Monthly archive February, 2015

Talking Points GBPJPY recovery in focus Near-term bias at risk sub-2.0550 Key Event Risk on Tap GBP/NZD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPNZD rebounds off key support 2.0287 – 2.0322 (broader bullish invalidation) Resistance 2.0624/26 (Sunday Gap) & February TL resistance Momentum reversal ahead of Read More →

Talking Points: - EUR/USD Range Vulnerable as Greece Struggles to Secure Bailout Extension. - USD/CAD Rebound to Accelerate on Dismal Canada Retail Sales Report. - USDOLLAR Holds Tight Range Ahead of FOMC Minutes; Forward-Guidance in Focus. For more updates, sign up for David's e-mail Read More →

Talking Points: - Greece seems close to caving on demands, seeks loan deal. - EURJPY, EURUSD triangulate against 21-EMAs, election TL. - See the February Forex Seasonality report and the implications for the majors. News about Greece's loan extension have been slowly hitting the Read More →

Talking Points: Euro Looks to First ECB Meeting Minutes Release for QE Dynamics Clues US Dollar Down as Markets Trim Fed Rate Hike Bets After FOMC Minutes See Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar underperformed in Read More →

Talking Points GBPJPY weekly OR breach rallies into major inflection range Key near-term technical resistance 183.96 – 184.26 Key Event Risk on Tap GBP/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY resting key resistance range 183.96-184.26 (bearish invalidation) Breach targets 186.34 & 188.07 Interim support at Read More →