Sunday, May 31, 2015

GBP/JPY Technical Analysis: Pound Downturn Hinted Ahead

GBP/JPY Technical Analysis: Pound Downturn Hinted Ahead


GBP/JPY Technical Analysis: Pound Downturn Hinted Ahead

Posted: 31 May 2015 03:28 PM PDT

EUR/JPY Technical Analysis: May Top in the Crosshairs

Posted: 31 May 2015 03:28 PM PDT

EUR/USD Faces Week Flush with Event-Driven Volatility

Posted: 31 May 2015 11:35 AM PDT

The calendar is packed on both sides of the pond this week, leaving EURUSD extremely vulnerable to headlines and economic data.

Saturday, May 30, 2015

US Dollar Breakout Velocity Rests with Fed’s Liftoff Outlook after NFPs

US Dollar Breakout Velocity Rests with Fed’s Liftoff Outlook after NFPs


US Dollar Breakout Velocity Rests with Fed’s Liftoff Outlook after NFPs

Posted: 29 May 2015 08:10 PM PDT

Though the USDollar cooled its pace modestly from the strongest weekly advance in two years, the currency nevertheless put in for another impressive advance.

Weekly Trading Forecast: ECB, BoE, NFPs and Much More Ahead

Posted: 29 May 2015 06:50 PM PDT

There is an avalanche of high-level event risk due in the week ahead. Beware volatility and mark the key releases and trends for your trades.

Friday, May 29, 2015

Expect Volatility but Question Trends for Stocks, Dollar, Euro

Expect Volatility but Question Trends for Stocks, Dollar, Euro


Expect Volatility but Question Trends for Stocks, Dollar, Euro

Posted: 29 May 2015 07:01 PM PDT

A few clear trends arose from this past week's markets. One of the most dominant performances was the Dollar's recovery.

Strategy Video: China’s Financial Markets Pose More Immediate Threat than Economy

Posted: 29 May 2015 06:36 PM PDT

There are a number of lurking threats to the global financial system. China is arguably one of the larger risks.

Japanese Yen Stumbles, but is a USDJPY Rally Above ¥124 Justified?

Posted: 29 May 2015 03:40 PM PDT

The Japanese Yen finally broke out of its long-standing range versus the US Dollar and fell to decade-plus lows. Momentum clearly favors further US Dollar gains and Yen losses, but key US event risk and a planned speech from the Bank of Japan offer the potential for volatility in the week ahead.

Daily Observations: Checking in on GBP-crosses, USD-pairs

Posted: 29 May 2015 02:30 PM PDT

Weekly Trading Forecast: ECB, BoE, NFPs and Much More Ahead

Posted: 29 May 2015 01:50 PM PDT

This is an avalanche of high-level event risk due in the week ahead. Be ready for the risk and opportunity.

Australian Dollar Volatility Ahead on RBA, China PMI and US Jobs Data

Posted: 29 May 2015 01:30 PM PDT

The Australian Dollar is bracing for a volatile week ahead, with the RBA in focus domestically while Chinese and US news-flow threatens to deliver external shocks.

Gold Range Carries Into June- Opening Range in Focus Ahead of NFP

Posted: 29 May 2015 01:27 PM PDT

Gold prices are lower for a second consecutive week with the precious metal off by more than 1.2% to trade at 1191 ahead of the New York close on Friday.

GBP/USD Carves Bearish Pattern Ahead of BoE Interest Rate Decision

Posted: 29 May 2015 01:20 PM PDT

GBP/USD remains at risk of facing a further decline in the week ahead should the fundamental developments coming out of the U.K. & U.S. heighten bets of seeing the Federal Reserve normalize monetary policy ahead of the Bank of England (BoE).

EUR/GBP Rebound Vulnerable to Dovish ECB

Posted: 29 May 2015 10:45 AM PDT

EUR/GBP extended the rebound from 0.7054 going into the end of May, with the pair due to face key event risks in the days ahead.

EUR/USD Retail FX Crowd Remains Net-Short Ahead of ECB June Meeting

Posted: 29 May 2015 09:20 AM PDT

Despite the failure to retain the near-term bearish formation, the retail FX crowd remains net-short EUR/USD ahead of the ECB’s June 3 interest rate decision.

FX Reversals: USDJPY Moves in Range

Posted: 29 May 2015 06:34 AM PDT

The USDJPY is trading in a 44 pip range, after breaking to a new 2015 high this week. Learn today's trading values with the Chart of the Day!

Trade Setups in USD-pairs Around Q1’15 GDP Revision

Posted: 29 May 2015 03:42 AM PDT

The short-term technicals remain bullish for the US Dollar, even if overdone right now.

Gold Digesting Losses, Crude Oil Selloff Stalls at 4-Month Support

Posted: 29 May 2015 01:48 AM PDT

Gold prices are digesting losses after breaching the $1200/oz figure while crude oil prices arrested losses at support set from mid-January.

