FX News

Talking Points: - GBP/USD Retail Crowd Remains Net-Short Following Dismal U.K. 1Q GDP. - AUD/USD RSI Approaching Overbought- RBA May 5 Meeting in Focus. - USDOLLAR Threatens Key Support Ahead of 1Q GDP, Fed Interest Rate Decision. For more updates, sign up for David's Read More →

Talking Points: - GBPUSD breaks through critical 1.5165/5200 region. - GBPJPY tests December-March downtrend - breakout soon? - See the April forex seasonality report. The British Pound looks primed to extend its gains and in one case, begin an explosive breakout move. See the Read More →

- 1Q U.K. GDP to Expand Annualized 2.6%- Slowest Pace of Growth Since 3Q 2013. - Will the Bank of England’s (BoE) Inflation Report (May 13) Highlight a Slower Recovery? For more updates, sign up for David's e-mail distribution list. Trading the News: Read More →

Talking Points: British Pound Ma Rise if 1Q GDP Data Reboots 2015 BOE Rate Hike Hopes Australian Dollar Gains with Yields Despite Lackluster Stevens Commentary See Economic Releases Directly on Your Charts with the DailyFX News App First-quarter UK GDP figures headline the economic Read More →

Talking Points Weekly DailyFX Scalp Webinar Archive covering featured setups Updated targets & invalidation levels Event Risk on TapThisWeek USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Notes: The USDOLLAR correction has been in play with our outlook unchanged from last week. We are looking to Read More →

Talking Points: - USD/JPY Retail Crowd Increases Long Exposure as Fitch Cuts Japan’s Credit Rating. - GBP/USD Near-Term Advance Vulnerable to Weak 1Q Gross Domestic Product (GDP) Report. - USDOLLAR Outlook Mired by Slowing Recovery- Bearish RSI Momentum in Focus. For more updates, sign Read More →