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Monthly archive September, 2015

Oil Pauses Post-Crash. Gold Recovers, Copper Retreats as Stocks Swing

Talking Points: Gold picked up as Asian equities swung to losses Oil’s violent correction paused before EIA’s report Copper fluctuated with stocks, vulnerable to weak demand Gold set to re-gain yesterday’s safe-haven gains before bumpy price action during New York and early Asian session Read More →

AUD/USD Risks Fresh 2015 Lows on Dismal Australia 2Q GDP Report

- 2Q Australia GDP to Expand Annualized 2.2%- Slowest Pace of Growth Since 4Q 2013. - With Growth Slowing for the Fifth Consecutive Quarter, Will RBA Become Dovish? For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Gross Read More →

AUDNZD: Rinse & Repeat- Reversal Scalp Back in Play Ahead of GDP

Talking Points AUDNZD reversal of technical resistance approaches initial support Updated targets & invalidation levels Event Risk on Tap This Week AUDNZD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDNZD reverses off 2015 slope resistance for a 5th consecutive time- bearish Reversal eyes near-term support at Read More →

USD/CAD Bullish RSI Momentum Under Pressure- 2Q GDP Beats Forecast

Talking Points: - Canadian Dollar Fails to Benefit From Better-than-Expected 2Q GDP Report. - AUD/USD Struggles to Hold Range Even as RBA Remains on Hold. - USDOLLAR Remains Capped by 78.6% Retracement- ISM Manufacturing Disappoints. For more updates, sign up for David's e-mail distribution Read More →

Oil Fades Knee-Jerk Rally, Gold Bets Surge on Low China Factory Gauge

Talking Points: China Manufacturing Purchasing Manager Index at multi-year low Gold rallied as low China gauge elicited rush to safety Oil retreated after short-lived rally into bull market Copper recovered with Chinese stocks after PMI-induced weakness Major data in Asia Pacific this week is a Read More →

AUD/USD Range Vulnerable to Dovish RBA, Slowing China

- Reserve Bank of Australia (RBA) Expected to Keep Cash Rate at 2.00%. - Will Governor Glenn Stevens Sound More Dovish Amid Growing Concerns Surrounding China? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Bank of Australia Read More →