Wednesday, August 31, 2016

LMAX Exchange Promotes Queenie Qilin Wang to Head of Asia Pacific

LMAX Exchange Promotes Queenie Qilin Wang to Head of Asia Pacific


LMAX Exchange Promotes Queenie Qilin Wang to Head of Asia Pacific

Posted: 31 Aug 2016 01:51 PM PDT

Mrs. Wang has been a mainstay at LMAX since 2011.

CFTC Commissioner Seeks Last Minute Deferral of Uncleared Swaps Margin

Posted: 31 Aug 2016 12:14 PM PDT

The market has been petitioning for a delay in implementation of these regulations for some time.

G20 Urged to Remove Restrictions on Reporting of Some Derivatives

Posted: 31 Aug 2016 08:22 AM PDT

The regulator has not specifically outlined foreign exchange derivatives for now.

Financial Bonuses Poised to Wither Following Stock Plunge

Posted: 31 Aug 2016 07:43 AM PDT

Bonuses for European financial lenders are slated to fall by years end underpinned by diving revenues and profits.

Doha Bank and Centrum Group Sign MoU to Expand Footprints in India and Gulf

Posted: 31 Aug 2016 07:36 AM PDT

The tie-up will pave the way for a mutual collaboration in broad areas of financial services.

Backbase and Entersekt Team Up for Digital Banking Authentication

Posted: 31 Aug 2016 06:38 AM PDT

Backbase has partnered with Entersekt to offer banks push-based authentication and transaction signing capabilities.

OANDA Appoints Javier Martell as General Counsel and Corporate Secretary

Posted: 31 Aug 2016 06:15 AM PDT

The company has on-boarded the senior legal officer with over 25 years of experience from mobile payments company Boku.

360T Taps Minna Sousa as its Head of Nordic Sales

Posted: 31 Aug 2016 06:04 AM PDT

Ms. Sousa joins 360T to help reinforce the group's focus on client acquisition across the Northern Europe region.

Joining the VIP Club: Implications of RMB Becoming an IMF Reserve Currency

Posted: 31 Aug 2016 05:11 AM PDT

Finance Magnates examines how the IMF adding the RMB to its SDR currencies basket could affect the trading industry.

China Merchants International Corporation Added to SFC Alert List

Posted: 31 Aug 2016 04:42 AM PDT

Hong Kong's SFC has cautioned the public against doing business with another unregulated entity.

H2 Ventures to Launch Fintech Investment Portfolio, H2 Ocean in Australia

Posted: 31 Aug 2016 04:32 AM PDT

H2 Ocean will feature a diverse portfolio of venues as well as a capital raise of between $27.5-55 million.

Japanese Quarterly Volumes Decline Over 20% on post-Brexit JPY Standstill

Posted: 31 Aug 2016 04:24 AM PDT

Sluggish volatility of the Japanese yen and post-Brexit reduction in activity the main reasons behind the drop

SFC Slaps $4 Million Fine on BNP Paribas Wealth Management

Posted: 31 Aug 2016 04:08 AM PDT

The SFC has reprimanded and fined BNP Paribas Wealth Management for overcharging its clients.

What to Do If Your Trading System has Stopped Working?

Posted: 31 Aug 2016 04:03 AM PDT

Conflicting market signals, understanding your tools, and what to do if your trading system stops working.

Deutsche Bank’s CEO Welcomes Deeper Job Cuts up to 30%, Addresses Mergers

Posted: 31 Aug 2016 03:10 AM PDT

There could be pink slips aplenty this fall as Deutsche Bank's management appears to embrace deeper cuts.

Saxo Enhances CFD Index Tracker Offering, Reducing Trading Costs By 30 Percent

Posted: 31 Aug 2016 02:54 AM PDT

Clients can now experience an improved trading experience and a high degree of certainty in terms of trading costs.

