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 […]
Major Currency Pairs
USD/CAD volumes decline on the daily chart
The USD/CAD is at in interesting point on the daily chart once again, having recovered from last week’s minor sell off, which saw the pair […]
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 USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
Bullish signal on the USD/CAD daily chart
The USD/CAD closed the week in bullish mood, with the pair testing parity once again, a level not seen since late August, and closing the […]
GBP/USD continues to test the 1.6000 level
A week of two halves for the cable which saw positive sentiment for the British Pound early in the week with a test to the […]
USD/CAD forecast and analysis on daily chart
The usd/cad closed Friday’s forex trading session with a wide spread up bar, having opened at 0.9851 and closed the session at 0.9932, advancing firmly […]
Euro dollar pair in congestion on EUR/USD daily chart
The EUR/USD pair closed the week at 1.2952, having failed to breach the psychological 1.3000 price level which is now being tested once again following […]
Bearish tone continues for Aussie Dollar on daily chart
The Aussie dollar continues to remain weak following the surprise cut in interest rates by the RBA which gave additional momentum to the move lower. […]
Aussie dollar bearish on the MT4 daily chart
Following yesterday’s wide spread down bar on the AUD/USD daily chart, which moved lower following the surprise rate cut by the RBA, the pair have […]
Market forecast for the GBP/USD currency pair
In the good old days, before the euro became a political football in a never ending game, with few rules and no referee with any […]
EUR/USD remains bullish after minor pullback yesterday
Following Friday’s wide spread up bar which was largely in response to Mario Draghi’s rescue plan for the Eurozone, yesterday’s price action in the euro […]
Euro Bears Take Charge!
Wishing everyone a very Happy 2012 – it’s going to be a real roller coaster with lots of volatility and potential for some great trades. […]