Crude oil set to break higher
Crude oil is another of the commodities I expect to perform well this year, and for the last few weeks I have been waiting for […]
February 2011
Gold now testing the triple top
In case you hadn’t noticed, gold is now at a critical technical level once again, closing on Friday in the spot market at $1410.10 per […]
Bearish sentiment continues for USD index
The bearish picture for the US dollar index has continued this week once again, with Tuesday’s failed attempt to rally adding further downwards pressure to […]
UK and US equities and update on stock portfolio
A solid end to the week for US equities, which saw the DOW 30 close at 12,391.25, having opened the session at 12,318.67, with investor […]
Silver shines as metals pick up momentum
As I outlined in one of my posts at the start of this year, I expect to see commodities perform extremely well in 2011, and […]
Another gloomy week for the US dollar
The bearish technical picture for the USD index continued once again last week, and much as I expected, ending on Friday with a wide spread […]
USD index remains weak
The hammer candle of two weeks ago on the dollar index chart, duly delivered the expected bounce for the dollar, which closed Friday’s trading session […]
Gold & Silver Update
Spot silver extended its recent bullish rally again yesterday ending with a wide spread up candle which finally took the commodity back above $30 per […]
DOW & VIX Update
US equities continued higher once again yesterday with both the Russell 2000 and 3000 ending higher on the day, the former at 81.23 and the […]
US dollar forecast for this week
An interesting week for the US dollar, which finally managed to find some traction on Thursday and Friday, bringing a temporary halt to the long […]
WTI Analysis
The WTI contract continues to lag Brent which breached the $100 per barrel price handle last week and, in my opinion, the WTI will follow […]
Eurodollar Analysis
A seminal day for the euro vs dollar yesterday which finally managed to breach the 61.8 fib retrace level of the Nov 4 2010 high […]