends for Sixth Day

Posted: 29 Apr 2015 07:27 PM PDT

Wednesday, April 29, 2015

Video: Dollar Tumble Thrown Into Doubt, A Second Wave Of Risk Ahead

Video: Dollar Tumble Thrown Into Doubt, A Second Wave Of Risk Ahead


Video: Dollar Tumble Thrown Into Doubt, A Second Wave Of Risk Ahead

Posted: 29 Apr 2015 05:07 PM PDT

The USDollar is now down for six consecutive trading days.

New Zealand Dollar Sinks as RBNZ Opens Door to Rate Cuts Ahead

Posted: 29 Apr 2015 03:42 PM PDT

New Zealand Dollar dropped more than 1 percent against its US counterpart after the Reserve Bank of New Zealand signaled it may be readying to cut interest rates.

Video: Dollar Fundamental Bearing Black-and-White or Shades of Grey?

Posted: 29 Apr 2015 02:26 PM PDT

For some, when a market doesn't react as 'expected' to fundamentals, they abandon the analysis altogether.

NZD/USD Holds Resistance Ahead of RBNZ- FOMC Spurs Relief USD Bounce

Posted: 29 Apr 2015 12:45 PM PDT

The near-term outlook for NZD/USD hinges on the Reserve Bank of New Zealand (RBNZ) rate decision as the pair sits at near-term resistance.

EUR/USD Breaks Out Ahead of FOMC- 1.1300 in Focus

Posted: 29 Apr 2015 08:15 AM PDT

The near-term breakout in EUR/USD may gather pace going into May should the Federal Reserve talk down expectations for a mid-2015 rate hike.

US Dollar Breaks Key Support - Here are Levels to Watch Next

Posted: 29 Apr 2015 07:35 AM PDT

The US Dollar has broken important volume-based support versus the Euro, Sterling, Australian Dollar, and Canadian Dollar. Here are levels we’re watching next.

Day Trading the EURUSD GDP Breakout

Posted: 29 Apr 2015 06:55 AM PDT

The EURUSD is attempting to break higher after this mornings GDP relase. Find out toda's day trading values with the Chart of the Day.

EUR/USD Blows Through $1.1050 after US GDP Disappoints at +0.2%

Posted: 29 Apr 2015 06:15 AM PDT

The US economy ground to a halt in Q1’15.

Price & Time: Key Levels to Watch Ahead of the FOMC

Posted: 29 Apr 2015 05:30 AM PDT

Attitude shift in Gold or just a position squeeze?

Trade Setups and Preview for US GDP, FOMC Meeting

Posted: 29 Apr 2015 04:30 AM PDT

Here's where the US Dollar stands after several days of selling, ahead of two big data and events today.

US Dollar Selloff Likely to Continue on Status-Quo FOMC Statement

Posted: 28 Apr 2015 10:52 PM PDT

The US Dollar is likely to continue trading lower after a status-quo Fed policy announcement leaves makers without fresh fuel to power rate hike speculation.

USD/JPY Technical Analysis: Waiting for Event Risk Cues

Posted: 28 Apr 2015 10:31 PM PDT

US Dollar Technical Analysis: Prices Drop Most in a Month

Posted: 28 Apr 2015 10:31 PM PDT

Gold Eyes Monthly Top, SPX 500 Chart Warns of Downturn Ahead

Posted: 28 Apr 2015 10:07 PM PDT

Gold prices seem poised for a retest of monthly highs while SPX 500 technical positioning continues to warn of a possible reversal downward ahead.

USD/CHF Technical Analysis: Sideways Drift Continues

Posted: 28 Apr 2015 10:01 PM PDT

GBP/USD Technical Analysis: Aiming at February Swing Top

Posted: 28 Apr 2015 10:01 PM PDT

EUR/USD Technical Analysis: Approaching Pivotal Range Top

Posted: 28 Apr 2015 09:31 PM PDT

NZD/USD Technical Analysis: Monthly High Under Pressure

Posted: 28 Apr 2015 09:31 PM PDT

AUD/USD Technical Analysis: Aussie Gains Most in 15 Months

Posted: 28 Apr 2015 09:31 PM PDT

EUR/GBP Technical Analysis: Stalling Above 0.71 Figure

Posted: 28 Apr 2015 09:31 PM PDT

USD/CAD Technical Analysis: Loonie Hits Three-Month High

Posted: 28 Apr 2015 09:31 PM PDT

GBP/JPY Technical Analysis: Rally Continues for Third Day

Posted: 28 Apr 2015 09:25 PM PDT

EUR/JPY Technical Analysis: Eyeing Resistance Above 131.00

Posted: 28 Apr 2015 09:25 PM PDT

Dollar Tumbles…Before the Fed and GDP

Posted: 28 Apr 2015 07:43 PM PDT

The combination of Wednesdays 1Q US GDP report and the deliberations of the FOMC rate decisioncould have provided the potent mix necessary to revive the flagging bid or signal a fundamental shift that gave definitive reason for throwing in the hat and sparking a lasting reversal