Dismal 1Q U.S. GDP Report to Fuel Larger EUR/USD Rebound

Posted: 29 May 2015 01:00 AM PDT

A marked contraction in 1Q U.S. GDP may generate a larger rebound in EUR/USD as it raises the Fed’s scope to further delay the normalization cycle.

US Dollar at Risk on GDP Downgrade, NZ Dollar Down on RBNZ Bets

Posted: 29 May 2015 12:06 AM PDT

The US Dollar may weaken as a downgrade of first-quarter US GDP data weighs on Fed rate hike bets. The New Zealand Dollar fell on building RBNZ easing speculation.

USD/JPY Technical Analysis: Yen Hits Lowest Since 2002

Posted: 28 May 2015 10:34 PM PDT

US Dollar Technical Analysis: Win Streak Extends for 5th Day

Posted: 28 May 2015 10:34 PM PDT

EUR/USD Technical Analysis: Euro Recovery Signaled Ahead

Posted: 28 May 2015 10:34 PM PDT

USD/CHF Technical Analysis: Franc Rebound Brewing Ahead?

Posted: 28 May 2015 10:06 PM PDT

GBP/USD Technical Analysis: Eyeing Support Below 1.52 Mark

Posted: 28 May 2015 10:06 PM PDT

EUR/GBP Technical Analysis: Trying to Expose 0.72 Figure

Posted: 28 May 2015 09:50 PM PDT

USD/CAD Technical Analysis: Downturn Hinted Sub-1.25

Posted: 28 May 2015 09:50 PM PDT

NZD/USD Technical Analysis: Kiwi Probing Four-Year Lows

Posted: 28 May 2015 09:25 PM PDT

AUD/USD Technical Analysis: April Floor in the Crosshairs

Posted: 28 May 2015 09:25 PM PDT

GBP/JPY Technical Analysis: Downturn Hinted at 190.00

Posted: 28 May 2015 07:26 PM PDT

Thursday, May 28, 2015

Dollar Will Have its Mettle Tested by GDP, USDJPY Eyeing Equities

Dollar Will Have its Mettle Tested by GDP, USDJPY Eyeing Equities


Dollar Will Have its Mettle Tested by GDP, USDJPY Eyeing Equities

Posted: 28 May 2015 05:05 PM PDT

The Dollar's climb continued this past session as Fed members Williams and Bullard echoed the belief that a 2015 FOMC hike is probable.

Strategy Video: Appraising AUDUSD, USDJPY Breakouts with Fundamentals

Posted: 28 May 2015 04:41 PM PDT

Is USDJPY's massive breakout destined to extend its run or will it suffer the same fate as AUDUSD's 0.7900 move?

AUDUSD & USDJPY in Focus

Posted: 28 May 2015 02:31 PM PDT

NZDUSD SSI Signals Short Breakout

Posted: 28 May 2015 02:21 PM PDT

Using forex technical analysis we can identify which currencies are trending and follow those trends using the DailyFX Plus Breakout2 strategy.

USDJPY Breakout Testing Initial Resistance Ahead of U.S. GDP

Posted: 28 May 2015 02:13 PM PDT

The USDJPY breakout is eyeing down key technical resistance heading into close of May trade. Here are the updated targets & invalidation levels that matter.

EUR/GBP Risks Larger Rebound on Failed Test of March Low

Posted: 28 May 2015 11:45 AM PDT

EUR/GBP may face a near-term rebound following the failure to test the March low (0.7013).

USD/JPY Bullish Formation Favored Despite Overbought RSI Signal

Posted: 28 May 2015 09:15 AM PDT

The bullish breakout in USD/JPY may continue to gather pace in the days ahead as the Relative Strength Index (RSI) pushes deeper into overbought territory.

USDollar Breaks Higher on News

Posted: 28 May 2015 06:10 AM PDT

The USDollar is attempting to close higher for the 5th trading session in a row. Learn today's trading values with the Chart of the Day!

Price & Time: GBP/USD Bucking the Trend?

Posted: 28 May 2015 05:30 AM PDT

USD/JPY touches 12-year high...

Crude Oil Breaks Down from Range, SPX 500 Rebounds at Support

Posted: 28 May 2015 12:07 AM PDT

Crude oil prices broke down from their monthly range while the SPX 500 has rebounded from rising trend support guiding prices since mid-March.

Pound May Overlook UK GDP Upgrade, Aussie Dollar Drops on Capex Data

Posted: 27 May 2015 11:37 PM PDT

The British Pound may not see follow-through on upgraded first-quarter UK GDP data. The Australian Dollar slumped overnight as soft capex data fueled RBA rate cut bets.

