Menu

Monthly archive April, 2016

Rising U.K. Consumer Price Index (CPI) Risks Larger GBP/USD Rebound

- Headline U.K. Consumer Price Index (CPI) to Increase for Second Consecutive Month.

- Core Rate of Inflation to Advance Annualized 1.3% to Mark First Rise in 2016.

For more updates, sign up for David's e-mail Read More →

GBP/USD Scalp Targets Ahead of UK CPI- Bullish Invalidation 1.4175

Talking Points

  • GBPUSD near-term rally at risk ahead of UK CPI
  • Near-term outlook constructive while above 1.4175/77
  • Updated targets & invalidation levels

GBPUSD 30min

GBP/USD Scalp Targets Ahead of UK CPI- Bullish Invalidation <a href=Read More →

AUD/USD Outlook Mired by Bearish RSI Divergence, Slowing China

Talking Points: - AUD/USD Outlook Mired by Bearish RSI Divergence, Slowing China. - USDOLLAR Extends Losses; Another Round of Fed Rhetoric on Tap. Avoid the pitfalls of trading by steering clear of classic mistakes. Review Read More →

Webinar: USD in Free Fall- Key Crosses in Focus this Week

Talking Points

The dollar crosses are in focus to start the week with the U.S. Dow Jones FXCM Dollar Index breaking to fresh yearly lows early in the session. We’ll be looking to commentary from Fed officials this week Read More →

USD/JPY RSI Divergence Urges Caution to Shorts Ahead of US Earnings

Talking Points:

- A heavy week of news awaits markets as US earnings season kicks off after the bell today: The good news is that expectations are really low, looking for a -9.8% drop to Q1 earnings year-over-year. Read More →

AUD/JPY Game Plan: Sell the Bounce- Bearish Invalidation 84.82

Talking Points AUDJPY reversal takes a reprieve- Rally to offer favorable short-entries Broader outlook remains bearish sub-84.72/82 Updated targets & invalidation levels AUDJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: AUDJPY reversed off the 200-day moving average last week with the decline breaking below Read More →