Tuesday, April 28, 2015

Video: Dollar Breaks Before Fed, Greece and RBNZ Other Key Events

Video: Dollar Breaks Before Fed, Greece and RBNZ Other Key Events


Video: Dollar Breaks Before Fed, Greece and RBNZ Other Key Events

Posted: 28 Apr 2015 06:40 PM PDT

Tension is high and market potential is likely off the charts for the US event risk ahead. Yet, that isn't the only theme and event risk to watch for moving forward.

Video: Dollar Scenarios and Pairings for GDP and FOMC Release

Posted: 28 Apr 2015 05:48 PM PDT

A critical combination of data is due for the Dollar over the next 24 hours: 1Q US GDP and the FOMC rate decision. Relative monetary policy has proven one of the most capable fundamental drivers for the financial system through the past year, and the US has

DailyFX Technical Strategy: 4/28/2015

Posted: 28 Apr 2015 12:51 PM PDT

Friday’s drop and Monday’s reversal triggers a bear trap (the trap being that Friday’s drop completed a short term bearish continuation pattern). Look towards 1300.

AUDJPY Breakout Scalps Target 200 DMA Ahead of BoJ, China PMI

Posted: 28 Apr 2015 12:47 PM PDT

AUDJPY has broken through significant technical resistance with our scalp bias weighted to the topside. Here are the updated targets & invalidation levels that matter.

USDOLLAR Breakdown; Look Towards 11620/40

Posted: 28 Apr 2015 10:55 AM PDT

Crude Consolidating on Support

Posted: 28 Apr 2015 10:55 AM PDT

Gold Springs a Bear Trap

Posted: 28 Apr 2015 10:55 AM PDT

USD/CHF Consolidates above Support

Posted: 28 Apr 2015 10:55 AM PDT

USD/CAD Could Bounce Near 1.1900

Posted: 28 Apr 2015 10:55 AM PDT

USD/JPY Probes Range Floor

Posted: 28 Apr 2015 10:55 AM PDT

NZD/USD Pressing Resistance…Again

Posted: 28 Apr 2015 10:55 AM PDT

AUD/USD Broadening Bottom Confirmed

Posted: 28 Apr 2015 10:55 AM PDT

GBP/USD First 6 Day Rally Since December 2013

Posted: 28 Apr 2015 10:55 AM PDT

EUR/USD Focus is on 1.1270

Posted: 28 Apr 2015 10:55 AM PDT

Forex Correlations: Japanese Yen Forecast to Track US Treasury Yields

Posted: 28 Apr 2015 10:55 AM PDT

The Japanese Yen remains strongly correlated to US Treasury Yields, and a strong link suggests the USD/JPY exchange rate will rally if US interest rates continue higher.�

GBP/USD Continues to Carve Bullish Series as Retail FX Remains Short

Posted: 28 Apr 2015 09:10 AM PDT

Despite the fresh monthly high in GBP/USD, retail FX appears to be fading the near-term advance as the crowd remains net-short the pound-dollar.

USDJPY Moves on Daily Values of Support

Posted: 28 Apr 2015 07:11 AM PDT

After trading in a 39 pip range, the USDJPY is currently testing key points of support. Find out today's day trading values with the Chart of the Day!

Price & Time: Patterns Patterns Everywhere

Posted: 28 Apr 2015 05:30 AM PDT

USDOLLAR breaches range lows...

USD Weakness Sets in as GBP Extends, Readies for Gains

Posted: 28 Apr 2015 04:10 AM PDT

The British Pound looks primed to extend its gains and in one case, begin an explosive breakout move.

NZD/USD Candlestick Analysis: Struggling Below 0.77 Figure

Posted: 27 Apr 2015 10:55 PM PDT

GBP/USD Candlestick Analysis: Rebound Begins as Expected

Posted: 27 Apr 2015 10:53 PM PDT

EUR/USD Candlestick Analysis: Awaiting Upside Follow-Through

Posted: 27 Apr 2015 10:52 PM PDT

AUD/USD Candlestick Analysis: Aussie Recovery Under Way?

