Menu

Latest Articles

Upbeat Euro-Zone 3Q GDP Report to Fuel Larger EUR/USD Rebound

- Euro-Zone 3Q GDP to Expand Annualized 1.7%- Fastest Pace of Growth Since 3Q 2011. - Will Faster Growth Dampen Bets for Lower ECB Deposit-Rate? For more updates, sign up for David's e-mail distribution list. Trading the News: Euro-Zone Gross Domestic Product (GDP) The Read More →

AUD/USD to Face Larger Rebound on Strong Australia Employment Report

- Australia Employment to Increase for Seventh Time in Last 10-Months. - Jobless Rate to Hold Steady at Annualized 6.2 for Third Straight Month. For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Employment Change A 15.0K rebound in Read More →

EUR/CAD Rebound Faces Test at Monthly Open

Talking Points EURCAD responds to key support- Longs scalps target November open Updated targets & invalidation levels Event Risk on Tap This Week EURCAD Daily Chart Created Using FXCM Marketscope 2.0 Broader Technical Outlook EURCAD responds to key near-term support confluence into 1.4194 Resistance 1.4396-1.4429 backed by 1.4562/90- Read More →

USD/JPY Risks Larger Pullback as Bull-Flag Formation Takes Shape

Talking Points: - USD/JPY Carves Bull-Flag Formation as Risk Appetite Falters. - EUR/USD Rebound to Gather Pace on Strong Euro-Zone 3Q GDP Report. - USDOLLAR Fails to Benefit From Upbeat Fed Rhetoric- Retail Sales, U. of Michigan in Focus. For more updates, sign up Read More →

A Strategy for Trading Fedspeak (specific focus on EUR/USD)

Talking Points: -After a holiday in the US, markets are primed and ready for volatility as numerous Fed speakers offer commentary today, and given the scope of rate expectations for December, each of these speeches has the potential to be market-moving. - Read More →

Important Retest of Daily 8-EMA Unfolds for the USDOLLAR Index

Talking Points: - EUR/USD sustaining move lower, but inverse H&S possible on H1 timeframe. - Like EUR/USD, broader USDOLLAR has maintained daily 8-EMA on a closing basis since October 22. - See the November forex seasonality report that forecasts US Dollar strength. With four Read More →