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USD/JPY Stuck in Continuation Pattern Ahead of Japan GDP, BoJ Meeting

USD/JPY Stuck in Continuation Pattern Ahead of Japan GDP, BoJ Meeting
Fundamental Forecast for Yen:Neutral USD/JPY Risks Larger Pullback as Bull-Flag Formation Takes Shape USD/JPY Pulling Back from Former Support Line For Real-Time SSI Updates and Potential Read More →

AUD/USD Preserves Descending Channel Formation Ahead of RBA Minutes

Talking Points: - AUD/USD Preserves Descending Channel Ahead of RBA Minutes. - USD/CAD Eyes Key Resistance- Canada Retail Sales, Consumer Price Index in Focus. - USDOLLAR Continues to Carve Bearish Pattern as Mixed U.S. Data Continues. For more updates, sign up for David's e-mail Read More →

What in the World is the Fed Doing, and How Can an Investor Respond?

Talking points: -Nobody in this world really knows what the Fed is doing, even the members of the Fed. - What they have successfully done over the past three months has provided vexing commentary on the scope of the global economy. - Monetary Read More →

Make or Break Day for the USDOLLAR Index?

Talking Points: - EUR/USD faces retest of daily 8-EMA - hasn't closed above since October 22. - USDOLLAR hasn't seen two closes below its daily 8-EMA since October 19-20. - See the November forex seasonality report that forecasts US Dollar strength. If there were Read More →

AUD/USD to Preserve Bearish Channel on Upbeat U.S. Retail Sales

- U.S. Advance Retail Sales to Increase Second-Consecutive Month. - Household Spending Has Increased Four Out of Last Nine-Months. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Advance Retail Sales Another 0.3% rise in U.S. Retail Sales may Read More →

Gold, Copper Collapse under Rate Hike Prospect and China Credit Slump

Talking Points: Oil fell near record low after official report confirmed US stock build Gold touched 5-year low as US jobs firm and Fedspeak supports a lift-off Copper lingered at 6-year low while China’s credit slump threatens demand Metal market took a hit overnight Read More →