DailyFX - Daily Briefings

Daily Briefings
  1. Scalping EURAUD Breakout- Longs Favored Above 1.44
    A weekly opening range break put long-scalps in play with the rally now targeting key technical resistance. Here are the updated targets & invalidation levels.
  2. EUR/USD Tests 6-Week Trend as SNB Meddles with EUR/CHF
    Traders are grappling with a seemingly contradictory FOMC statement, the RBNZ's neutral pivot, and potential SNB intervention.
  3. Euro May Overlook Soft German CPI Data, Swiss Franc Under Fire
    The Euro may not find a meaningful negative catalyst in soft German inflation figures. The Swiss Franc faced heavy selling pressure in overnight trade.
  4. EUR/USD Rebound to Benefit From Record-Low German Unemployment
    A further decline in German unemployment may foster a larger rebound in EUR/USD as it highlights an improved outlook for Europe’s largest economy.
  5. GBPAUD Weekly Opening Range Setup- Long Scalps at Risk Sub-1.92
    The rally is now approaching the 2014 highs with our long scalp bias at risk below key resistance. Here are the updated targets & invalidation levels.
  6. USD Eyes FOMC Meeting amid Perceived Policy Divergence
    Markets are pricing in rate hikes at a completely different pace than what the FOMC has previously laid out.
  7. US Dollar May Fall as FOMC Fails to Fuel Interest Rate Hike Bets
    The US Dollar may decline as a status-quo policy announcement from the Federal Reserve fails to meaningfully boost the case for imminent interest rate hikes.
  8. Dollar Suffers First Two-Day Drop In 7 Weeks Before Fed
    As far as central bank policy decisions go, the Fed’s first gathering of 2015 isn’t inherently crucial. This event is made extraordinary by the context of the broader market.
  9. Scalping the AUDCAD Reversal- Shorts Favored Below 9928
    A reversal off multi-year trendline resistance last week shifted the short-side back into focus ahead of key data . Here are the updated targets & invalidation levels.
  10. Pound May Rise as 4Q UK GDP Data Boosts BOE Rate Hike Bets
    The British Pound may rise as an upbeat fourth-quarter UK GDP reading fuels speculation on a sooner than expected Bank of England interest rate hike.
  11. Contagion Contained as Euro Rebounds Post-Greek Elections
    Incoming Greek leadership has stated their desire to stay in the Euro-Zone, removing the existential threat of the Euro's demise, for now.
  12. Euro Shrugs Off Widely Expected Greek Election Outcome
    The Euro dipped downward but swiftly erased losses in the aftermath of a widely expected victory by the Syriza party in the weekend’s Greek election.
  13. EUR Tumbles Post-ECB; Does New QE Program Live Up to Hype?
    The ECB has finally joined the QE party, albeit five-years late...
  14. USD/CAD to Threaten Near-Term Resistance on Dismal Canada CPI
    Canada’s Consumer Price Index (CPI) may spark another topside run in USD/CAD as slowing inflation fuels bets for another Bank of Canada (BoC) rate cut.
  15. Pound Eyeing Carney Comments for Guidance, Euro to Look Past PMIs
    The British Pound is looking to comments from BOE Governor Carney for direction cues while the Euro is likely to overlook January’s flash PMI data set.
  16. Dollar Charges Higher as Policy Contrast Draws Focus to Fed
    While this past session’s top event risk – the ECB’s stimulus announcement, it was the Dollar that gained the most from the news.Why should another wave of global stimulus support the Greenback?
  17. Gold Stalls at Technical Resistance- Remains Constructive Above 1262
    The rally has extended into resistance just above $1300 with our long scalp-bias now at risk below this mark. Here are the updated targets & invalidation levels.
  18. T-Minus 0: Trade Setups in EUR as ECB Prepares for QE Liftoff
    The moment we've all been waiting for since early-December has finally arrived. Will speculation around the ECB live up to the hype?
  19. Bearish EUR/USD Outlook Favored Ahead of ECB as RSI Holds in Oversold
    EUR/USD remains vulnerable to a further decline on the back of more ECB easing especially as the RSI continues to trade in oversold territory.
  20. Scalping NZD/JPY Breakdown- Shorts Favored Sub 90.00
    A break below near-term support & the weekly opening range keeps our short scalp bias in play. Here are the updated targets & invalidation levels.

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