Monthly archive February, 2016

AUD/USD 2016 Advance at Risk on Toughened RBA Verbal Intervention

- Reserve Bank of Australia (RBA) Anticipated to Keep Official Cash Rate at 2.00%. - Will Governor Glenn Stevens Keep the Door Open for Lower Borrowing-Costs? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Bank of Australia Read More →

Weekly Webinar: Dollar Breakout Searches for Resistance Ahead of NFPs

Talking Points Weekly webinar covering featured scalp setups 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 (Ticker: USDOLLAR) broke through resistance last week at 12123/31 – a Read More →

Euro May Fall Further as Soft CPI Hints More ECB Easing Ahead

Talking Points: NZ Dollar falls as data drives rate cut bets, Yen gains as S&P 500 futures fall Euro downturn may continue as soft inflation data beckons more ECB easing Global stimulus expansion hopes may offer support to risk sentiment trends The New Zealand Read More →

Oil, Copper Steady on Good US Data, Gold Flat into Eventful March

Talking Points: Gold stayed flat as investors stay put before event risk in March Oil stabilized after good US growth data and weekly gain, producers continued to merge Copper retraced lower within range due to profit taking, ahead of China’s industrial production data Oil Read More →

Weekly Trading Forecast: Dollar Attempts a Recovery as Euro, Pound and Yen Stumble

Risk trends have improved and so too has the Dollar's position. Amid NFPs, the G20 rehash of risks, Brexit and other high-profile themes; expect volatility moving forward. US Dollar Forecast – Dollar Gains as Market Chews Rate Expectations with NFPs Ahead This Read More →

Japanese Yen Forecast to Gain until Status Quo Changes

Japanese Yen Forecast to Gain until Status Quo Changes
Fundamental Forecast for Yen:Bullish Lackluster Japanese Consumer Price Index inflation data keeps status quo for the Yen Look for the Yen to gain if we see continued Read More →