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Monthly archive September, 2015

Euro, Market-Wide Sentiment in the Balance on ECB Rate Decision

Talking Points: Euro, Market-Wide Sentiment in the Balance on ECB Policy Announcement Australian Dollar Down on Soft Retail Sales Data, Yen Sold as Risk Recovers See Economic Releases Directly on Your Charts with the DailyFX News App The monetary policy announcement from the European Read More →

Oil, Copper Steady as China Closes, Gold Flat into US Employment Data

Talking Points: China market closes, ECB meets on monetary policy Thursday, US Non-farm Payrolls Friday Gold held loss as stocks recovered, stayed dormant before NFP Oil steadied after extreme volatility following large output rise and equity rebound Copper sustained gains in thin market, though Read More →

USDJPY Battle Lines Drawn Ahead of NFPs- Short Scalps Favored Sub 120.80

Talking Points USDJPY approaches initial resistance at 120.70 Updated targets & invalidation levels Event Risk on Tap This Week USDJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDJPY approaches near-term resistance confluence 120.70/77 Key resistance & broader bearish invalidation at 121.83 Interim support objectives 119.88, 119.24 & Read More →

Retail FX Remains Short EUR/USD Ahead of ECB- GBP/USD Eyes June Low

Talking Points: - EUR/USD Retail Crowd Remains Net-Short Ahead of ECB Meeting. - GBP/USD Searches for Support Ahead of BoE Rate Decision. - USDOLLAR Approaches Key Resistance Despite Disappointing ADP Employment Report. For more updates, sign up for David's e-mail distribution list. EUR/USD Chart - Created Read More →

AUD/USD Down Under $0.7000 as HY, EM FX Pressure Remains

Talking Points: - AUDUSD dips below $0.7000 for the first time since April 2009. - USDOLLAR Index aims for retest of range top near 12070. - See the DailyFX economic calendar for Wednesday, September 2, 2015. As equity markets around the globe struggle to Read More →

Dollar, Euro and Yen May Rise as US Data Weighs on Market Mood

Talking Points: US Dollar, Euro and Yen May Rise as US Data Triggers Risk Aversion Anew Commodity Dollars Rise as Sentiment Trends Correct After Rout Overnight See Economic Releases Directly on Your Charts with the DailyFX News App The Australian, Canadian and New Zealand Read More →