Welcome to another trading year!
First of all, a very Happy New Year and may I wish you all a bright, joyful and very profitable 2014. As I have been […]
Forex Market Analysis
With the FED roadmap now in place – ‘normal service’ can be resumed!
With markets having been given a more or less clear roadmap for the future of QE, and so removing a degree of uncertainty, it now […]
More patience required on the USD/JPY
The USD/JPY on both the daily and the weekly chart, was what I referred to as the ‘patience trade’, a concept that we all struggle […]
Gold futures trading lower on Globex
These are unhappy times for gold bugs as the precious metal continues to struggle, with each rally higher failing to gather any momentum, before collapsing […]
Euro bears reeling, but preparing for more punishment!
Trading with an opinion is perhaps one of the most dangerous traits of financial speculation, and yet it is one that we see time and […]
And the euro survives for another year!
As we come to the end of another trading year many forex traders will be wondering where the most heavily traded pair, namely the eurodollar […]
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 […]
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 […]