Loonie – a barometer of the USD and oil
Today, of course, is FOMC day with the minutes due at 2.00 pm EST, and following in the wake of the dire NFP data on […]
Forex Market Analysis
Aussie strength reflected in the EUR/AUD following RBA
The focus for forex traders overnight was in Australia with the RBA taking centre stage with its decision on interest rates and associated statement. The […]
A classic trap move on the EUR/USD
With Greece firmly back in the picture, the outlook for the euro remains bearish against the US dollar, and with the recent rally for the […]
Crude oil remains heavily bearish with oil inventories coming!
Both the technical and fundamental picture for oil continue to remain heavily bearish, and even the short term effects of the problems in the Yemen, […]
US dollar bounces back
At the start of a another trading week which culminates in the monthly Non Farm Payroll release on Friday, it’s perhaps a good time to […]
US dollar blows the market apart
If there is one term which could best describe last week’s price action in the currency markets it would be that much over used word […]
Oil remains under pressure on all sides
From a technical perspective, last week was a seminal one for crude oil with the commodity finally breaching the platform of support in the $48 […]
Aussie dollar down and out
Bearish momentum has picked up once again in the Aussie dollar, following the Business Confidence release which came in worse than expected at 0 against […]
A significant time for the EUR/USD
Last week’s price action for the eurodollar was significant for several reasons. First, and perhaps most importantly, the congestion phase which began in late January, […]
USD on the march towards 100
An interesting morning for traders so far, with the London session well under way, and what is perhaps revealing is the continued rise in the […]
EUR/USD awakes from its slumbers
For longer term euro dollar traders, it’s been a time to watch, wait and be patient, which is exactly what we said in yesterday morning’s […]
Volume spike on the NZD/USD explained
Question Hi Anna, I have been studying your VPA methods extensively for the past several months. I must say it is very eye opening. I […]
EUR/AUD delivers another great trade
For those of you who came along to the forex trading room yesterday, the trade of the session was the EUR/AUD which reversed off the […]
Aussie dollar battered and bruised – but still fighting!
For the AUD/USD, along with many of the other currency majors, February has been characterized as a pause period on the longer term charts, as […]
All good things come to an end …. for the USD index
As forex traders it is often too easy to forget that even the strongest trends come to an end, or pause in their longer term […]
Cable in focus as we await BOE
Market focus this morning returns to the more mundane, namely the BOE inflation report and press conference with Gov Mark Carney, and it will be […]
It’s a MAD MAD world!
If we could capture the noise of the markets today it would reverberate to the sound of rattles. Rattles being hurled from both the Greek […]
USD/JPY now building a falling triangle
One currency pair which has moved out of the limelight over the last few weeks is the USD/JPY, and following the extended trend run higher […]