Markets await the FOMC as politics dominate
Following the strong trends of earlier in the day, it was no surprise to see forex markets consolidate and move sideways as the London forex […]
forex trading strategies
US dollar drives the major currency pairs
An excellent US forex trading session, which was in sharp contrast to earlier in the day, with the US dollar providing some excellent trading opportunities […]
Wonderful trading and volume price analysis lessons – courtesy of the EUR/USD
All eyes were on the US dollar in the London forex session, following the decision by the FED to raise interest rates another notch, which […]
Excellent trades in the majors during the London forex session
Another excellent forex trading session for the European and London open with the pound and the euro in focus as the Far East and Asia […]
A great trading lesson on the GBP/JPY
The daily chart for the GBP/JPY is perhaps one of the most interesting at present as it highlights several trading related issues which apply to […]
Cable waits on FOMC & BOE
An important week of fundamental data for the British pound kicked off with some Brexit news, and the outline of what is likely to happen […]
AUD/NZD – an interesting cross
We only have two central banks in play this week, namely the RBA and the RBNZ, and with their respective Governors both keen on wanting […]
Cable in consolidation ahead of BOE
The positive sentiment towards the British pound as the result of much better than expected PMI data earlier this month appears to have run its course, […]
US dollar index continues in congestion on daily chart
As the talking heads of the FED continue to posture and strut on the world stage, driving markets to distraction and traders to tear their […]
Cable drags down the bulls
One question I’m often asked by new traders which currency pairs they should they start with, and my suggestion has always been to consider Cable, […]
The US dollar : ‘the reports of my death have been greatly exaggerated’
With the brouhaha in Washington continuing to dominate both the financial and main stream media, and the deadline for a technical US default drawing ever […]
Forex round up as we wait for NFP – or perhaps not!
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought […]
Volatility, vigilance and volume – the three V’s to success!
The new trading week and month has started on a very sour note, as markets begin to digest the implications of the impasse currently underway […]
Volume price analysis answers all the questions for the AUD/USD
An interesting phase of price action is now developing on the weekly chart for the AUD/USD, and many forex traders are now asking whether the […]
USD/JPY preparing to breakout – but when?
If you were wondering what was happening with the USD/JPY, then a glance at the weekly chart for the currency pair would provide you with […]
To taper or not to taper – that is the question!
The FED’s decision not to announce the start of its taper program caught out many market participants, which is odd, as even a cursory glance […]
Weekly chart for GBP/USD now at an interesting point!
At the beginning of a new trading week it’s sometimes useful to step back and consider the dominant trend on a longer time frame, and […]
A significant week for the Yen index
Given last week’s flip flopping in the markets following the FED’s decision to postpone tapering, it’s always useful to take a look at a key […]