David Song Blog | Talkmarkets | Page 1
Currency Strategist at IG Group
Contributor's Links: DailyFX

David Son has 10 years of trading experience in the FX market and has worked with DailyFX since attending college in 2007, starting with an internship. Has spoken at numerous trader expos and conferences over the years as well.

Most Important Trading ... more

All Contributions

Latest Posts
1 to 16 of 463 Posts
1 2 3 ... 29
USD/CAD Rate Pulls Back To Generate RSI Sell Signal
USD/CAD carves a series of lower highs and lows as it extends the decline from the yearly high.
AUD/USD Rate Vulnerable To Dovish RBA Rate Hike
AUD/USD manages to hold above the yearly low (0.6363) following the kneejerk reaction to the U.S. PCE Price Index.
Gold Price Rebound Eyes Former Support Zone
The price of gold extends the rebound from the yearly low as the Relative Strength Index (RSI) climbs above 30 to offer a textbook buy signal.
AUD/USD Rebound Pulls RSI Out Of Oversold Territory
AUD/USD snaps the series of lower highs and lows carried over from last week after failing to defend the May 2020 low.
Crude Oil Price Rebound Keeps RSI Out Of Oversold Territory
The price of oil bounces back from a fresh monthly low as it snaps the series of lower highs.
AUD/USD Selloff Pushes RSI Into Oversold Territory
AUD/USD clears the June 2020 low as it trades to a fresh yearly low.
Crude Oil Price To Eye January Low On Failure To Defend Monthly Low
Failure to defend the monthly range may push the price of oil toward the January low ($74.27) as it appears to be tracking the negative slope in the 50-Day SMA ($91.27).
AUD/USD Rate Rebound Vulnerable To Hawkish Fed Rate Hike
AUD/USD has failed to defend the July low (0.6681) as it trades to a fresh yearly low (0.6670) in September, and the Federal Reserve interest rate decision may keep the exchange rate under pressure.
Crude Oil Price Reverses Ahead Of 50-Day SMA To Eye Monthly Low
The price of oil is under pressure after failing to test the monthly high ($90.39), and crude may track the negative slope in the 50-Day SMA ($91.92) as it reverses course ahead of the moving average.
USD/JPY Forecast: Failure To Clear Monthly High Keeps Range Intact
USD/JPY may consolidate ahead of the Federal Reserve meeting amid the failed attempt clear the monthly high (144.99).
Gold Price Rebound Fizzles Ahead Of 50-Day SMA
The price of gold may continue to track the negative slope in the 50-Day SMA ($1740) as it reverses ahead of the moving average.
EUR/USD Rebound Unravels Amid Failure To Hold Above 50-Day SMA
EUR/USD may continue to give back the rebound from the yearly low (0.9864) as the exchange rate appears to be tracking the negative slope in the 50-Day SMA (1.0107).
USD/CAD Rate To Eye August Low On Failure To Hold Above 50-Day SMA
USD/CAD may continue to give back the advance from the August low (1.2728) if the exchange rate fails to hold above the 50-Day SMA (1.2954).
Crude Oil Price Outlook Mired By Failure To Defend August Low
As it carves a fresh series of lower highs and lows, crude may attempt to test the January low.
Gold Price Defends Yearly Low To Keep RSI Out Of Oversold Territory
The price of gold appears to be stuck in a narrow range following the failed attempt to test the yearly low.
AUD/USD Rate Eyes Yearly Low Ahead Of Australia GDP Report
AUD/USD may struggle to hold its ground ahead of the next Federal Open Market Committee interest rate decision on September 21.
1 to 16 of 463 Posts
1 2 3 ... 29