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, […]
Forex Market Analysis
Yen index set for explosive breakout
With the markets awash with rumour and speculation concerning the Bank of Japan and its plans to reduce rates still further, and into negative territory, […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
Gold and the US dollar post Brexit
Ten days on from the momentous Brexit vote seems a good time to reflect on and review some of the principle markets and indices particularly […]
USD/JPY now has 100 in sight
It was yet another interesting week for the USD/,which continued to remain firmly in the control of the bears, with the pair closing the week […]
Sentiment changing for the US dollar index
With the monthly brouhaha of non farm payroll now consigned to history, and as we start a new trading month, it’s time to revisit the […]
Perfect price action on the CAD/USD chart
The daily chart of the CAD/USD is one of those examples where the description of technical analysis being an art and not a science, neatly […]
Risk on returns as yen pauses and falls
It’s not so long ago that many traders were bemoaning a lack of market volatility, from which we can only assume the trading gods have […]
Volume signals return of buyers to the GBP/USD
For the British pound, the new year brought little respite from the heavily bearish picture which continued unabated for much of January, against the backdrop […]
Copper prices remain beaten down
The start of the new year has seen no let up in the torrid time for commodities and commodity currencies, but for copper the continued […]
Copper and the Aussie dollar under the cosh
For commodity currencies, and commodities in general, with the exception of gold, it’s been a torrid start to the year, with the Canadian dollar under […]
Yen buying continues helped by North Korea
With equity markets once again under pressure as North Korea sends both physical and metaphorical tremors around the world, the USD/JPY in both spot and […]