Currency majors mixed in quiet week
Last week in a relatively quiet week for the currency majors in the run up to Thanksgiving, it was the euro and the British pound […]
November 2015
Notify the Queen… the US dollar index is 100
Here in the UK we have a very well established tradition whereby once any citizen reaches the venerable age of 100, they receive a personal […]
Gold drops again and takes out key level
For gold bugs, the second half of November had been one of hope. Hope the precious metal would finally find some much needed support, or […]
It’s business as usual for the VIX
For the VIX it has been business as usual with the reverberations of late summer calming as the index continues to edge ever lower and […]
Janet’s effort at the Fosbury flop!
We have all heard of the Fosbury flop which revolutionized the sporting world of high jumping, but sadly the same could not be said of […]
Sterling under pressure in the US forex session
By the time we came to our forex webinar for the start of the New York session, it was clear the heavily negative sentiment towards […]
EUR/GBP delivers in London forex session
Friday’s forex webinars, not only delivered some great trades, but also some excellent trading lessons which reinforced not only our volume price analysis methodology, but also […]
Swiss franc matrix as we approach the anniversary
15th January 2015 is a date etched into the memory of Swiss franc traders, and is the day the SNB removed the floor of support […]
Oil taking centre stage on FED decision
One of the many factors used to decide whether a central bank should or should not raise interest rates is inflation, of which energy is […]
Currency futures reflect on the FOMC minutes
Whilst yesterday’s FOMC minutes were flagged as a tier one item of news, the market reaction suggested that perhaps a tier three ranking would have […]
USD bulls remain in control
Bullish momentum continues to remain firmly in play for the US dollar on the longer term weekly chart, following the minor pull back of last […]
Gloom deepens for gold bugs
It was another gloomy day for gold bugs in yesterday’s trading session with the precious metal picking up bearish momentum once again following last week’s […]
Trap move on 5 min CL chart
It was business as usual for the big operators on the 5 minute chart for oil, with the trap move clearly evident immediately after the […]
Soybean futures finally break away – courtesy of USDA
For Soybean futures, yesterday was a seminal one from a technical perspective with the soft commodity finally breaching the strong platform of support that has […]
Silver Bears…..not Silver Bells
At this time of year with Xmas fast approaching, I am reminded of the classic Yuletide song Silver Bells, composed by Jay Livingston and Ray […]
Oil prices – not waving but drowning!
I’m sure you have read, or maybe come across the poem by Stevie Smith entitled ‘Not waving but drowning’ which in many ways encapsulates the […]
How low can the Euro index go?
The question that everyone is asking right now about the single currency is ‘how low can it go’ and for an answer we need look […]
Rising triangle on the USD index weekly chart delivers
In one of my posts last week where I considered the longer term chart for the US dollar index, I referred to the chart as […]