Monthly archive February, 2016

Talking Points AUDJPY testing key near-term support- Immediate short-bias at risk Updated targets & invalidation levels Event Risk on Tap This Week AUDJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: AUDJPY is trading into key support at the confluence of the lower median-line parallel Read More →

Talking Points: - Retail FX Remains Net-Long USD/JPY as Pair Extends Decline to Trigger Oversold Signal. - USDOLLAR Falls Back From Fresh Weekly High as Mixed U.S. Data Persists. For more updates, sign up for David's e-mail distribution list. USD/JPY Chart - Created Using FXCM Read More →

Talking Points: Yen gains, Aussie and NZ Dollars fall as Asian stocks follow Wall St. lower British Pound drops below 1.40 vs. US Dollar for the first time since 2009 US Dollar looks for rates policy clues in PMI data, Fed’s Lacker comments Risk Read More →

- 4Q U.K. GDP to Expand Annualized 1.9%- Slowest Pace Since 1Q 2013. - Will the Lackluster Recovery Push the BoE to Further Delay the Normalization Cycle? For more updates, sign up for David's e-mail distribution list. Trading the News: U.K. Gross Domestic Read More →

Talking Points EURAUD testing key support confluence- rally to offer favorable shorts Updated targets & invalidation levels Event Risk on Tap This Week EURAUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: EURAUD is testing a key near-term support confluence at 1.5186 where the 200-day Read More →

Talking Points: - AUD/USD Pulls Back From Fresh Monthly High; Retail FX Remains Short Ahead Australia Wage Report. - USDOLLAR Bullish Trigger Emerges Ahead of Fed Rhetoric. For more updates, sign up for David's e-mail distribution list. AUD/USD Chart - Created Using FXCM Marketscope 2.0 Even Read More →