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David Song

EUR/USD Rate Rebound Struggles Ahead of Former Support Zone

EUR/USD Rate Talking PointsEUR/USD trades near last week’s high (0.9854) on the back of US Dollar weakness, but the recent rebound in the exchange rate appears to be stalling ahead of the former...

AUD/USD Rate Vulnerable to Dovish RBA Rate Hike

Australian Dollar Talking PointsAUD/USD manages to hold above the yearly low (0.6363) following the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price Index, but the Reserve Bank of Australia (RBA) interest...

Crude Oil Price Recovery Takes Shape amid Failure to Test January Low

Crude Oil Price Talking PointsThe price of oil extends the rebound from the monthly low ($76.25) following an unexpected decline in US inventories, and crude may stage a larger recovery over the coming...

Gold Price Rebound Eyes Former Support Zone

Gold Price Talking PointsThe price of gold extends the rebound from the yearly low ($1615) as the Relative Strength Index (RSI) climbs above 30 to offer a textbook buy signal, but the former-support...

USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

Canadian Dollar Talking PointsUSD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate decision may keep the exchange rate...

USD/JPY Eyes September 1998 High as RSI Pushes Into Overbought Territory

Japanese Yen Talking PointsUSD/JPY climbs to a fresh yearly high (139.39) as it extends the advance following the larger-than-expected uptick in the US Consumer Price Index (CPI), with the exchange rate on track...

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