American Insurance Giant MetLife Joins R3 Blockchain Consortium

Posted: 31 Aug 2016 02:51 AM PDT

MetLife will explore how blockchain can streamline investments management, processing, payments and distribution.

SWIFT Warns of Cyber Assaults as Multiple Networks Compromised

Posted: 31 Aug 2016 02:47 AM PDT

New attacks have necessitated a response from SWIFT, which sees no decline in the frequency and scale of hacks.

SEC’s Whistleblower Program Crosses $100 Million Threshold

Posted: 31 Aug 2016 01:57 AM PDT

Since its inception four years ago, the whistleblower program has been a resounding success, rewarding over $100m.

JFD Brokers Reduces Commissions on FX and CFDs

Posted: 31 Aug 2016 01:45 AM PDT

The brokerage has announced a series of reductions in its commission charges for traders.

AUD/USD Unispired After China PMI Data, US Jobs Report Looms

AUD/USD Unispired After China PMI Data, US Jobs Report Looms


AUD/USD Unispired After China PMI Data, US Jobs Report Looms

Posted: 31 Aug 2016 07:58 PM PDT

The Australian Dollar showed a mild reaction after better-than-expected Chinese Manufacturing PMI data crossed the wires as U.S. employment figures remain the focus in the near term.

Crude Oil Drops Most in a Month as Inventories Swell

Posted: 31 Aug 2016 05:52 PM PDT

Crude oil prices posted the largest drawdown in a month as EIA inventories data showing a larger-than-expected swell in stockpiles overshadowed supportive OPEC commentary.

August Almost Killed AUD/CHF

Posted: 31 Aug 2016 12:55 PM PDT

August represented the least volatile month so far during 2016 for AUD/CHF. Price action currently hovering above support level on symmetrical triangle. Will September test resistance levels of AUD/CHF ascending channel?

Short DAX

Posted: 31 Aug 2016 12:53 PM PDT

USD/JPY Technical Analysis: Are The Bulls Ready To Rumble?

Posted: 31 Aug 2016 12:29 PM PDT

USD/JPY has moved aggressively higher on twin fears of FOMC hikes and BoJ easing. If USD/JPY clears resistance, upside targets could get hit fast.

Short Swissy at Market

Posted: 31 Aug 2016 12:10 PM PDT

China’s Market News: Yuan Weakens, While Yield Elevates

Posted: 31 Aug 2016 11:53 AM PDT

The PBOC continued to guide Yuan rates as well as onshore borrowing rates.

USD/CHF Technical Analysis: One’s Trend is Another’s Range

Posted: 31 Aug 2016 11:51 AM PDT

Near-term price action in Swissy has been aggressively bullish, but scrolling out on the chart will highlight a longer-term range that could become workable should USD strength recede.

AUD/USD Searches for Support as NFPs Take Center Stage

Posted: 31 Aug 2016 10:59 AM PDT

A string of economic data over the next 48hrs highlights Aussie into the monthly open. Here are the updated targets & invalidation levels that matter heading into the release.

GBP/JPY Technical Analysis: Bullish Channel Runs to Resistance

Posted: 31 Aug 2016 10:45 AM PDT

After the aggressive down-trend failed to set a lower-low, price action in GBP/JPY has been getting more and more bullish, as can be seen in the 650+ pip run in the upward-sloping trend-channel.

GBP/USD Technical Analysis: Carney’s Lament

Posted: 31 Aug 2016 09:59 AM PDT

While the British Pound continues to languish near 30-year lows, a pick-up in inflationary pressure may bring on a contrarian price movement in the coming weeks.

US DOLLAR Technical Analysis: Fed Tempts Dollar Bulls To Bite

Posted: 31 Aug 2016 09:55 AM PDT

After FOMC Vice Chair Stanley Fischer said two hikes are possible in 2016, data has been strong leading to NFP, and USD is set for largest bullish move since the Brexit.

