Eurodollar analysis 7th February 2013
Ever since Mario Draghi pledged last year that the ECB was ready “to do whatever it takes” to preserve the euro, the single currency has […]
forex trading
Eurodollar waits on ECB
With markets wait for tomorrow’s interest rate decision from the ECB the eurodollar on the daily chart has continued to trade sideways moving between 1.3457 […]
USDJPY takes a breather
Another extraordinary month for the usdjpy which saw the pair continue to climb higher, ending last Friday’s trading session as a wide spread up candle […]
EURGBP trend higher continues on weekly chart
Euro traders can often miss out on some great trades in the cross pairs, and none more so than in the eurgbp which over the […]
Eurodollar Moving Higher Ahead of Key Fundamental Data
Another good at the office for euro bulls as the eurodollar continues to surge higher, moving strongly through the 1.3500 price point to trade at […]
EurUsd Technical Analysis 9 Jan 2013
The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most […]
Aussie dollar forecast
Another day of narrow price action for the AUD/USD, as the pair once again struggled to find any meaningful momentum, trading in a tight range […]
Forecast for the EUR/USD today
Bullish momentum has returned to the EUR/USD once again, following Friday’s plunge lower for the US dollar, which sent the pair surging higher to test […]
EUR/JPY set to move higher on the daily chart
With the US markets closed today for the annual Thanksgiving holiday, many currencies have struggled to find any traction, but not the Yen, which continues […]
Where next for the USD/JPY on the daily chart?
The dollar yen moved higher once again yesterday, closing at 81.67 on the daily chart, and this positive sentiment has continued once again in this […]
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 […]
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, […]
Forecast for the USD/JPY on the daily chart
The USD/JPY continued to trade above the psychological 80 level once again today, despite testing the 79.95 level on the daily chart, before clawing it’s […]
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 […]
Cable set for bearish move lower
The GBP/USD, along with other major currency pairs has moved lower in this morning’s early FX trading session, following Friday’s surge higher for the US […]
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 […]
Forecast for the US dollar index
The US dollar index ended the day and the week in bullish tone, closing with a wide spread up bar on the daily chart at […]