Course Trading Tips

Precious Metals Exposed As USD Regains Drive Before Durable Goods Data

September 30, 2014
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Talking Points Precious Metals Remain At Risk As US Dollar Regains Momentum Crude Oil Recovery May Be Limited As Supply Glut Concerns Linger Platinum Awaiting Close Below 1,308 To Open Jun ’13 Low (1,285) The precious metals are marginally weaker during Asian trading today. Palladium is leading the pack lower, while it sibling platinum...

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Precious Metals Exposed As USD Regains Drive Before Durable Goods Data

September 30, 2014
By

Talking Points Precious Metals Remain At Risk As US Dollar Regains Momentum Crude Oil Recovery May Be Limited As Supply Glut Concerns Linger Platinum Awaiting Close Below 1,308 To Open Jun ’13 Low (1,285) The precious metals are marginally weaker during Asian trading today. Palladium is leading the pack lower, while it sibling platinum...

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Managing Risk in EUR/USD, AUD/USD

September 30, 2014
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Talking Points: - EURUSD and AUDUSD blow through support targets. - EURAUD makes bullish progress at 8-EMA through downtrend. - Have a bullish (or bearish) bias on the US Dollar, but don’t know which pair to use? Use a USD currency basket. Demand for US Dollars remained strong in the overnight with EURUSD pushing...

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GBPUSD Range in Focus- Scalps Target Key Inflection Zone at 1.6253

September 30, 2014
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Talking Points GBPUSD fills September gap – halts at Fibonacci resistance Weekly opening range break in focus- break to validate scalp bias Event risk on tap this week GBP/USD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD holding within weekly opening range- just above major inflection zone Key support at 1.6253/77-...

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Dollar Rising Too High for Fed’s Liking?

September 30, 2014
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Talking Points: Dollar Rising Too High for Fed’s Liking? Euro Discounts Draghi Talk, Bigger Concerns Looming New Zealand Dollar Suffers Biggest Drop in 15 Months Dollar Rising Too High for Fed’s Liking? Earlier this week, New York Fed President William Dudley remarked that the US Dollar’s rapid rise could hinder growth and undermine the...

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GBPUSD Range in Focus- Scalps Target Key Inflection Zone at 1.6253

September 30, 2014
By

Talking Points GBPUSD fills September gap – halts at Fibonacci resistance Weekly opening range break in focus- break to validate scalp bias Event risk on tap this week GBP/USD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD holding within weekly opening range- just above major inflection zone Key support at 1.6253/77-...

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