USD/ZAR Breaks Channel Resistance

Posted: 31 Aug 2016 08:29 AM PDT

USD/ZAR is breaking higher today and is pushing outside of the trend channel formed from the beginning of January 2016.

USD/CAD Eyes Topside Hurdles Following Dismal Canada GDP Report

Posted: 31 Aug 2016 08:00 AM PDT

USD/CAD may continue to take out the topside targets following the dismal GDP report as the pair carves a near-term series of higher highs & lows.

Dow Jones Industrial Average Awaits Friday’s Jobs Report

Posted: 31 Aug 2016 07:15 AM PDT

Dow Jones Industrial Average volatility is reaching multi-year lows. Volatility as measured through the average true range (ATR) is at their lowest levels since December 2014.

Gold Prices Sink to Deeper Support, is More Pain to Follow?

Posted: 31 Aug 2016 06:05 AM PDT

Gold prices have been on a rollercoaster this year, but that ride has had a bullish bias with more than 20% worth of gains the year. But with the Fed now talking up higher rates, how much deeper might prices fall?

US Dollar Eyes NFPs on Friday Following ’Goldilocks’ ADP Report

Posted: 31 Aug 2016 05:45 AM PDT

Beating expectations by just +2K, the August US ADP Employment report was ‘just right.’

USDOLLAR at Key Resistance; Euro Hurt by Slipping Inflation Data

Posted: 31 Aug 2016 05:05 AM PDT

The US Dollar has been on a nice little run, but today's data could easily shake confidence ahead of Friday's NFP report.

Silver Prices Consolidate With a Symmetrical Triangle

Posted: 31 Aug 2016 04:46 AM PDT

Silver prices are in a holding pattern, consolidating in the short term with a symmetrical triangle.

Silver Prices: Price Action Contracting, Follow the Break

Posted: 31 Aug 2016 04:06 AM PDT

Short-term triangle developing, waiting for confirmation before taking action.

USD/CAD Levels to Watch Ahead of Canada GDP, Crude Oil Inventories

Posted: 31 Aug 2016 02:53 AM PDT

The USD/CAD is trading around 1.31 as the US Dollar continues to strengthen, and the event risk ahead puts the pair in focus

DAX: Slowly Turning Higher, Line in the Sand Drawn

Posted: 31 Aug 2016 01:35 AM PDT

The DAX is slowly finding bids with clear support in place, sluggish summer trading may be the biggest immediate risk.

EUR/USD Unfazed by German Jobs Report, Euro-Zone CPI Data Ahead

Posted: 31 Aug 2016 01:25 AM PDT

The Euro was little changed versus other majors after today’s German Employment data printed better than expected figures

USD/CAD to Extend Bullish Pattern on Dismal Canada GDP Report

Posted: 31 Aug 2016 01:00 AM PDT

A sharp contraction in Canada 2Q GDP may fuel the near-term advance in USD/CAD as it puts pressure on the BoC to further support the real economy.

NZD/USD Technical Analysis: Six-Week Trend Line Broken

Posted: 31 Aug 2016 12:08 AM PDT

The New Zealand Dollar broke rising trend support set from late July, hinting a downward trend reversal against its US counterpart may be in progress.

Tuesday, August 30, 2016

US Forex Traders Numbers Rise for the First Time Since 2012: Investment Trends

US Forex Traders Numbers Rise for the First Time Since 2012: Investment Trends


US Forex Traders Numbers Rise for the First Time Since 2012: Investment Trends

Posted: 30 Aug 2016 03:44 PM PDT

The latest Investment Trends survey on the habits of US forex traders shows some promising signs

Analysis: The Revival of Unregulated Binary Options Brokers

Posted: 30 Aug 2016 02:35 PM PDT

Following the stricter regulations introduced by CySEC earlier this year, many binary brokers are going rogue

Product Review: Osyspro Aiming to Solve Compliance Problems for Binary Brokers

Posted: 30 Aug 2016 11:34 AM PDT

The solution is also opening the door for a new model that could make the binary options broker business more sustainable.

