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Monthly archive September, 2015

Webinar: USD Fails at Resistance- Scalping Sept. Range Ahead of NFP

Talking Points Weekly DailyFX Scalp Webinar covering featured setups ahead of NFPs Updated targets & invalidation levels Event Risk on Tap This Week USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Notes:The Dow Jones FXCM U.S. Dollar Index has rallied back into the top of its Read More →

USD Struggles Amid Lackluster Data- Gold Short Trigger on Tap?

Talking Points: - USDOLLAR Struggles as Mixed Data Continues to Drag on Interest Rate Expectations. - Gold September Rebound Continues to Unravel; Waiting on RSI Trigger. - NZD/USD Marks Another Failed Attempt to Break 0.6400 Resistance-Zone. For more updates, sign up for David's e-mail Read More →

US Dollar Looks to Fed Commentary to Inform 2015 Rate Hike Chances

Talking Points: US Dollar Looks to Fed Commentary to Inform 2015 Rate Hike Speculation Yen Rose on Haven Flows as Japanese Shares Declined in Overnight Trade See Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar corrected lower in Read More →

Solid US Data Support Commodities amid Weakness Following Stock Loss

Talking Points: Oil subsided though outlook amended as bullish bets and gasoline demand grew Gold stayed flat after Friday’s decline as good GDP enhanced Yellen’s talk on 2015 rate rise Copper swung with equities amid uncertain outlook as piling stocks may offset supply Read More →

Major Euro Influences to Come from Within, Less Likely from Abroad

Major Euro Influences to Come from Within, Less Likely from Abroad
Fundamental Forecast for Euro: Bearish - EURUSD dipped under $1.1300 early in the week, and tested $1.1100 by week’s end. - The retail trading crowd Read More →

Weekly Trading Forecast: NFPs and Market Volatility Threaten to Break Ranges

The ranges developed around the FX Majors and equity indexes this past week will be in jeopardy with key event risk like NFPs ahead. US Dollar Forecast – US Dollar Nears 12 Year Highs But Does It Have Motivation to Break? The Read More →