Scalping through the London open with the GBP/CAD in focus
A terrific forex trading session as the London markets got underway and the pair to focus on here was the GBP/CAD which delivered in every […]
forex indicator
Eur/gbp waits on Brexit
A quick look at the monthly charts for British pound ahead of tomorrow’s Brexit vote, and in particular the eur/gbp which unlike other sterling pairs has […]
Brexit talks halt rise in 6B
As spot forex traders we often neglect to consider the futures market for a view on market sentiment, which is a great shame because often […]
Euro surge higher assisted by market mauling of AUD & NZD
Price action on our complex of euro pairs has seen the single currency move strongly higher, particularly against the Aussie and Kiwi where the surge […]
Euro duly delivers our forex webinar set up
Many thanks to those of you who came along to our forex webinars today. Both sessions provided us with plenty of examples of volume price […]
Summers over, Merkel manouvering, and FED flumaxed – another week ahead!
This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
The yen index is now poised at key resistance level
Unlike the USD index, the Yen index is delicately poised below a key area of price resistance in the 7780 region, which has now been […]
USD index reverses on weekly doji candle
As we come to the end of another trading week, I just want to return to the USD index, following my post earlier this week […]
Bullish momentum returns for the USD/JPY
The dollar yen staged yet another of its notorious and acute corrections against the background of the usual media reaction, suggesting that the pair was […]
Dollar index reflects indecision in market’s view of USD
Following two weeks of solid gains for the US dollar, last week’s price action was an anomaly, given the sharp sell off in risk assets […]
Now three books on Amazon (and another two coming soon!) – grab yourself a copy at these launch prices!
And NOW in paperback too – order your copy TODAY! Here’s what people have been saying on Amazon, after buying the Kindle version: A Fantastic […]
Forecast for the US dollar on the daily USD index chart
Whatever the market we trade, and whether we are speculators, investors, swing or trend traders, there is one chart which always holds the key, and […]
USD/CAD continues lower with bearish momentum
Bearish momentum in the USD/CAD continued once again yesterday, building on Monday’s negative start to the week for the pair, moving lower once again today, […]
USDCAD Continues Its Bearish Tone
A pivotal day for the usdcad yesterday which saw the pair close the trading session with a wide spread down candle, breaking below the psychological […]
USD/CAD price prediction and forecast
It’s been a real struggle for the USD/CAD this week, with the pair finally collapsing lower yesterday, and ending the session with a wide spread […]
Aussie dollar continues in sideways congestion – again!
The recent reversal in the Aussie dollar, triggered following the long legged doji candle of mid April, which was duly topped off with an isolated […]
Cable now running out of bullish momentum
For forex traders in cable, the last few days could best be described as difficult, as the pair continue to trade in a narrow range, […]