Tuesday, December 8, 2015

USD/CNH Technical Analysis: Yuan Drops to 4-Month Low

USD/CNH Technical Analysis: Yuan Drops to 4-Month Low


USD/CNH Technical Analysis: Yuan Drops to 4-Month Low

Posted: 08 Dec 2015 09:09 PM PST

The US Dollar overturned bearish technical cues noted last week, surging to the highest level in over four months against the Chinese Yuan in offshore trade.

NZD/USD Technical Analysis: Waiting for RBNZ to Offer Clarity

Posted: 08 Dec 2015 08:48 PM PST

The New Zealand Dollar move higher as expected after completing a bullish Head and Shoulders bottom chart formation, hitting a six-week high just below the 0.68 figure.

NZD/USD Steady as Chinese CPI Data Expands

Posted: 08 Dec 2015 08:12 PM PST

The New Zealand Dollar did not offer up a big move in reaction to China’s inflation statistics as traders placed more weight in the upcoming RBNZ rate decision.

AUD/USD Technical Analysis: Short Trade Setup Established

Posted: 08 Dec 2015 07:35 PM PST

The Australian Dollar is on the defensive against is US counterpart once again, producing the sharpest two-day losing streak in six weeks.

Gauging Momentum in Equity Drop, Euro Rally; RBNZ Top Event Risk Ahead

Posted: 08 Dec 2015 06:23 PM PST

A steep drop in global stock markets drew global macro traders' attention to a wider 'risk aversion' sentiment in the financial system.

Important Nuances to Consider Trading Monetary Policy Events Like the Fed

Posted: 08 Dec 2015 06:06 PM PST

The EUR/USD's reaction to the ECB rate decision last week signaled that the relative monetary policy fundamental driver so effective with FX wasn't a simple black-and-white catalyst.

DailyFX Technical Focus: 12/8/2015 (SPX500)

Posted: 08 Dec 2015 01:13 PM PST

The SPX500 is at an important short term level. Failure to hold up now and the index doesn't see support for another 40 handles.

USDOLLAR Recent Triangle Resistance Provides Support

Posted: 08 Dec 2015 12:45 PM PST

The USDOLLAR index ended up finding support from former triangle resistance (line that extends off of the April and September highs the line was resistance in October).

Crude – Keep an Eye on 34.00s

Posted: 08 Dec 2015 12:45 PM PST

Gold Holding Up at Downtrend Support

Posted: 08 Dec 2015 12:45 PM PST

USD/CHF Long Term Resistance Line Turned Support (so far)

Posted: 08 Dec 2015 12:45 PM PST

USD/CAD Resistance Turned Support May Provide Resistance Again

Posted: 08 Dec 2015 12:45 PM PST

USD/JPY 21 Day Triangle

Posted: 08 Dec 2015 12:45 PM PST

NZD/USD .6500+- May Provide Support

Posted: 08 Dec 2015 12:45 PM PST

AUD/USD Pops above Big Level then Reverses

Posted: 08 Dec 2015 12:45 PM PST

GBP/USD Downtrend on Daily but at Support on the Weekly

Posted: 08 Dec 2015 12:45 PM PST

EUR/USD-The Line on this Chart is Important

Posted: 08 Dec 2015 12:45 PM PST

Forex Webinar: Trading Price Action with James Stanley

Posted: 08 Dec 2015 12:07 PM PST

GBP/NZD Rebound in Jeapordy as RBNZ/BOE Rate Decisions Loom

Posted: 08 Dec 2015 11:55 AM PST

GBPNZD responded to support and a breach above the weekly opening range needed to validate a reversal. Here are the updated targets & invalidation levels that matter.

EUR/USD Bull-Flag Take Shape While Retail FX Remains Net-Short

Posted: 08 Dec 2015 10:00 AM PST

EUR/USD may continue to retrace the decline from back in October as the pair carves a bullish pattern following the ECB rate decision.

Analyst Pick: A Cut by the RBNZ is Just What EUR/NZD Needs

Posted: 08 Dec 2015 09:00 AM PST

The potential for a significant move in EUR/NZD is there.

Price & Time: NZD/USD – Moment of Truth Awaits

Posted: 08 Dec 2015 08:00 AM PST

NZD/USD embarks on important test, .6785 and .6515 look critical heading into the RBNZ.

US Dollar Holds Pivotal Support - Here are Levels to Watch Next

Posted: 08 Dec 2015 07:55 AM PST

The US Dollar has held major support versus the Euro, Australian Dollar, and British Pound. Here are the levels we’re watching next.

The EUR/USD Trades to Weekly Highs on GDP Data

Posted: 08 Dec 2015 06:25 AM PST

The EUR/USD is rising this morning with Euro-Zone GDP figures being released in line with expectations at 1.6%.

The Commodity Bloodbath Worsens as Downward Pressure Persists in China

Posted: 08 Dec 2015 06:23 AM PST

The past three months have seen an onslaught of negative data, but most global equity bourses are continuing to march higher. Will this last forever?

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