David Song | 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.

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USD/JPY Rate Susceptible To Another Oversold Reading In RSI
USD/JPY trades to a fresh monthly low to largely track the ongoing weakness in US Treasury yields.
AUD/USD Clears October High Ahead Of Australia Employment Report
AUD/USD trades above the October high after clearing the opening range for November.
EUR/USD Rate Eyes August High Ahead Of US Retail Sales Report
Speculation for a smaller Fed rate hike in December may keep EUR/USD afloat over the coming days, but an upbeat US Retail Sales report may curb the weakness in the Greenback.
Gold Price Struggles To Push Above October High Ahead Of US CPI
The price of gold trades above the 50-Day SMA after defending the yearly low.
USD/JPY Outlook Mired By Failure To Defend Monthly Opening Range
USD/JPY extends the series of lower highs and lows from last week amid the recent weakness in Treasury yields.
Gold Price Defends Yearly Low With US CPI On Tap
The update to the US Consumer Price Index (CPI) may prop up the precious metal as the report is anticipated to show easing price pressures.
USD/CAD Reverses Ahead Of 50-Day SMA To Eye Yearly High
USD/CAD may attempt to retrace the decline from the yearly high (1.3978) as it reverses ahead of the 50-Day SMA (1.3248).
Oil Price Holds Above 50-Day SMA To Eye October High
The price of oil climbs to a fresh weekly high following an unexpected decline in U.S. inventories.
USD/JPY Reverses Ahead Of 50-Day SMA With Fed Rate Decision On Tap
USD/JPY appears to be tracking the recent rebound in US Treasury yields as it initiates a series of higher highs and lows.
EUR/USD Rate Outlook Hinges On Fed Rate Decision
Another 75bp Fed rate hike along with a hawkish forward guidance may drag on EUR/USD, and the exchange rate may face headwinds throughout the remainder of the year as FOMC plans to carry its hiking-cycle into 2023.
Oil Price Breaks Out Of Bull Flag Formation To Eye Monthly High
The price of oil trades back above the 50-Day SMA ($86.68) after defending the monthly low.
Gold Price On Track To Test 50-Day SMA Ahead Of US PCE Report
The price of gold trades to a fresh weekly high as US Treasury yields fall to fresh weekly lows.
EUR/USD On Track To Clear Monthly Opening Range Ahead Of ECB Meeting
EUR/USD trades above the 50-Day SMA as it carves a series of higher highs and lows.
Gold Price Reverses Ahead Of Yearly Low To Eye 50-Day SMA
The 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 the 50-Day SMA ($1691) as it reverses ahead of the yearly low ($1615).
USD/JPY Susceptible To Larger Pullback As RSI Falls From Overbought Zone
USD/JPY struggles to retrace the decline from the yearly high amid ongoing speculation of a currency intervention, and the exchange rate may face a larger pullback over the coming day.
USD/CAD To Eye Yearly High On Smaller BoC Rate Hike
The USD/CAD pair looks poised to consolidate 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 is expected to deliver a smaller rate hike.
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