Posted: 27 Apr 2015 10:50 PM PDT

USD/CAD Candlestick Analysis: Waiting for Long Trade Setup

Posted: 27 Apr 2015 10:49 PM PDT

USD/JPY Candlestick Analysis: Support Below 119.00 in Focus

Posted: 27 Apr 2015 10:48 PM PDT

Monday, April 27, 2015

Video: No Follow Through On Equity Breakout, Greece Troubles Continue

Video: No Follow Through On Equity Breakout, Greece Troubles Continue


Video: No Follow Through On Equity Breakout, Greece Troubles Continue

Posted: 27 Apr 2015 06:11 PM PDT

A breakout from US equities and passed deadline from Greece don't seem to be generating the market response we would expect.

USD/JPY Technical Analysis: Still Stalling Near 119.00 Level

Posted: 27 Apr 2015 05:26 PM PDT

US Dollar Technical Analysis: Drop Extends for Fourth Day

Posted: 27 Apr 2015 05:26 PM PDT

EUR/USD Technical Analysis: Resistance Above 1.10 Beckons

Posted: 27 Apr 2015 05:26 PM PDT

USD/CHF Technical Analysis: Sideways Drift Continues

Posted: 27 Apr 2015 04:52 PM PDT

GBP/USD Technical Analysis: Rally Extends for 5th Session

Posted: 27 Apr 2015 04:52 PM PDT

Changes in Monetary Policy Standings this Week Can Generate Huge FX Trends

Posted: 27 Apr 2015 04:11 PM PDT

In the past year, EURUSD dropped 3,500 pips, GBPUSD has tumbled 2,600 pips and the Yen crosses have tumbled in concert.

EUR/GBP Technical Analysis: Short Trade Remains in Play

Posted: 27 Apr 2015 03:24 PM PDT

USD/CAD Technical Analysis: Support Above 1.20 Exposed

Posted: 27 Apr 2015 03:24 PM PDT

NZD/USD Technical Analysis: Attempting to Regain Footing

Posted: 27 Apr 2015 03:14 PM PDT

AUD/USD Technical Analysis: All Eyes on 0.79 Figure Again

Posted: 27 Apr 2015 03:14 PM PDT

GBP/JPY Technical Analysis: Next Upside Hurdle Above 182

Posted: 27 Apr 2015 03:09 PM PDT

EUR/JPY Technical Analysis: Euro Clears Trend Resistance

Posted: 27 Apr 2015 03:09 PM PDT

Scalp Webinar: USD Risks Fresh Lows Ahead of Slowing GDP, FOMC

Posted: 27 Apr 2015 11:13 AM PDT

Highlighted setups covered in today’s webinar with the USD in focus ahead of major event risk this week. Here are the updated targets & invalidation levels that matter.

COT-Crude Oil Small Traders Flip to Net Long Position

Posted: 27 Apr 2015 10:29 AM PDT

Small speculators in crude oil flipped to a net short position the week after the low. The most recent data indicates that the same group is now net long.

USD/JPY Continues to Carve Lower-Highs Despite Japan Ratings Cut

Posted: 27 Apr 2015 09:30 AM PDT

The series of lower highs & lows in USD/JPY may produce a further decline in the exchange rate amid bets for a further expansion in the BoJ’s QQE program.

US Dollar Tests Key Support on Big Week for FX Markets

Posted: 27 Apr 2015 08:00 AM PDT

The US Dollar may continue lower versus the Euro and other key counterparts as traders brace for a big week in forex markets.

Price & Time: Sterling Confluence

Posted: 27 Apr 2015 05:30 AM PDT

GBP/USD reverses from key Fibonacci/Gann price zone...

USD Ranging or Breaking?

Posted: 27 Apr 2015 05:09 AM PDT

More USD Downside Due in Days Ahead?

Posted: 27 Apr 2015 04:11 AM PDT

Q1'15 US GDP and the FOMC meeting on Wednesday don't look to offer support for the buck.

GBP/JPY Technical Analysis: Targeting Above 181.00 Figure

Posted: 27 Apr 2015 12:07 AM PDT

EUR/JPY Technical Analysis: Trend Line Caps Recovery

Posted: 27 Apr 2015 12:07 AM PDT

Gold Nears Top Confirmation, SPX 500 Falls Short of Range Breakout

Posted: 27 Apr 2015 12:03 AM PDT

Gold prices near confirmation of a top while the SPX 500 has fallen just barely short of taking out two-month range resistance.

NZD/USD Technical Analysis: Support Found Below 0.76

Posted: 26 Apr 2015 11:38 PM PDT

AUD/USD Technical Analysis: Range Resistance Back in Play

Posted: 26 Apr 2015 11:38 PM PDT