Aussie shorts tricked by release
There is always a huge debate about whether it is better to be a technical trader or a fundamental trader. Technical traders believe they are […]
Cross Currency Pairs
Prepare for a bullish breakout in the GBP/JPY and GBP/USD
Following a sustained period of sideways consolidation over the last two weeks, the GBP/JPY appears to be preparing for a further test of the 173 […]
Forex round up as London gets underway
On a slow news day, with only Construction PMI on the horizon in the UK, Ukraine will continue to dominate. Overnight focus was indeed on […]
Is the GBP/CAD now running out of steam following weak UK data
This morning’s sharp sell off in the British Pound following poorer than expected PMI was almost universal and reflected not only in the majors and […]
Appeal for help following Typhoon Haiyan
Please make a donation NOW Many of you reading this post, will already be aware of the devastation caused by Typhoon Haiyan which hit the […]
USD index waiting for NFP trigger!
Ahead of today’s first non farm payroll numbers of the last quarter it’s ironic to think that a forecast of 178k is supposed to […]
The EUR/GBP continues to flirt with the 0.8600 area
The dear old EUR/GBP continues to struggle at the 0.8600 level, testing and retesting on an increasingly regular basis before pulling back to continue this […]
EUR/JPY poised at a key level
The daily eurjpy chart is delicately poised right now, and there are several interesting aspects to consider, before arriving at some firm conclusions for the […]
GBP/JPY preparing to break higher and test resistance above
With the rush to the Japanese yen now appearing to have run out of steam, it’s a good time to be taking a closer look […]
EURGBP looking set to move higher
When trading the euro the vast majority of forex trades simply focus on one pair, namely the eurodollar. This is a great shame as they […]
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 […]
EURUSD Positive Ahead of Rate Decision
A very pretty picture for the eurusd on the daily chart, and no doubt one which is making the euro bears weep, once again, with […]
EUR/GBP breaking higher once again
The EUR/GBP like many other euro pairs continues to defy the euro skeptics with the single currency continuing to recover from the after shocks of […]
EUR/GBP – holds some clues for Euro traders
Following the minor drama in Cyprus, which has seen the Euro selling off against most major currencies, the question everyone is asking now, is whether […]
Euro pound struggles to break higher
The EUR/GBP continued to struggle at the 0.8750 area once again yesterday, ending the trading session with a doji candle, sending a clear signal of […]
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 […]
Sterling continues slide vs USD & Euro
Following three days of sideways consolidation, where the 1.58 level gave some temporary support to cable, the pair has now broken firmly below this price […]