GBE Brokers Improves B2C Offering, Starts Delivering Liquidity to Brokers

Posted: 30 Aug 2016 10:07 AM PDT

The company now offers 75 FX pairs and 41 CFDs delivering its liquidity via PrimeXM's XCore.

Broadway Technology Secures Daniel Flax as VP of Global Professional Services

Posted: 30 Aug 2016 09:10 AM PDT

Mr. Flax joins Broadway Technologies' New York office as its newest VP.

JPX: Blockchain Technology Can Transform Capital Market Structure

Posted: 30 Aug 2016 07:46 AM PDT

They see no reason to limit the blockchain to currency, as it can replace the existing centralized consensus process.

SFC Adds Investment Firm TCA Financial to its Alert List

Posted: 30 Aug 2016 07:00 AM PDT

Hong Kong's financial watchdog has warned investors against another unlicensed entity for providing inaccurate contact details.

Bats Launches Incentivized Program for ETP Market Makers

Posted: 30 Aug 2016 06:48 AM PDT

Bats has opted to create a more favorable environment for market makers via the launch of a reward program.

Wall Street Veteran Caitlin Long Joins Symbiont as Chairman and President

Posted: 30 Aug 2016 06:27 AM PDT

The smart securities firm has nabbed a managing director in global capital markets from Morgan Stanley.

Federal Reserve Fines Ex-Barclays Trader $1.2m for Forex Manipulation

Posted: 30 Aug 2016 06:00 AM PDT

Christopher Ashton has been fined and banned from participating in the banking industry for his part in manipulating FX rates.

Lykke Wallet Launches Android App Ahead of an Initial Coin Offering

Posted: 30 Aug 2016 05:57 AM PDT

After two rounds of seed funding the blockchain startup now plans an Initial Coin Offering.

Poland Seeks to Tempt Away London Bankers After Brexit

Posted: 30 Aug 2016 04:56 AM PDT

Poland is the latest EU member looking to attract business away from London.

Amercanex Extends ACEpay E-Commerce Solutions to Clients

Posted: 30 Aug 2016 04:09 AM PDT

Amercanex has launched a cashless solution for its client base, which will support ACEpay's e-wallet solution.

Exclusive: VP Sales Meidad Sharon Leaves SafeCharge After 6 Years

Posted: 30 Aug 2016 03:56 AM PDT

Sharon served in a senior management position at the payments company. He leaves to open his own fintech venture.

SGX Looks to Jump Start Listings With Unpopular Share Structuring

Posted: 30 Aug 2016 03:27 AM PDT

The initial report is being met with widespread criticism from investors given the disproportionate level of voting rights levied.

DGCX Looks to Expand Single Stock Offering With Up to 100 Futures by 2017

Posted: 30 Aug 2016 02:31 AM PDT

The DGCX will be reinforcing its stock offering with several new futures from US and Indian companies.

Hong Kong SFC Warns Investors Against Unlicensed Entity IEA Holdings

Posted: 30 Aug 2016 02:27 AM PDT

IEA Holdings is the latest company to be pulled up for soliciting its dubious services to the unsuspecting public.

Ebullio faces bankruptcy at hands of investor

Posted: 30 Aug 2016 02:12 AM PDT

Commodities fund to be liquidated after failure to pay

Citi’s DCM Head Duncan Phillips Parts Ways with Group

Posted: 30 Aug 2016 01:53 AM PDT

Mr. Duncan is leaving Citi after 15 years with the lender, following senior level stints in London, Tokyo, and Hong Kong.

Trade Setups For This Week: EUR/USD, GBP/USD and S&P500, August 29th, 2016

Posted: 30 Aug 2016 01:34 AM PDT

Trade analysis for this week from professional trader and markets expert Nial Fuller.

