Monthly archive August, 2015

Talking Points: China authorities coordinately expressed policies to revive market Oil rally likely sustains with supportive macro factors from US and China Copper finds support from China stimulus post hike Gold gained temporary interests though weighed by risk sentiment Commodities sustained their overnight gains early Read More →

Talking Points EURJPY reversal approaches initial key technical support target Updated targets & invalidation levels Event Risk on Tap This Week EURJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURJPY testing key support confluence at 135.32- risk for near-term rebound above this mark Resistance at 200DMA Read More →

- 2Q U.S. GDP to Increase Annualized 3.2%- Fastest Pace of Growth Since 3Q 2014. - Personal Consumption to Pick Up for Second Consecutive Quarter. Trading the News: U.S. Gross Domestic Product (GDP) An upward revision in the 2Q U.S. Gross Domestic Product Read More →

Talking Points: Australian Dollar Drops as RBA Rate Cut Expectations Continue to Rebuild 2Q US GDP Revision May Boost US Dollar, Trigger Renewed Risk Aversion See Economic Releases Directly on Your Charts with the DailyFX News App The Australian Dollar underperformed in otherwise quiet Read More →

Talking Points GBPUSD reversal approaches initial key support target Updated targets & invalidation levels Event Risk on Tap This Week GBPUSD Weekly GBPUSD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD in the process of marking outside weekly reversal candle off the monthly high- bearish Interim support Read More →

Talking Points: - AUD/USD Downside Targets in Focus Ahead of RBA September Rate Decision. - SPX500 Continues to Carve Bearish Pattern- Global Response on Tap? - USDOLLAR Tests Former-Support Ahead of 2Q GDP, Fed Economic Symposium. For more updates, sign up for David's e-mail Read More →