Flags flying as USD/JPY breaks away from pennant pattern!
Regular readers of my market analysis, and attendees at my online forex training webinars, will have seen me refer to the weekly chart for the […]
Forex Market Analysis
YM touching key level
In the second of our benchmark charts, the YM (e mini for the Dow Jones) here too we can see this index is also on […]
Appeal for help following Typhoon Haiyan
Please make a donation NOW Many of you reading this post, will already be aware of the devastation caused by Typhoon Haiyan which hit the […]
Emotional times for gold traders!
For gold bugs the past few weeks have been a roller coaster of emotions, with the gold price first recovering strongly from the low of […]
Bullish momentum returns for the US dollar
Not wishing to sound too smug, but in my post of mid October when everyone was writing off the US dollar, I did suggest that […]
US dollar regains its mojo
A confluence of factors all conspired to give the poor old US Dollar some much needed bullish momentum last week, coming in a variety of […]
CAD/JPY moving to test support on the weekly chart
Whilst the relationship between the US dollar and oil appears to have broken down, one that continues to remain in place is that between oil […]
Markets return to normal – but what’s normal?
With the US government shut down at an end and the debt ceiling crisis kicked into the long grass, at least for the time being, […]
Gold and the US dollar – back in harness?
Much as expected, and indeed as I suggested in yesterday’s post on gold, the precious metal has finally managed to find some bullish momentum, following […]
The US dollar : ‘the reports of my death have been greatly exaggerated’
With the brouhaha in Washington continuing to dominate both the financial and main stream media, and the deadline for a technical US default drawing ever […]
Forex round up as we wait for NFP – or perhaps not!
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought […]
Volatility, vigilance and volume – the three V’s to success!
The new trading week and month has started on a very sour note, as markets begin to digest the implications of the impasse currently underway […]
Volume price analysis answers all the questions for the AUD/USD
An interesting phase of price action is now developing on the weekly chart for the AUD/USD, and many forex traders are now asking whether the […]
USD/JPY preparing to breakout – but when?
If you were wondering what was happening with the USD/JPY, then a glance at the weekly chart for the currency pair would provide you with […]
Weekly chart for GBP/USD now at an interesting point!
At the beginning of a new trading week it’s sometimes useful to step back and consider the dominant trend on a longer time frame, and […]
A significant week for the Yen index
Given last week’s flip flopping in the markets following the FED’s decision to postpone tapering, it’s always useful to take a look at a key […]
The USD index reveals it all this week!
As I mentioned in my podcast at the start of the week, this was one which was likely to be characterised by some volatile, but […]
Summers over, Merkel manouvering, and FED flumaxed – another week ahead!
This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on […]