Monthly archive April, 2015

Talking Points: - AUD/USD Range Support in Focus as RBA Governor Glenn Stevens Endorses Dovish Stance. - EUR/USD Continues to Eye 1.0970-90 Resistance Ahead of Greek Meeting. - USDOLLAR Remains at Risk as Fed Liftoff Remains ‘Uncertain.’ For more updates, sign up for David's Read More →

Talking Points Weekly DailyFX Scalp Webinar Archive covering featured setups Updated targets & invalidation levels Event Risk on TapThisWeek USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Notes: The USDOLLAR has finally cleared the slope support range we’ve been tracking for month’s with the decline stalling Read More →

- US Dollar trades near critical support versus the Japanese Yen, next move pivotal - Relatively muted forex volatility prices suggest few expect major Dollar breakdown - We remain in favor of our trend-following Momentum2 trading strategy The US Dollar trades near pivotal Read More →

Talking Points: - EURUSD's only bullish appeal rooted in stretched positioning. - EURGBP, EURJPY technical structures remain fairly weak. - See the April forex seasonality report. The Euro has once again started to slip back thanks to its deflating yield appeal and advancement along Read More →

Talking Points: Commodity Dollars Soar After China Issues 100bps RRR Cut for Top Banks Japanese Yen Gains Amid Risk Aversion, Euro Declines on Greece Jitters US Dollar Looks to Dudley Comments to Drive Rates “Liftoff” Speculation The Australian, Canadian and New Zealand Dollars outperformed Read More →