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Monthly archive February, 2016

Decision Time for Risk, USD-pairs; CAD-crosses at Inflection Points

Talking Points: - USD/CAD breaks lower, respecting technical momentum; EUR/CAD may be next. - AUD/USD, NZD/USD, USD/JPY moves contingent on what broader risk assets - like the S&P 500 - do next. - As market volatility rises, it's a good time to review Read More →

Euro at Risk on ECB Minutes, US Dollar Eyeing Fed-Speak

Talking Points: NZ Dollar gains on firming risk appetite, Aussie struggles after jobs data Euro to fall with Yen if ECB minutes boost easing bets, bolster sentiment US Dollar may be more sensitive to hawkish vs. dovish Fed commentary The sentiment-linked New Zealand Dollar Read More →

Strong Australia Employment Report to Fuel AUD/USD Rebound

- Australia Employment to Rebound 13.0K in January. - Jobless Rate to Hold at Annualized 5.8%- Lowest Since April 2014. For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Employment Change A 13.0K rebound in Australia Employment accompanied by Read More →

AUDUSD Opening Range Break Pending Ahead of Aussie Employment Data

Talking Points AUD/USD sets weekly opening range ahead of employment data Updated targets & invalidation levels Event Risk on Tap This Week AUDUSD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: AUDUSD rebounded sharply off confluence support at 6985 earlier this month with the rally Read More →

Bull or Bear on the S&P, What is a Trader to Do?

Talking Points: - Most equity markets are continuing their rallies that had begun last Friday. No real fundamental or macro changes have been evident as of yet. - The S&P has put in a screaming rally over the past two trading days Read More →

US Dollar Desperately Needs Good Data to Offset Losses

Talking Points: - US economic data off to its worst start over the past 10 years. - USDOLLAR Index still in countertrend trading mode. - As market volatility rises, it's a good time to review the "Traits of Successful Traders" series. After a few Read More →