Monthly archive September, 2015

Talking Points USDOLLAR vulnerable heading into FOMC Updated targets & invalidation levels Event Risk on Tap This Week USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDOLLAR testing median-line support ahead of FOMC Resistance confluence at 12028 backed by 12050- broader bearish invalidation Support targets at 11942 Read More →

Talking Points: - USDOLLAR Struggles Ahead of Fed Amid Subdued Price Growth. - GBP/USD Rallies to Fresh Monthly High on Faster Wage Growth, Hawkish BoE. - NZD/USD Rebound Vulnerable to Widening New Zealand Trade Deficit. For more updates, sign up for David's e-mail distribution Read More →

Talking Points: - Commodity currencies rebound in line with Chinese equities rallying. - HY and EM FX most likely to benefit if Fed holds tomorrow. - See the September forex seasonality report. The USDOLLAR Index is holding above yesterday's lows, sitting just below 12000, Read More →

Talking Points: Aussie Dollar Gains Alongside China’s Shanghai Composite in Asia Trade US Dollar May Rise After Overnight Dip as CPI Boosts Fed Rate Hike Bets TrackEconomic News Directly on Your Charts with the DailyFX News App The Australian Dollar outperformed in overnight trade Read More →

Talking Points AUDJPY weekly opening range takes shape below key resistance Updated targets & invalidation levels Event Risk on Tap This Week AUDJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDJPY testing key near-term confluence resistance at 86.12/28 Subsequent resistance & broader bearish invalidation at 87.31 Support Read More →

Talking Points: - USD/JPY Outlook Remains Mired Bearish RSI Formation, Upbeat BoJ. - GBP/USD Slips Back to Support Ahead of U.K. Jobless Claims Report. - USDOLLAR Breaks Bearish Pattern Despite Disappointing Retail Sales, Industrial Production. For more updates, sign up for David's e-mail distribution Read More →