US dollar continues to remain bearish
As the new trading year starts, one of the big questions for the first quarter is whether the US dollar is going to find some […]
Forex Market Analysis
USD suffers from US tax reform jitters
At the start of the last trading week for 2017 last Friday’s positive sentiment for the USD appears to have evaporated, as our USD index […]
Two bar reversal delivers on Aussie cross pairs
One of my favourite candle patterns when trading forex is a pattern that occurs and recurs on all time frames, and it is the two […]
Brexit talks halt rise in 6B
As spot forex traders we often neglect to consider the futures market for a view on market sentiment, which is a great shame because often […]
Euro commodity crosses at key levels
Of our three euro commodity cross pairs, namely eur/aud, eur/nzd and eur/cad, it is the weekly chart for these pairs that is the most interesting, […]
Euro surge higher assisted by market mauling of AUD & NZD
Price action on our complex of euro pairs has seen the single currency move strongly higher, particularly against the Aussie and Kiwi where the surge […]
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 […]
Waiting for the NFP
Just waiting for the last of our trio of USD events, and as mentioned in my last post FOMC was indeed the non-event many suspected […]
Risk off as market waits for BOJ
Today’s risk off sentiment has been clearly reflected in the the Yen complex with the commodity pairs and USD/JPY falling the most, and only the […]
Triple witching for the USD!
In a week where one trading month ends and another begins, it makes sense to consider where the major currencies may be heading into from both […]
Where next for the USD after the FOMC minutes?
With the FOMC minutes due for release later today it’s time to focus once again on the USD index on the daily timeframe. And in […]
Relief rally for the euro !
The recovery and move higher for the euro is being driven by one sentiment. Relief. Relief that for the time being, the Catalan situation has […]
NZD/USD remains under pressure
The NZD/USD has picked up the bearish tone once again overnight and into the London session as two primary forces continue to pressure the pair […]
Cable remains bearish despite bounce
The recent euphoria for the British pound driven by hawkish commentary and statements from BOE governor Carney has all but dissipated, and like the proverbial […]
Where next for the euro ?
For the euro index, this could best be described as one of a long slow decline for the single currency, and of course the big […]
Yen index as we wait for NFP
The second most important currency index is the Japanese yen and moving to the daily chart, the price action here is more laboured and also […]
USD index ahead of NFP
It’s always interesting to check in on the primary currency indices ahead of any major release and even more so when it is Non Farm […]
EUR/GBP continues higher after trap move
Session crossovers, particularly in the transition from the Far East and Asia into the European and London session, are always a happy hunting ground for […]