GBP/USD at Risk for Rebound on Upbeat 1Q U.K. GDP Report

Posted: 27 May 2015 09:00 PM PDT

A marked upward revision in the U.K. Gross Domestic Product (GDP) report may encourage a near-term rebound in GBP/USD as it raises the outlook for growth and inflation.

USD/JPY Technical Analysis: Eyeing Resistance Above 124.00

Posted: 27 May 2015 08:20 PM PDT

US Dollar Technical Analysis: Bounce Extends to 1-Month High

Posted: 27 May 2015 08:20 PM PDT

EUR/USD Technical Analysis: Euro Snaps 3-Day Loss Streak

Posted: 27 May 2015 08:20 PM PDT

AUD Resuming Downtrend Backed by Sentiment & Volume Analysis

Posted: 27 May 2015 08:00 PM PDT

Learn what patterns are coming together on AUDUSD in volume, sentiment, and indicators.

Australian Dollar Drops as Capex Data Fuels RBA Rate Cut Bets

Posted: 27 May 2015 07:44 PM PDT

The Australian Dollar fell alongside government bond yields as soft Australian capex data fueled RBA interest rate cut speculation.

Wednesday, May 27, 2015

As Dollar Rally Cools USDJPY Nears 13-Year High and EURUSD Retreats

As Dollar Rally Cools USDJPY Nears 13-Year High and EURUSD Retreats


As Dollar Rally Cools USDJPY Nears 13-Year High and EURUSD Retreats

Posted: 27 May 2015 06:56 PM PDT

Picking back up on the drive from last week, the Dollar's strong rally has been a dominant market theme.

Strategy Video: Matching Confidence to Risk for Better Returns

Posted: 27 May 2015 06:34 PM PDT

Do the top performing hedge funds and money managers have well-diversified portfolios or 'concentrated bets' in strong investments?

USD/CHF Technical Analysis: Pausing to Digest Advance

Posted: 27 May 2015 04:52 PM PDT

GBP/USD Technical Analysis: Support Above 1.53 in Focus

Posted: 27 May 2015 04:52 PM PDT

EUR/GBP Technical Analysis: Euro Recovery Hinted Ahead

Posted: 27 May 2015 04:43 PM PDT

USD/CAD Technical Analysis: Rally Slows Below 1.25 Figure

Posted: 27 May 2015 04:43 PM PDT

NZD/USD Technical Analysis: Support Near 0.72 Holds Up

Posted: 27 May 2015 04:33 PM PDT

AUD/USD Technical Analysis: Aussie Drops to Monthly Low

Posted: 27 May 2015 04:33 PM PDT

GBP/JPY Technical Analysis: Pound Moves to 7-Year High

Posted: 27 May 2015 04:13 PM PDT

EUR/JPY Technical Analysis: Euro Gains Most in 3 Weeks

Posted: 27 May 2015 04:13 PM PDT

Buying into USDJPY Strength

Posted: 27 May 2015 01:50 PM PDT

AUDUSD Testing Key Support- Short Scalps Vulnerable Above 7680

Posted: 27 May 2015 01:48 PM PDT

AUDUSD is approaching near-term technical support ahead of key event risk from both the US & Australia. Here are the updated targets & invalidation levels that matter.

USD/CAD at Risk for Breakout as Traders Dismiss BoC Rate Decision

Posted: 27 May 2015 09:55 AM PDT

The near-term advance in USD/CAD may gather pace in the days ahead as the Bank of Canada (BoC) continues to endorse a wait-and-see approach.

US Dollar Targets Fresh Highs versus Yen, Euro - Levels to Watch

Posted: 27 May 2015 07:55 AM PDT

The US Dollar broken key volume-based resistance versus the Euro, Sterling, and Japanese Yen. Here are the key price levels we’re watching next.

EURUSD Support and Resistance Update

Posted: 27 May 2015 06:02 AM PDT

The EURUSD is attempting its 7th close lower in 8 trading sessions. Learn today's day trading values with the Chart of the Day!

Price & Time: Broader Trend Resuming in USD/CAD?

Posted: 27 May 2015 05:30 AM PDT

USD/CAD breaks key Fibo...

USD/JPY Nears Extension Target, USD/CAD Holds Retest Level

Posted: 27 May 2015 04:20 AM PDT

The US Dollar rally the past week has been impressive, but may require a breather soon.

USD/CAD Advance Vulnerable to Upbeat Bank of Canada (BoC)

Posted: 27 May 2015 03:00 AM PDT

A material shift in the Bank of Canada’s (BoC) policy outlook may spur a correction in USD/CAD as Governor Stephen Poloz turns increasingly upbeat on the economy.

Currency Markets Eyeing G7 Meeting with Greece Fears in Focus

Posted: 26 May 2015 10:45 PM PDT

Currency markets are likely to remain pre-occupied with Greece crisis fears in the day ahead, eyeing a meeting of G7 policymakers for direction.

