Yen index delicately poised, just like the USD index
Just like the US dollar index, the yen index too, is in a delicate phase of price action on the daily chart. Following the extended […]
July 2013
Dollar index remains bearish, but for how much longer?
Some interesting price behaviour now building on the daily charts for the US dollar index and the Yen index, ahead of next month, as the […]
Crude oil breaks higher but watch the volume!
A quick update on the oil price, in particular the WTI September contract, following its recent breakout and move. The question now is how high is […]
Gold futures breaking higher in bullish mood
Just as gold bugs were beginning to despair of ever seeing an end to the relentless slide in its price, a small chink of optimism […]
Euro dollar in bullish mood!
As with cable, so for the eurodollar, which has also benefited from the recent volatility in the US dollar and once again caused the euro […]
Cable bulls rejoice as dollar weakness drives pound
An interesting technical picture for cable on the daily chart which has seen the pair surge higher in early trading today, and currently testing (at […]
Dollar index now waits for QE tapering
On a very quiet day for fundamental news I thought I would focus on the US in the light of the recent comments by Ben […]
Crude oil pausing and preparing to break higher
Following the recent bullish breakout for crude oil, the commodity has now paused for breath as it continues to consolidate in the $105 to $107 […]
September silver futures remain bearish
The $20 per ounce threshold continues to prove to be a bridge too far for silver, as once again in yesterday’s trading session, the industrial […]
Dollar index now testing the 11,000 level
Complementing the Yen index is of course the US dollar index, and whilst the daily timeframe is the usual chart of analysis, I have moved […]
Yen index looks set for further bearish momentum
The Yen index continues to reflect some interesting price action on the daily chart, for the Japanese yen against a basked of the major currencies, […]
Silver continues its inexorable move South
The heady days of $30 per ounce for silver bulls, now seem a dim and distant memory as the industrial metal continues its remorseless slide […]
WTI oil futures preparing to move higher
A very pretty picture on the daily WTI futures chart for oil bulls last week which saw the commodity surge higher in an inverted “waterfall” […]
Dollar index waits for FED
Following a relatively subdued period of activity on the US dollar index chart, which saw the price action confined to a narrow range last week, […]
Oil surges higher – inventories and Egypt support the technical picture
A quick update on oil as it breaks through the $100 per barrel price point accompanied by high volume, a classic breakout which is validating […]
Euro bears celebrate, but not for much longer?
Euros bears will no doubt have been heartened by the sharp sell off in the eurodollar which saw the pair pullback from the 1.34 region […]
USD/JPY volumes hold the key!
The last few weeks have produced an interesting phase of price action for the usdjpy, with the pair coming to a shuddering halt at the […]
Crude oil now preparing to test $100 per barrel
As I wrote at the end of last week, crude oil futures were looking in bullish mood and as I suggested at the time, provided […]