Interest rate differentials now rising to the top!
In 2007 the world changed, and for traders changed beyond recognition. Prior to these cataclysmic events most financial markets operated on one where price discovery […]
Forex Market Analysis
Aussie dollar continue in bullish tone
The bullish tone for the Aussie dollar continued overnight and into this morning’s London trading session, with the daily chart of the June futures contract […]
What a signal on the daily euro dollar futures chart!!
Yesterday’s price action on the daily 6E June futures contract for the euro dollar was a master class, both in terms of market manipulation, and […]
Canadian dollar under pressure on June futures
In my post of 28th May I suggested that the Canadian Dollar was approaching a key turning point as it was heavily overbought as displayed […]
Eurdollar pauses, and pauses, and pauses…….
With so many column inches and air time being devoted to tomorrow’s key interest rate decision by the ECB, and in case you’ve been on […]
Aussie shorts tricked by release
There is always a huge debate about whether it is better to be a technical trader or a fundamental trader. Technical traders believe they are […]
Where next for the US dollar?
Following continued bullish momentum for many of the major currency pairs, these are now approaching key technical levels, which if breached could prove to be […]
Patience is the key with the USD/JPY
If the end of 2013 for the USD/JPY could be described as dramatic, the start of 2014 could be summed up as ‘after the Lord […]
Prepare for a bullish breakout in the GBP/JPY and GBP/USD
Following a sustained period of sideways consolidation over the last two weeks, the GBP/JPY appears to be preparing for a further test of the 173 […]
Tough times for EUR/USD forex traders
It’s been a tough couple of weeks for eurodollar traders, with the pair trading in a congested range, testing the 1.3780 floor to the downside […]
Cable preparing to test 1,6800 once more
The last few days have once again seen Cable test the 1.6800 region, only to fail and reverse once more, with the June futures contract […]
Bullish momentum for the AUD/USD continues
The Aussie dollar continued to build on the bullish momentum of the last few weeks, with the June futures contract closing the session with a […]
Forex round up as London gets underway
On a slow news day, with only Construction PMI on the horizon in the UK, Ukraine will continue to dominate. Overnight focus was indeed on […]
The growling bears retreat into the woods!
Looks like the markets just about managed to avoid a mauling by the bears, who have now temporarily retreated to lick their wounds! As mentioned […]
Is the GBP/CAD now running out of steam following weak UK data
This morning’s sharp sell off in the British Pound following poorer than expected PMI was almost universal and reflected not only in the majors and […]
EUR/USD maintains a bearish tone following flash CPI data
Many traders will know the eurodollar can be one of the trickiest pairs to trade, and for evidence of this we only have to consider […]
EUR/USD prepares for further move higher
If equity bears are having a tough time at present, euro bears have had a torrid time over the last few years, with each move […]
Now the focus is on the US dollar
Ahead of Janet Yellen becoming FED chair focus has turned to the USD dollar and whether it is now set for a period of sustained […]