Monthly archive August, 2015

- U.S. Durable Goods Orders to Contract for Fourth Time in Last Seven-Months. - Non-Defense Capital Goods Orders ex Aircrafts to Increase Another 0.3% in July. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Durable Goods Orders A Read More →

Talking Points: Yen, Euro Drop on China Stimulus But Risk Appetite Boost May Be Fleeting US Durables Data, Fed Commentary in Focus as Markets Look for Guidance See Economic Releases Directly on Your Charts with the DailyFX News App The Japanese Yen and the Read More →

Talking Points: Gold in reversal as safety bets shifted to EUR, USD, and stock revival Copper pared gains on macro outlook that prompted China to cut rates Oil vulnerable coming up to EIA inventory report Broad commodities set to sustain yesterday’s recovery after the Read More →

Talking Points EURAUDtesting key near-term support- longs scalps favored above 1.5830 Updated targets & invalidation levels Event Risk on Tap This Week EURAUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD breakout rally reverses at upper median line parallel resistance Pullback now testing initial support confluence Read More →

Talking Points: - Gold Rebound Capped by Former Support; Bullish Formation at Risk. - NZD/USD Bullish Momentum Fizzles; NZ Trade Deficit to Widen. - USDOLLAR Outlook Remains Mired by Mixed Data- Durable Goods Orders on Tap. For more updates, sign up for David's e-mail Read More →

Talking Points: Oil stuck in downtrend before inventory reports from API today, EIA tomorrow Copper rebounded alongside Chinese and Asian stocks Gold pared gains below 1071 amidst recovery in risky assets Asia market started Tuesday in a recovery mood after Monday’s drastic losses in Read More →