Dollar Climb Pushes USD/JPY to 103, Gold and Oil Below Support

Dollar Climb Pushes USD/JPY to 103, Gold and Oil Below Support


Dollar Climb Pushes USD/JPY to 103, Gold and Oil Below Support

Posted: 30 Aug 2016 06:38 PM PDT

Despite moving closer and closer to the climax of liquidity drain between structural moral hazard, Summer Lull and the US Labor Day weekend; the Dollar continues its climb.

Speculative Exaggeration Has Led to Risk, Brexit and Volatility Reach

Posted: 30 Aug 2016 06:07 PM PDT

Investment and markets are not always rational. Speculation is a constant presence in the market and sometimes it is a dominant force.

GBP/USD Unchanged As Consumer Sentiment Survey Offsets Business Slip

Posted: 30 Aug 2016 05:40 PM PDT

The British Pound was little changed against its US counterpart after a less gloomy post-referendum consumer confidence survey offset a slide in a business sentiment report.

WTI Crude Oil Price Forecast: Two Week Lows On Dollar’s Strength

Posted: 30 Aug 2016 01:05 PM PDT

WTI Crude Oil (CFD: US Oil) Traded At Two Week Lows Ahead of Wednesday’s DoE Data As USD Strengthens and Iran Continues Producing More Into Algiers.

USD: Bullish Reversal or Retracement in a Bearish Trend

Posted: 30 Aug 2016 11:42 AM PDT

Jackson Hole brought a huge change of pace to a very key market at the moment; but the big question is whether this move has staying power or whether it's but a blip in the radar.

USD/CAD Rally to Face Canada GDP- Support at 1.2965

Posted: 30 Aug 2016 11:27 AM PDT

The advance is approaching near-term resistance ahead of key data tomorrow. Here are the updated targets & invalidation levels that matter heading into the release.

China’s Market News: Mid-Year Reports Reveal Financial Sectors Outlook

Posted: 30 Aug 2016 10:52 AM PDT

Chinese banks, securities companies and real estate firms have all published their semi-annual reports. Here are the highlights:

USDOLLAR Wipes Out August Drop with Last 3 Days

Posted: 30 Aug 2016 10:47 AM PDT

Crude Oil – Support Still Estimated Near 45

Posted: 30 Aug 2016 10:47 AM PDT

Gold Price at Risk of Breaking Down

Posted: 30 Aug 2016 10:47 AM PDT

USD/CHF Soars Back to 200 Day Average

Posted: 30 Aug 2016 10:47 AM PDT

USD/CAD Testing Near Term Trendline Confluence

Posted: 30 Aug 2016 10:47 AM PDT

USD/JPY Head and Shoulders Failure Trigger is Bullish

Posted: 30 Aug 2016 10:47 AM PDT

NZD/USD Meanders after Friday Reversal

Posted: 30 Aug 2016 10:47 AM PDT

AUD/USD Headed for .7400

Posted: 30 Aug 2016 10:47 AM PDT

GBP/USD Post Brexit Range Tightens

Posted: 30 Aug 2016 10:47 AM PDT

EUR/USD Nearing 200 Day Average from Above

Posted: 30 Aug 2016 10:47 AM PDT

Technical Focus: Nikkei Index Ready to Launch

Posted: 30 Aug 2016 09:39 AM PDT

The Nikkei is testing an important price level. Action since February could serve as a base to launch the next major advance so be aware of breakout potential at the current level.

EUR/USD Channels Lower on US News

Posted: 30 Aug 2016 09:30 AM PDT

The EUR/USD is trading at weekly lows after US Consumer Confidence figures posted better than expected.

EUR/USD Risks Further Losses as Shift in Retail Positioning Continues

Posted: 30 Aug 2016 08:00 AM PDT

EUR/USD stands at risk for further losses and may share a similar fate to back in May as retail sentiment comes off of the 2016 extreme.

