Forecast for the USD/JPY
The USD/JPY surged higher in yesterday’s forex trading session, breaking through resistance in the 80.50 region, and closing with a wide spread up bar at […]
forex forecast
USD/CAD volumes decline on the daily chart
The USD/CAD is at in interesting point on the daily chart once again, having recovered from last week’s minor sell off, which saw the pair […]
Forecast for GBP/USD on the daily chart
The GBP/USD continues to look bearish on the daily chart, having broken below the isolated pivot low of 23rd October in the last few days, […]
Euro dollar looking weak and set to fall further
The EUR/USD continues to remain firmly bearish on the daily chart as the currency markets await the outcome of the US presidential election, with most […]
USD/CAD looks set to breach parity on daily chart
An interesting week for the USD/CAD which struggled to breach parity, and closed on Friday marginally lower, following a bounce off the low of the […]
Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
NZD/USD starting to look bearish on the daily chart
The price action for the NZD/USD could best be described as desultory over the last few weeks, with the pair having failed to continue the […]
Despite minor pullback the GBP/JPY remains bullish
Not a currency pair for the faint hearted! The GBP/JPY can be an extremely volatile pair to trade yielding good profits quickly, but losses can […]
Forecast for the USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
My FXstreet forecast for next week
You can catch up with my latest forecasts for next week on FXstreet and as you can see I’m still bullish on the EUR/USD and […]
USD/CAD forecast and analysis on daily chart
The usd/cad closed Friday’s forex trading session with a wide spread up bar, having opened at 0.9851 and closed the session at 0.9932, advancing firmly […]
Forex forecast for the EUR/GBP
The eurgbp continued in positive tone last week, despite closing on Friday, marginally lower at 0.8134 with a narrow spread down candle. This bullish momentum […]
Market analysis and forecasts for this week
Over the last few weeks, price action in virtually all the principle capital markets has been characterized by two aspects, namely indecision and a lack […]
Euro dollar pair in congestion on EUR/USD daily chart
The EUR/USD pair closed the week at 1.2952, having failed to breach the psychological 1.3000 price level which is now being tested once again following […]
Bearish tone continues for Aussie Dollar on daily chart
The Aussie dollar continues to remain weak following the surprise cut in interest rates by the RBA which gave additional momentum to the move lower. […]
Aussie dollar bearish on the MT4 daily chart
Following yesterday’s wide spread down bar on the AUD/USD daily chart, which moved lower following the surprise rate cut by the RBA, the pair have […]
Bullish momentum on the daily GBP/AUD chart
The GBP/AUD delivered a classic set up on the daily chart following several weeks of sideways with the pair finally breaking out from a narrow […]
WTI oil moves lower along with the CAD/JPY
Crude oil prices closed lower once again in yesterday’s futures trading session with the WTI November contract closing the session at 89.98 on the daily […]