Monthly archive March, 2016

Talking Points: Gold price jumped on prospects of slower interest rate trajectory in 2016 Oil price rose as USD slid, a lower than expected inventory data also provided support Copper price retraced its topside despite Fed’s concerns on global growth The US dollar declinedand Read More →

- Australia Employment to Increase for First Time Since November. - Jobless Rate to Hold at Annualized 6.0% for Second Consecutive Month. For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Employment Change A 13.5K rebound in Australia Employment Read More →

Talking Points AUDUSD surges post FOMC- Weekly opening-range high in view Key Australian Labor Report to threaten the near-term reversal Immediate focus is higher- broader bullish invalidation at 7400 AUDUSD 30min Chart Created Using FXCM Marketscope 2.0 Technical Outlook: AUDUSD reversed course sharply on the back Read More →

- U.K. Jobless Claims to Contract for Fourth Consecutive Month. - Average Weekly Earnings ex. Bonus to Climb to Annualized 2.1%- Highest Since September. For more updates, sign up for David's e-mail distribution list. Trading the News: U.K. Jobless Claims Change Another 9.1K decline Read More →

Talking Points GBPUSD on the defensive ahead of UK Employment / Budget Statement / FOMC Immediate focus lower- broader bullish invalidation at median-line support Updated targets & invalidation levels GBPUSD 30min Chart Created Using FXCM Marketscope 2.0 Technical Outlook: Sterling reversed off key confluence resistance on Read More →

Talking Points: - NZD/USD Struggles on Weak Dairy Auction- Balance of Payments Report on Tap. - USDOLLAR Remains Bid Ahead of FOMC Despite Mixed Data. Avoid the pitfalls of trading by steering clear of classic mistakes. Review these principles in the "Traits of Read More →