EUR/USD Continues Intraday Slip after US Consumer Confidence Beats

Posted: 30 Aug 2016 07:37 AM PDT

Rising US Consumer Confidence suggests household spending will continue to support domestic growth

GBP/JPY Following Through on Weekly Support Hold

Posted: 30 Aug 2016 06:39 AM PDT

Fedspeak Drives Dollar Higher, but Will FOMC Actually Hike in 2016?

Posted: 30 Aug 2016 06:30 AM PDT

The saga of Federal Reserve rate-hike expectations continues to drive global markets. With a recent increase in hawkishness, are markets looking at a rate hike in the near-term?

USDOLLAR Index Technicals Turning - EUR/USD, USD/JPY Key

Posted: 30 Aug 2016 05:15 AM PDT

FX markets remain on the quiet side, but that doesn't mean significant shifts are developing.

Silver Prices: Long-term Support at Hand, Short-term Trend Conflicts

Posted: 30 Aug 2016 03:44 AM PDT

Silver in big picture support zone, positioning alleviating, but short-term trend still bearish.

Where is the Dollar Headed this Week?

Where is the Dollar Headed this Week?


Where is the Dollar Headed this Week?

Posted: 29 Aug 2016 03:51 AM PDT

Sharing my view on the Dollar this week with CNCB’s Sara Eisen on World Wide Exchange.  Bottom line  – the greenback is STRONG.

Watch the video now

 

Screen Shot 2016-08-29 at 6.37.09 AM

Monday, August 29, 2016

Dollar’s Fed Speculation Run Cools, Pound Looks to Brexit Data

Dollar’s Fed Speculation Run Cools, Pound Looks to Brexit Data


Dollar’s Fed Speculation Run Cools, Pound Looks to Brexit Data

Posted: 29 Aug 2016 07:36 PM PDT

Just as quickly as the Dollar charge started this past Friday, it stalled to start the new trading week.

Strategy Video: Evaluate Whether the Trade is Worth the Return Potential

Posted: 29 Aug 2016 07:16 PM PDT

It has been said by many people and in a number of different ways, but 'I would not take a trade that offered little to no return if it worked out' is suitable wisdom for every market participant.

Crude Oil Prices Sink to Range Floor on Cooling OPEC Deal Hopes

Posted: 29 Aug 2016 06:40 PM PDT

Crude oil prices retreated to range support amid doubts about the likelihood of an accord to freeze output emerging out of next month’s informal OPEC meeting.

Yen Little Changed as Unemployment Rate Drops to a 21-Year Low

Posted: 29 Aug 2016 05:14 PM PDT

The Yen showed a tepid reaction against its major counterparts as Japan’s unemployment rate fell to 3.0 percent versus 3.1 percent expected, a 21-year low.

Forecast - Yellen, NFPs and G-20 Attempt to Overcome Quiet

Posted: 29 Aug 2016 03:00 PM PDT

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading.

USD/CAD Crests at Trend Line and Wave Measurement Confluence

Posted: 29 Aug 2016 02:12 PM PDT

As the Fed talks up a more aggressive path for rate hikes, the US Dollar has strengthened in broad based fashion. We will look at a bearish and bullish Elliott Wave scenario.

GBPJPY at Key Resistance Hurdle Ahead of UK Mortgages- 133.14 Support

Posted: 29 Aug 2016 11:34 AM PDT

The advance has come into significant Fibonacci resistance to start the week. Here are the updated targets & invalidation levels that matter heading into the release.

China’s Market News: USD/CNH Surges to Key Resistance Ahead of G20

Posted: 29 Aug 2016 10:02 AM PDT

The big question for USD/CNH this week will be how price action performs around the vaulted 6.7000 psychological level.

Yellen Triggers Near-Term USD/JPY Breakout- Retail Sentiment Follows

Posted: 29 Aug 2016 09:45 AM PDT

USD/JPY retail sentiment has pulled back from 2016 extremes as the pair breaks out of a near-term bearish formation following the Fed Economic Symposium.

