Monthly archive February, 2016

Talking Points: - AUD/USD Weighed by RBA Verbal Intervention; Retail Crowd Remains Net-Short. - USDOLLAR Remains Capped Despite Strong CPI- Fed Speeches in Focus. For more updates, sign up for David's e-mail distribution list. AUD/USD Chart - Created Using FXCM Marketscope 2.0 AUD/USD looks poised to Read More →

Talking Points: - Global stocks put in an aggressive rally this week after China re-opened from the Lunar New Year. This led many to ask whether we’ve hit a bottom in stock prices after setting new lows just last Thursday. -Be very Read More →

- Headline U.S. Consumer Price Index (CPI) to Pick Up for Fourth Consecutive Month. - Core Rate of Inflation to Hold Steady at Annualized 2.1%- Highest Reading Since July 2012. For more updates, sign up for David's e-mail distribution list. Trading the News: Read More →

Talking Points: Gold surged as investors rushed out of risk assets following an oil slip Oil retreated on data of large US stock build while Saudi, Iran hesitated at the oil pact Copper stick to the week’s high on buying interests Oil price steadied Read More →

Talking Points GBP/NZD at pivotal support ahead of EU Summit / UK Retail Sales Updated targets & invalidation levels Event Risk on Tap This Week GBPNZD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: GBPNZD is testing a critical support confluence at 2.1438-2.1567 – a Read More →

Talking Points: - GBP/USD Retail Shorts Jump, Open Interest Rises Going Into EU Summit. - USDOLLAR to Pare Losses on Sticky CPI, Upbeat Fed Rheotric. For more updates, sign up for David's e-mail distribution list. GBP/USD Chart - Created Using FXCM Marketscope 2.0 With market participants Read More →