News & Signal

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British Pound Breakdown Seen Through GBP/AUD and GBP/USD

British Pound Breakdown Seen Through GBP/AUD and GBP/USD

Posted in Daily Signal Forex & Gold Talking Points: - GBPAUD may be topping below 1.8100 (Head and Shoulders). - GBPUSD breakdown could accelerate, AUDUSD could rally.- Quiet Friday calendar sees ...

Mar 21, 2014 – 18:55» More..

Copper Faces Breakout On China Data, USD Recovery To Weigh On Gold

Posted in Economic News Talking Points Copper may extend recent declines if China PMI disappoints Gold and silver remain vulnerable to a continued greenback recovery Crude oil technicals suggest weakness may lie ahead Copperhas dipped back towards critical support ...

Mar 21, 2014 – 13:46» More..

USD/JPY Trading Below Resistance After Optimistic Fed Stress Test

Posted in Economic News Talking Points: Fed says large banks are better positioned for crisis 29 out of 30 banks meet capital targets USD/JPY continues to trade below resistance Want to trade with proprietary strategies developed by FXCM? Find out how here. The ...

Mar 21, 2014 – 03:47» More..

Key Reversals on USDOLLAR, Gold Post FOMC- March Range at Risk

Posted in Daily Signal Forex & Gold Talking Points FOMC prompts massive reversals in USD, Gold USDOLLAR, XAUUSD testing March opening ranges Key levels heading into next week USDOLLAR Daily ...

Mar 21, 2014 – 02:48» More..

Gold Price Pulls Back From Higher High, Silver Never Confimed Trend

Posted in Daily Signal Forex & Gold Talking Points: - Although gold price continued to push through major key resistance levels, silver never confirmed the trend. - Gold down slightly post-FOMC while silver is getting crushed (down over 1% at the time of this report). Gold has ...

Mar 21, 2014 – 02:10» More..

Australian Dollar vs. US Dollar Prone to Verbal Intervention, RBA Awaits CPI

Posted in Daily Signal Forex & Gold Talking Points: - Australian Dollar (AUD) remains near 0.90 level. - RBA’s Stevens to speak Wednesday (11:30AM-12:20PM HKT 03/26) on Australian Dollar, economy. As stated last week, the risks remaining for the Australian dollar in 2014 ...

Mar 20, 2014 – 23:00» More..

Just How Big of A Deal is This Recent EUR/USD Decline?

Posted in Daily Signal Forex & Gold Talking Points EUR/USD reverses sharply from key long-term resistance zone Bigger top developing? Unfamiliar with Gann Square Root Relationships? Learn more about them HERE. EUR/USD has had a very difficult time penetrating the top end of an ...

Mar 20, 2014 – 22:45» More..

US Home Sales Growth Declines in February with Higher Rates

Posted in Economic News Talking Points: -US Home Sales (FEB) comes in at 4.60 vs. 4.60M est. and 4.62M prior -US Home Sales MoM (FEB) comes in at -0.4% vs. -0.4% est. and -5.1% prior -Leading Index (FEB) comes in at 0.5% vs. 0.2% est. and 0.1% rev. prior -Philadelphia ...

Mar 20, 2014 – 21:12» More..

Fed Hints at 2015 Rate Hike Giving USD Much Needed Lift

Fed Hints at 2015 Rate Hike Giving USD Much Needed Lift

Posted in Daily Signal Forex & Gold Talking Points: - EURUSD breaks key support levels lower - bias shifting negative. - USDJPY runs through first long trigger level, watch equities.- Several important events on the ...

Mar 20, 2014 – 18:40» More..

Gold and Silver Plunge As Yellen Hands The US Dollar A Lifeline

Posted in Economic News Talking Points Precious metals plunge following hawkish lean from FOMC Crude oil marches on while other risk-sensitive instruments decline Gold and silver remain vulnerable to a continued greenback recovery Gold suffered its biggest daily ...

Mar 20, 2014 – 16:54» More..