No…not a selling climax!
The bears growled on Friday, and have continued to growl in early trading with all the principal US markets firmly lower on Globex, and duly […]
2016
Nervous anticipation for the US indices
Nervous best describes US equity markets today, and with so many influences now coming to bear, and this nervous tension can only increase over the […]
Aussie dollar resumes bullish progress
Video of a trade we considered in this morning’s forex webinar. Pullback on aussie dollar following yesterday’s sharp move higher stalled at the low of […]
Over supply continues to drive copper prices lower
As global markets return to business after the summer recess, and commodity markets attempt to find some much needed traction, the story for copper is […]
Silver remains bearish but finds some technical support
Last week was a more positive one for silver which finally found some much needed upside momentum following the recent bearish picture on the daily […]
Where next for the currency majors?
August was a month of almost perfect symmetry for the Aussie dollar, with the bullish sentiment of the first half, duly replaced with equally bearish […]
CRB index remains very bearish
Another bad week for commodities in general with the CRB index reflecting the bearish sentiment currently in place across the complex. This weakness was triggered […]
Oil prices remain under pressure ahead of NFP
Oil prices have continued to remain pressured once again this week as a confluence of fundamental and technical forces combine to maintain bearish sentiment. And […]
Yen index rises after BOJ disappoints
The Yen index continued to rise overnight as the markets absorbed news from the two day meeting of the Bank of Japan, with the general […]
Gold pausing ahead of the FED
Gold prices continue to remain locked in a tight range ahead of today’s key statement from the US FED, and with interest rates likely to […]
Yen waiting in the wings
Once the FED has shuffled off the world stage, it will be time for the BOJ to step into the spotlight as the Bank starts […]
Where next for the US dollar?
As the markets await the key fundamental news later today, with all eyes on the FED, it is the US dollar that takes centre stage, […]
Oil remains very bearish ahead of inventories
The longer term recovery for oil which peaked in the $52 per barrel area last month, is now reversing once more and picking up bearish […]
Cable continues to consolidate in a narrow range
Cable continued to consolidate last week in the after shock of Brexit, with the pair trading in a narrow range on the daily chart, and […]
Fear drains away as VIX sinks lower
As US equity markets continue to defy gravity and move inexorably higher, so the VIX slides ever lower as market complacency takes hold with risk […]
Gold canaries waiting to sing
Last week’s bearish engulfing candle for gold on the weekly chart appears to have had some follow through at the start of the new trading […]
Silver picks up bullish tone
Whilst much of the focus has been on gold over the last ten days as the ripples of the Brexit vote continue to wash through […]
Good news for commodities with Baltic Dry and CRB
As the first half of the trading year disappears astern, and we look forward to facing the second half, commodity markets in particular now appear […]