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Monthly archive February, 2016

USD/JPY Outlook Clouded With Bearish Pattern Ahead of Fed Testimony

Talking Points: - USD/JPY Continues to Carve Bearish Pattern- Retail Position Even More Stretched. - Gold Pulls Back from 2015 Trendline- RSI Sits in Overbought Territory. - USDOLLAR Rebounds on Upbeat Labor Market Dynamics- Yellen Testimony in Focus. For more updates, sign up for Read More →

The Real Bain of Equity Markets is Actually a US Dollar Problem

Talking Points: - Global stocks are working on synchronous bear flag formations as more and more signs of recessionary forces present themselves to the global economy. - Stocks put in a strong day on Thursday after comments from Mr. William Dudley were Read More →

Preview for January NFPs and Trade Setups for EUR/USD, USD/JPY

Talking Points: - Euro and Yen likely to move in same direction around NFPs. - Retail crowd continues to fade recent US Dollar selloff. - As market volatility rises, it's a good time to review risk management principles. It's the first US labor market Read More →

EUR/USD Breaks 2014 Trend, RSI Approaches Overbought Ahead of NFP

- U.S. Non-Farm Payrolls (NFP) to Expand Below 200K for First Time Since September. - Average Hourly Earnings to Slow to Annualized 2.2% From 2.5% in December. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Non-Farm Payrolls Another Read More →

US Dollar May Find Lifeline as Jobs Data Revives Rate Hike Bets

Talking Points: Conflicting cues make for clouded outlook before January US jobs report Skewed positioning hints US Dollar to see outsized response on upbeat print New Zealand Dollar down with bond yields as RBNZ outlook deteriorates All eyes are on January’s US Employment data. Read More →

USD/CAD Approaches Key Support Ahead of NFP- Buy Dips or Sell Rips?

Talking Points USD/CAD Breakdown approaching key support hurdles Updated targets & invalidation levels Event Risk on Tap This Week USDCAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: The USDCAD has been trading within the confines of a broad ascending channel formation off dating back Read More →