Monthly archive March, 2016

Talking Points AUD/USD Reverses off resistance at 7590 Immediate focus lower- broader bullish invalidation 7381-7411. Updated targets & invalidation levels AUDUSD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: AUDUSD turned from the April low-day close yesterday at 7590 with a turn in momentum shifting Read More →

The ECB's extraordinary effort to expand stimulus this past week revealed the monetary policy doesn't exact the 'typical' influence on exchange rates, and speculative appetite isn't so easy to inspire. That is dangerous given the influence of the Fed decision Read More →

Fundamental Forecast for British Pound:Bearish Bank of England Governor weighs in on ‘Brexit’, GBP moves higher Brexit nonetheless remains the key focus and keeps pressure on Read More →

Fundamental Forecast for the New Zealand?Dollar: Bearish NZD/USD Falls Dramatically After Surprise RBNZ Rate Cut NZD/USD Technical Analysis: Kiwi Eyes Double Top Resistance For Real-Time SSI Updates Read More →

Fundamental Forecast for Yen:Bearish The Japanese Yen Has Fallen Aggressively Against High-Yielding FX Recently WTI Crude Oil Pushing 4th Weekly Gain Likely to Boost Read More →

- Canada Employment to Increase for First Time in 2016. - Unemployment to Hold Steady at 7.2%, Participation Rate to Narrow to 65.8. For more updates, sign up for David's e-mail distribution list. Trading the News: Canada Net-Change in Employment The near-term rebound in Read More →