Monthly archive January, 2016

Talking Points EURUSD rebounds off support- Outlook bearish sub-1.0884 Updated targets & invalidation levels Event Risk on Tap This Week EURUSD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: EURUSD is testing Fibonacci support at 1.0723 with today’s mixed FOMC minutes sparking a rebound in Read More →

- The main constraints to Chinese economy come from the supply side according to President Xi. - Chinese economy follows an L-style path and enters the flat stage of that trend. - Yuan devaluation against the dollar is to designed to maintain Read More →

Talking Points: - XAU/USD Risks Larger Rebound as Bullish RSI Formation Takes Shape. - AUD/USD Threatens Bullish Setup Ahead of Australia Trade Balance Report. - USDOLLAR Fails to Test 2015 High (12,219) as Mixed U.S. Data Persists. For more updates, sign up for David's Read More →

Talking Points: - Riksbank has been threatening intervention for the past several months. - Ability to intervene was codified on Monday with this release. - EUR/SEK move below 9.1000 would greatly raise odds of immediate intervention. The Decision: Time to Intervene The Swedish Riksbank is Read More →

Talking Points - Markets displayed aggressively risk-averse price action last night on the news that North Korea successfully detonated a hydrogen bomb. But it may not have been an actual ‘hydrogen’ bomb, and that’s an important distinction for the world right Read More →

Talking Points: - USD/JPY disconnected from rest of USD-complex. - News cycle and global risk sentiment has turned markedly negative. - See upcoming event risk for FX markets. Risk sentiment is souring globally, and geopolitical tensions are feeding into the negative feedback loop. A Read More →