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Monthly archive September, 2015

AUD/USD Risks Fresh Monthly High on Upbeat Australia Employment

- Australia Employment Projected to Increase for Fourth Consecutive Month. - Jobless Rate to Narrow to 6.2% from 2015 High. For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Employment Change Another 5.0K expansion in Australia Employment may spur Read More →

Scalping GBPAUD Pullback- Targets in View Ahead of Aussie Data, BoE

Talking Points GBPAUD pullback in focus ahead of key event risk Updated targets & invalidation levels Event Risk on Tap This Week GBPAUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD holds confluence resistance at yearly high-day close 2.2037 Breach targets resistance objectives at 2.2217 & Read More →

USD/CAD Continues to Coil- Aussie Faces Employment Report, China CPI

Talking Points: - USD/CAD Range Remains in Play Despite Upbeat BoC. - AUD/USD Eyes Former Support Ahead of Australia Employment Report, China CPI. - USDOLLAR Bullish Outlook Remains Favored as Bullish RSI Trigger Takes Shape. For more updates, sign up for David's e-mail distribution Read More →

NZD/USD, USD/CAD Face Key Levels as BoC, RBNZ Meet

Talking Points: - Both the BoC (14:00 GMT) and the RBNZ (21:00 GMT) meet today. - USDCAD's two-month uptrend in question if triangle fails. - See the September forex seasonality report. Needless to say, expect a wave of volatility in the FX commodity bloc Read More →

Commodity Dollars Rise, Yen Falls as Risk Appetite Firms Overnight

Talking Points: Commodity Dollars Gains, Japanese Yen Declines as Risk Appetite Firms S&P 500 Index Futures Hint Risk-On Sentiment Likely to Carry Forward See Economic News Directly on Your Charts with the DailyFX News App The Australian, Canadian and New Zealand Dollars rallied as Read More →

Oil, Copper Rise in Asia Risk Rally; Gold in Range with Fed Blackout

Talking Points: Risk-buying dominated Asian session, weakened USD Oil recovered but topside is weak before EIA & API data Copper surged with China demand, despite sufficient supply Gold steadied as Fed stopped communication until September meeting Risk trades continued in the Asian morning after a Read More →