Monthly archive November, 2015

Talking Points Weekly Scalp Webinar archive covering featured setups ahead of NFPs Updated targets & invalidation levels Event Risk on Tap This Week AUDUSD Daily Chart Created Using FXCM Marketscope 2.0 Notes: Aussie responded to confluence support late last week with the 7065 – 7202 range Read More →

Talking Points: - USD/JPY Range Vulnerable to Upbeat Bank of Japan (BoJ) Minutes. - AUD/USD Rebound at Risk on Dovish Reserve Bank of Australia (RBA). - USDOLLAR Downside Targets Remains in Focus on Mixed U.S. Data. For more updates, sign up for David's e-mail Read More →

Summary: After a hawkish Fed sent the dollar to a 6-month high last week, sellers came in to bring prices back into the symmetrical wedge in the Greenback. This could bring on opportunity for trend-resumption, especially against a Euro that could be Read More →

Talking Points: - EUR/USD maintaining break below $1.1085/1.1100. - GBP-crosses may be peripheral beneficiary of ECB, Fed moves. - See the DailyFX economic calendar for the week of November 1, 2015. FX markets are in need of catalyst. In the weeks after the European Read More →

Talking Points: British Pound Vulnerable if Soft PMI Data Weighs on BOE Tightening Bets US Dollar May Rise if ISM Print Builds on Hawkish FOMC Policy Statement See Economic Releases Directly on Your Charts with the DailyFX News App October’s UK Manufacturing PMI data Read More →

Talking Points: Caixin China Manufacturing PMI beats forecast though official PMI missed 50 mark on Sunday Gold garners buying interests as doubts linger on China’s factory growth Oil is range bound on demand uncertainty, even as production slows Copper holds on to upside as Read More →