Currency majors pick up bearish momentum after the FED
With the long awaited FED announcement now consigned to history, it’s time to revisit the major currency pairs in the light of yesterday’s more hawkish […]
Forex Market Analysis
Where next for the majors as FOMC discord grows
At the start of another week of trading, it’s time to take a spin round the four currency majors of the Aussie, the British pound, […]
Trick or treat from the FED?
As the month of October draws to a close, and with the ghouls and ghosts of Halloween preparing to frighten and alarm in equal measure, […]
US dollar index remains bullish longer term
In the wake of last week’s decision by the FED not to raise interest rates, which has seemingly perplexed a number of market players, now […]
Spot the insider selling in Cable – answers on a postcard!
Cable’s recent revival which was signalled with a two bar reversal off the strong support platform at 1.5163 came to a juddering halt today on […]
Where next for currency majors as new term starts?
As the new autumn term begins for traders, and with the Labor day holiday offering a gentle return to work after the summer recess, it’s […]
Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]
Sterling boosted by inflation data
This morning’s inflation data most definitely put the spring back into Cable bulls with the pair launching itself off the VPOC (volume point of control) […]
Cable drags down the bulls
One question I’m often asked by new traders which currency pairs they should they start with, and my suggestion has always been to consider Cable, […]
Aussie & kiwi rebound following PBOC decision
Market analysts have offered a number of reasons for the PBOC’s dramatic revaluation of the Yuan, including China’s desire to have the currency added to […]
Aussie & pound continue to hold the spotlight
Before tomorrow’s main event, namely the Non Farm Payroll numbers, we still have some important releases for a number of currencies, with the Aussie once […]
Cable waits for BOE
Cable anticipating BOE by going precisely nowhere! All we can say is 1.5550 region represents strong support & is also where have the 200 ma. […]
Cable may be rangebound, but the cross pairs deliver
Tomorrow sees the release of the Services PMI for the UK where a figure of 58.1 is expected against a previous of 58.5, a small […]
Aussie dollar bounces back on RBA rhetoric
It only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went sent completely […]
Aussie dollar in focus
The commodity dollar now coming into the market’s cross hairs is, of course, the Aussie where a string of key releases are due in the […]
Canada and the Loonie under the cosh
Of the currencies likely to be in focus this week, I really did not expect the week to start with a further move lower for […]
Forex update – USD and EUR/AUD
With only two tier 2 releases due this afternoon in the US, namely Flash Manufacturing PMI and New Home Sales, and liquidity fast draining away […]
EUR/GBP – Anatomy of a currency cross
A recurring theme of our weekly forex webinars is the importance of considering the cross currency pairs whenever trading forex. Many traders simply fail to […]