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 […]
Forex Market Analysis
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 […]
US dollar index remains bullish on the weekly chart
With markets now approaching high summer when as traders and investors we can expect a general slow down and draining away of liquidity, it is […]
AUD/NZD – commodity cousins
The release of this evening’s RBA minutes should give us some insight into the Central Bank’s thinking on Australian interest rates, which were kept on […]
British pound in focus
Interesting move in Cable today as it appears to have failed to capitalize on Gov Carney’s remarks about interest rates, and the need for a […]