Dollar Rally Extends And Breaks Key Levels Along the Way

Posted: 26 May 2015 09:17 PM PDT

Monetary policy may be a ready contributor to the Dollar’s advance, but fuel is needed for this long burning fire.

Gold Drops Below 1200 Anew, SPX 500 Threatens 2-Month Uptrend

Posted: 26 May 2015 08:28 PM PDT

Gold prices retreated, sinking below the $1200/oz figure once again, while the SPX 500 has threatened to overturn the uptrend in play since mid-March.

USD/JPY Technical Analysis: Prices Hit Highest Since 2007

Posted: 26 May 2015 08:00 PM PDT

US Dollar Technical Analysis: Recovery Regains Momentum

Posted: 26 May 2015 08:00 PM PDT

EUR/USD Technical Analysis: Support at 1.08 in Focus

Posted: 26 May 2015 08:00 PM PDT

USD/CHF Technical Analysis: Franc Sinks to Monthly Low

Posted: 26 May 2015 07:47 PM PDT

Tuesday, May 26, 2015

Dollar Extends Rally and Breaks Through On EURUSD, GBPUSD and USDJPY

Dollar Extends Rally and Breaks Through On EURUSD, GBPUSD and USDJPY


Dollar Extends Rally and Breaks Through On EURUSD, GBPUSD and USDJPY

Posted: 26 May 2015 06:11 PM PDT

With the return of liquidity, the Dollar intensified its bullish drive through the past week.

All Trading Involves Luck But Good Traders Attempt to Minimize It

Posted: 26 May 2015 05:32 PM PDT

The best trader and best strategy will always be open to some measure of 'luck' (market conditions).

EUR/GBP Technical Analysis: March Bottom Under Pressure

Posted: 26 May 2015 03:41 PM PDT

USD/CAD Technical Analysis: New Six-Week High Set

Posted: 26 May 2015 03:41 PM PDT

NZD/USD Technical Analysis: Double Bottom in the Crosshairs

Posted: 26 May 2015 03:26 PM PDT

AUD/USD Technical Analysis: Support Now Below 0.77

Posted: 26 May 2015 03:26 PM PDT

GBP/JPY Technical Analysis: Waiting to Confirm Topping

Posted: 26 May 2015 02:51 PM PDT

EUR/JPY Technical Analysis: Euro Snaps 6-Day Loss Streak

Posted: 26 May 2015 02:51 PM PDT

USDCAD Scalps Face 1.25 Key Resistance Ahead of BoC, GDP

Posted: 26 May 2015 12:32 PM PDT

The USDCAD rebound is now approaching near-term technical resistance ahead of key event risk this week. Here are the updated targets & invalidation levels that matter.

USD/JPY Marks First Overbought Signal in 2015; Retail Turns Net-Short

Posted: 26 May 2015 09:40 AM PDT

The near-term breakout in USD/JPY may grab increased attention in the days ahead as the bullish RSI momentum gathers pace.

Price & Time:Familiar Pattern In USD/JPY

Posted: 26 May 2015 05:15 AM PDT

USD/JPY touches highest level in almost 8-years...

USDOLLAR Index Bottom Looks Established by Now

Posted: 26 May 2015 03:58 AM PDT

A broad gauge of the US Dollar suggests that the uptrend from last summer may be ready to re-engage.

USD/JPY near 8-year highs

Posted: 26 May 2015 03:30 AM PDT

Gold, Crude Oil Waiting for Breakout from Tight Congestion Ranges

Posted: 25 May 2015 10:32 PM PDT

Crude oil and gold prices are looking for a catalyst to spark directional momentum as prices coil up in narrow congestion ranges.

Euro Drops on Greece Fears, Aussie Dollar Rises With Chinese Stocks

Posted: 25 May 2015 09:59 PM PDT

The Euro fell amid renewed worries about Greece-linked instability while the Aussie Dollar rose alongside Chinese stock exchanges in overnight trade.

USD/JPY Technical Analysis: March Top Under Pressure

Posted: 25 May 2015 08:33 PM PDT

US Dollar Technical Analysis: Probing at Monthly Highs

Posted: 25 May 2015 08:33 PM PDT

EUR/USD Technical Analysis: Sellers Overcome 1.10 Figure

Posted: 25 May 2015 08:33 PM PDT

USD/CHF Technical Analysis: Resistance Below 0.95 in Focus

Posted: 25 May 2015 08:13 PM PDT

GBP/USD Technical Analysis: Selloff Stalls Above 1.54 Figure

Posted: 25 May 2015 08:13 PM PDT

Trading Video: Not a Clean Break for EURUSD or EURJPY

Posted: 25 May 2015 07:18 PM PDT

The holiday drain to start the week didn't do much to ease frayed nerves.