Monthly archive April, 2015

- Australia Consumer Price Index (CPI) to Narrow to Annualized 1.3%- Lowest Since 2Q 2012.. - Core Rate of Inflation to Hold Steady at Annualized 2.2% for Second Consecutive Quarter. For more updates, sign up for David's e-mail distribution list. Trading the News: Read More →

Talking Points GBPCAD testing multi-month slope resistance Breach needed to keep long bias in play Key support at monthly low / 2015 open (1.8087) GBP/CAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPCAD testing slope resistance- possible near-term inflection point Key resistance 1.8476/80- backed by the Read More →

Talking Points: - USD/JPY Climbs to Fresh Weekly High- Japan to Post First Trade Surplus Since 2012. - GBP/USD Eyes 1.5000 Resistance Ahead of Bank of England (BoE) Minutes. - USDOLLAR Remains at Risk as Fed Liftoff Remains ‘Uncertain.’ For more updates, sign up Read More →

Talking Points: - EURJPY, EURUSD triangles begin to favor more downside. - EURGBP double top remains valid towards 0.7063. - See the April forex seasonality report. Short-term technical indicators are close to turning outright negative for various EUR-crosses. For EURJPY and EURUSD, this potentially Read More →

Talking Points: Euro Unlikely to Find Follow-Through in German ZEW Report Commodity Currencies, US Dollar Respond to Policy Outlooks See Economic Data on Your Charts with the DailyFX News App Germany’s ZEW Survey of analyst confidence headlines the economic calendar in European trading hours. Read More →