COT-Crude Speculators Buy at Fastest Pace Since May

Posted: 29 Aug 2016 09:18 AM PDT

Crude speculators have been buying at the fastest pace since May. Extreme speculative buying warns of near term exhaustion (a market top in this case).

Webinar: Post-Yellen USD Advance at Risk into Monthly Close / NFP

Posted: 29 Aug 2016 09:18 AM PDT

Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.

FOMC Feedback Loop Takes a Hawkish Turn, USD/JPY Rips

Posted: 29 Aug 2016 06:20 AM PDT

Numerous FOMC members were giving hawkish commentary for almost two weeks leading into Jackson Hole. Markets finally responded on Friday, and USD strength continues to run.

Sticky U.S. PCE Reinforces Hawkish Speech From Chair Yellen

Posted: 29 Aug 2016 06:02 AM PDT

Markets are turning their attention to Friday’s NFP report as the data prints coming out of the U.S. economy highlights sticky price growth. .

Dow Jones Industrial Average Finds Support Post Jackson Hole

Posted: 29 Aug 2016 05:41 AM PDT

Fed Chairwoman Janet Yellen has been talking up the possibility of a September rate hike. If this happens, logic would dictate that the hike may become a head wind for DJIA.

Crude Oil Forecast: Technical Range Continues

Posted: 29 Aug 2016 05:36 AM PDT

Crude Oil Prices continue to conslidate for the 5th session, after failing to breakout below critical support near $46.50.

US Dollar Posture Improves as December Rate Hike Odds Jump

Posted: 29 Aug 2016 05:20 AM PDT

Technical conditions have shifted rather dramatically across USD-pairs over the past week.

S&P 500: Yellen Sparks Volatility, Market Starts Week at Pivotal Area

Posted: 29 Aug 2016 04:57 AM PDT

Market experiences sharp volatility on Yellen speech, breaks key support area in process, retesting to start week.

Gold Prices Drop as Fed Rate Hike Odds Rise

Posted: 29 Aug 2016 04:56 AM PDT

Recent comments by Fed Chairwoman Janet Yellen has pushed gold prices lower into previously cited support. $1311-1320 may be an area of a technical price bounce.

Gold Price Forecast: Prices Decline to Next Support

Posted: 29 Aug 2016 04:52 AM PDT

Gold prices closed lower last week, but are fast approaching daily support near $1,310.71.

DAX: Continues to Test Support, Price Action ’Wedging Up’

Posted: 29 Aug 2016 03:32 AM PDT

DAX pullback remains constructive into support.

USD/JPY Spikes Higher Following Yellen and Kuroda, US PCE Next

Posted: 29 Aug 2016 02:05 AM PDT

The USD/JPY is in the spotlight following Yellen and Kuroda at Jackson Hole, and the US PCE figures next could provide further grounds for Fed bets

Will US Jobs Data Help or Hurt USD Recovery?

Posted: 29 Aug 2016 12:59 AM PDT

The US Dollar is looking to Augusts' nonfarm payrolls data to help confirm an upgrade in 2016 rate hike probabilities following hawkish comments from Fed Chair Janet Yellen.

AUD/USD Technical Analysis: Three-Month Uptrend Broken

Posted: 29 Aug 2016 12:04 AM PDT

The Australian Dollar has broken rising trend line support guiding prices higher since late May against its US namesake, hinting the long-term down trend is resuming.

USD/CNH Technical Analysis: 6.7000 The Hurdle After Swing Higher

Posted: 28 Aug 2016 11:51 PM PDT

The USD/CNH is having difficulties at the 6.7 handle after surging higher following the Yellen speech this past Friday

EUR/USD Technical Analysis: Down Trend May Be Resuming

Posted: 28 Aug 2016 11:23 PM PDT

The Euro declined against the US Dollar as expected after putting in a bearish Harami candlestick pattern following a test of trend line support-turned-resistance.