Monthly archive March, 2015

Talking Points EURJPY targeting initial resistance at FOMC highs Long scalp bias at risk sub-131.80 Event Risk on Tap ThisWeek EUR/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURJPY rebound now testing initial resistance 131.35/78 Breach targets resistance objectives at 132.94-133.20 & Dec TL resistance Daily support Read More →

Talking Points: - USD/JPY Downside Targets Favored Ahead of Japan Consumer Price Index (CPI). - USD/CAD Rebounds From Range Support Ahead of BoC Governor Stephen Poloz. - USDOLLAR Preserves Bullish Formation Despite Dismal Durable Goods Report. For more updates, sign up for David's e-mail Read More →

Talking Points: - EURUSD trapped between daily 21- and 34-EMAs, $1.0905-1.1040. - USDJPY threatens losing uptrend from Jan-Feb swing lows. - See the March forex seasonality report for trends in the QE-era. Persistent selling across the USD-spectrum in the wake of the March FOMC Read More →

Talking Points: Euro Unlikely to Find Follow-Through in Upbeat German IFO Survey Data US Dollar May Decline as Fed Commentary Supports Dovish Outlook Shift New Zealand Dollar Underperforms on Soft Trade Balance Data Overnight Germany’s IFO Survey of business confidence headlines the economic calendar Read More →

Talking Points: Dollar Staves Off Another Reversal Risk Euro Focus Turning from QE Back to Greece British Pound Stumbles After Inflation Stalls for the First Time Dollar Staves Off Another Reversal Risk The Dollar took another stab at turning its eight-month bull trend this past Read More →