Forex update – USD and EUR/AUD
With only two tier 2 releases due this afternoon in the US, namely Flash Manufacturing PMI and New Home Sales, and liquidity fast draining away […]
July 2015
Hi ho silver …how low can you go!
For silver investors, and those who rushed headlong into buying when silver prices hit the $50 per ounce price point, it is perhaps the monthly […]
Oil continues to fall as OPEC tightens the screw
As speculative commodity traders, there are few occasions when it is hard not to make money, and certainly at present we have several stand out […]
The trapdoor has finally opened for gold
Longer term gold investors and gold bugs I suggest should look away now as this week’s price action has finally broken below the level of […]
EUR/GBP – Anatomy of a currency cross
A recurring theme of our weekly forex webinars is the importance of considering the cross currency pairs whenever trading forex. Many traders simply fail to […]
US dollar index remains bullish on the weekly chart
With markets now approaching high summer when as traders and investors we can expect a general slow down and draining away of liquidity, it is […]
AUD/NZD – commodity cousins
The release of this evening’s RBA minutes should give us some insight into the Central Bank’s thinking on Australian interest rates, which were kept on […]
British pound in focus
Interesting move in Cable today as it appears to have failed to capitalize on Gov Carney’s remarks about interest rates, and the need for a […]
Gold crushed
Despite being bearish on gold for so long, and sounding to many gold traders and investors like a old recording stuck in a groove, even […]
Stopping volume on the weekly copper chart
When studying any chart in whatever timeframe it can often be difficult to interpret the price action, particularly when a market has been in a […]
Gold continues to lose its shine
For gold investors and gold bugs, the current malaise in the price of gold is both relentless and remorseless with each minor rally promptly engulfed […]
Do turkeys vote for Christmas ?
Well clearly the answer is no and the Greek turkeys have done the same. No great surprise, and perhaps even less so when you consider […]
Forex majors round up as insiders gorge on Monday’s dinner!
As the half time whistle blows on another trading year, it’s time to take a look at four of the major currency futures, as Greece […]