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David Song

EUR/USD on Track to Clear Monthly Opening Range Ahead of ECB Meeting

EUR/USD Rate Talking PointsEUR/USD trades above the 50-Day SMA (0.9893) as it carves a series of higher highs and lows, and the exchange rate may stage a larger recovery ahead of the European...

Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA

Gold Price Talking PointsThe price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low ($1617), and the precious metal may attempt to test...

USD/JPY Susceptible to Larger Pullback as RSI Falls from Overbought Zone

Japanese Yen Talking PointsUSD/JPY struggles to retrace the decline from the yearly high (151.94) amid ongoing speculation of a currency intervention, and the exchange rate may face a larger pullback over the coming...

USD/CAD to Eye Yearly High on Smaller BoC Rate Hike

Canadian Dollar Talking PointsUSD/CAD consolidates after clearing the opening range for October, but the exchange rate may attempt to retrace the decline from the yearly high (1.3978) as the Bank of Canada (BoC)...

EUR/USD Rebound Fizzles Ahead of 50-Day SMA

EUR/USD Rate Talking PointsEUR/USD carves a series of lower highs and lows as it continues to pull back from the weekly high (0.9876), and the exchange rate may depreciate over the coming days...

AUD/USD Outlook Mired by Failure to Push Back Above September Low

Australian Dollar Talking PointsAUD/USD retraces the decline following the weaker-than-expected Australia Employment report to trade to a fresh weekly high (0.6356), but the recovery from the yearly low (0.6170) may end up being...

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