Gold failing to capitalize on weaker USD
The recent fall in the USD should have given gold traders and investors cause to celebrate given its strong inverse relationship with the precious metal, […]
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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 […]
Waiting for the NFP
Just waiting for the last of our trio of USD events, and as mentioned in my last post FOMC was indeed the non-event many suspected […]
Risk off as market waits for BOJ
Today’s risk off sentiment has been clearly reflected in the the Yen complex with the commodity pairs and USD/JPY falling the most, and only the […]
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 […]
Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]
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. […]
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, […]
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 […]