US dollar index now approaching key levels on weekly chart
Ahead of Friday’s advance GDP for the US markets, its time to take a longer term look at the US dollar index from a technical […]
Forex Market Analysis
The EUR/USD may be finding some support
It’s been another lacklustre week for the euro dollar as bearish sentiment continues to weigh heavily on the pair following the firm breakaway from the […]
JPY/USD and yen index reflect risk on sentiment
The December contract for the 6J yen/usd on the daily chart is once again testing a key level in early trading, with yen weakness prevailing […]
British pound in the firing line…again
As forex markets get underway in the London session, the British pound is once again in the firing line as relentless downwards pressure drives the […]
The dollar, yen and euro stir from their slumbers
Ahead of NFP tomorrow, all the major currencies appear to have awoken from their slumbers with the US dollar, the Japanese yen and the euro […]
The dollar, the yen and the euro awaken from their slumbers
It was another lacklustre day yesterday across the markets as a constant stream of the great and the good expressed their views on the future […]
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, […]
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 […]