Monthly archive April, 2016

Key Points

• Euro traded down against Read More →

China reported a very big rebound in exports:  11.5% against 2.5% expected and after a big fall of 25.4% in February. Also exports look much healthier with a fall of 7.6% instead of 10.2% predicted and 13.8% last time. The Chinese New Year Read More →

Talking Points:

• Gold pricessubsided while risk assets rallied after strong China’s March exports
• Oil pricesreceded after larger than expected crude stockpiles
• Copper prices jumped following encouraging Chinese exports and copper imports Read More →

Talking Points

• EURAUD testing slope support- Immediate short-bias in play sub-1.4920
• Key support 1.4681-1.4708
• Updated targets & invalidation levels

EURAUD Daily

Chart Created Using FXCM Marketscope Read More →

Talking Points:

- Crude Oil (CFD: USOIL) challenging its 200-DMA again; flag points towards $51.00/brl.

- USD/CAD nears significant support around C$1.2830.

- As market volatility rises, it's a good time to review risk management principles.

With the USDOLLAR Index's breakdown Read More →

Talking Points:

• Gold price rallied to 3-week high while equities traded subdued
• Oil price held above $40/barrel ahead of oil-producers meeting
• Copper price traded flat amid seasonal demand slack

Oil prices held above $40 Read More →