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Bullish
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Bullish
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Bullish
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Real Time News
  • #Gold: Buyers have remained at bay, even with the $USD sell-off, as a bull flag formation has built around a 23.6% retracement of that recent major move.Get your $gld market update from @JStanleyFX here: https://t.co/tkY4716pfC https://t.co/mik1bjz3Fo
  • #BRL, #COP and the #CLP are expected to be the most active Latin American currencies vs USD with 1-week implied volatilities at 13.55, 10.30 and 10.06 respectively
  • RT @LiveSquawk: News Recap - - Some BOJ Policy Makers Want to Save Ammunition - WSJ https://t.co/zweqHl37Ij
  • Australia’s CBA Australia PMI Composite (OCT P) Actual: 50.7 Est: N/A Previous: 52.0 CBA Australia PMI Mfg (OCT P) Actual: 50.1 Est: N/A Previous: 50.3 CBA Australia PMI Services (OCT P) Actual: 50.8 Est: N/A Previous: 52.4 #AUD
  • With Tesla up nearly 20% in after-hours trading, the company has seen its market cap balloon by roughly $9b from $45.5b to $54.4b Pretty incredible short squeeze if you ask me $TSLA
  • Tomorrow holds a few high profile fundamental updates: ECB decision (mon pol) and PMIs (recession fear). But, this pales in comparison to the densely packed run of key events for next week (US and EZ GDP, FOMC decision, BOJ forecasts, Chinese industrial profits; sentiment surveys
  • Heads Up:🇦🇺 AUD CBA Australia PMI Composite (OCT P) due at 22:00 GMT (15min), Actual: N/A Expected: N/A Previous: 52.0 https://www.dailyfx.com/economic-calendar#2019-10-23
  • Heads Up:🇦🇺 AUD CBA Australia PMI Services (OCT P) due at 22:00 GMT (15min), Actual: N/A Expected: N/A Previous: 52.4 https://www.dailyfx.com/economic-calendar#2019-10-23
  • Heads Up:🇦🇺 AUD CBA Australia PMI Mfg (OCT P) due at 22:00 GMT (15min), Actual: N/A Expected: N/A Previous: 50.3 https://www.dailyfx.com/economic-calendar#2019-10-23
  • #Silver prices have edged their way out of a potential bull flag formation, increasing the potential for more gains; however, the move lacks enthusiasm. Get your market update from @CVecchioFX here: https://t.co/Q4kQZk4kjo https://t.co/uyTgjq7pV6

David Song

Currency Strategist

Expertise: Central bank policy, economic indicators, and market events.

David Song is a Currency Analyst for DailyFX, specializing in news-driven trading and mixing fundamental expertise with technical analysis. He studied macroeconomic policies under a visiting scholar at the Federal Reserve Bank of St. Louis while attending the Zicklin School of Business at Baruch College where he received his degree in Finance and Investments. He gained experience in technical analysis from a former president of the Market Technicians Association, and incorporates both technicals and fundamentals in his reporting.

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