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DailyFX Technical Focus: 5/6/2014

DailyFX Technical Focus: 5/6/2014

Posted in Daily Signal Forex & Gold AUDUSD support at .9300/20 now Broader uptrend resumes? Daily Technicals Jamie is founder of J.S. Trade Desk. original source ...

May 07, 2014 – 04:24» More..

EURAUD Scalp Setup Favors Selling Rallies Sub-1.5030

Posted in Daily Signal Forex & Gold Talking Points EURAUD fails at key inflection point / resistance Weekly opening range breaks- Interim scalp bias bearish Limited event risk out of ...

May 07, 2014 – 04:00» More..

Euro Downside in Focus as OECD Pushes ECB to Prevent Deflation

Posted in Economic News Talking Points: OECD raises 2015 growth expectations for 3 of the 4 biggest economies OECD pushes ECB to take action to prevent deflation OECD encourages Fed to end easing Want to trade with proprietary strategies developed by FXCM? Find ...

May 07, 2014 – 01:17» More..

Price & Time: Do or Die for the Euro

Posted in Daily Signal Forex & Gold Talking Points USD/JPY closing in on important support USD/CAD rolls over Key inflection point in EUR/USD over next couple of days New to Currency Trading? Learn More ...

May 06, 2014 – 19:00» More..

USD/JPY Looks Towards Yearly Low; EUR/USD Breakout Waits for ECB

USD/JPY Looks Towards Yearly Low; EUR/USD Breakout Waits for ECB

Posted in Daily Signal Forex & Gold Talking Points: - EURUSD clears triangle resistance, yearly high near $1.3970 in sight.- USDJPY yet to join selloff.- ...

May 06, 2014 – 18:30» More..

USD/SGD: Singapore Dollar Risks Breakdown on China, Technicals

Posted in Daily Signal Forex & Gold Talking Points: -Singapore Dollar has remain bid despite selloffs in other FX China proxies -Technicals signal possible breakout from a multi-year symmetrical triangle above 1.234 / 1.225 -Regional ‘safe-haven’ flows likely to be ...

May 06, 2014 – 14:00» More..

Dollar Range Sets Another Dangerous Low

Dollar Range Sets Another Dangerous Low

Posted in Economic News Talking Points: Dollar Range Sets Another Dangerous Low Euro: The Pressure Mounts for the ECB to Ease Australia Dollar Bulls Show Relief in Status Quo ...

May 06, 2014 – 12:40» More..

RBA Holds Rates Steady at 2.5%, AUDUSD Little-Changed

Posted in Economic News Talking Points: RBA Keeps Headline Rate Unchanged at 2.50 Percent Australian Dollar Rises versus US Dollar Following Data Release Neutral Monetary Policy Tone The Reserve Bank of Australia (RBA) kept its headline rate unchanged at 2.50 ...

May 06, 2014 – 12:25» More..

AUD/JPY Stumbles Ahead of RBA Decision As Trade Surplus Narrows

Posted in Economic News Talking points: Aussie Dollardipped slightly ahead of the RBA policy meeting on a disappointing trade balance reading ABS reports a trade surplus of $A731M down from $A1257M in February while economists expected $A1000M Declining surplus ...

May 06, 2014 – 12:00» More..

US Dollar Stuck in Narrow Range, Gold Chart Setup Favors Weakness

Posted in Daily Signal Forex & Gold Talking Points: US Dollar Stuck in Range After Rejection at Channel Top S&P 500 Continues to Tread Water Below April Swing High Gold Chart Setup Favors Weakness Despite Recent ...

May 06, 2014 – 11:51» More..