Eurodollar slides on poor GDP numbers
Today’s dramatic fall in the eurodollar appears to have been triggered by weaker than expected economic data from the eurozone which confirmed that the economy […]
Forex Market Analysis
Eurodollar analysis 7th February 2013
Ever since Mario Draghi pledged last year that the ECB was ready “to do whatever it takes” to preserve the euro, the single currency has […]
Eurodollar waits on ECB
With markets wait for tomorrow’s interest rate decision from the ECB the eurodollar on the daily chart has continued to trade sideways moving between 1.3457 […]
Silver futures set to break higher
March silver futures followed much the same pattern as gold futures yesterday, closing the session with a narrow spread down candle and ending at $31.71, […]
USDJPY takes a breather
Another extraordinary month for the usdjpy which saw the pair continue to climb higher, ending last Friday’s trading session as a wide spread up candle […]
Eurodollar Forex Analysis 4 Feb 2013
With last week’s raft of economic releases now just a dim and distant memory the markets are consolidating and moving on as they await the […]
USD index bounces off key support
With a frantic January now over and which saw many markets and instruments gain some much needed momentum, the question facing traders is whether February […]
EURGBP trend higher continues on weekly chart
Euro traders can often miss out on some great trades in the cross pairs, and none more so than in the eurgbp which over the […]
Eurodollar Moving Higher Ahead of Key Fundamental Data
Another good at the office for euro bulls as the eurodollar continues to surge higher, moving strongly through the 1.3500 price point to trade at […]
USD Index Approaching Key Technical Indicator 30 Jan 2013
Given the raft of heavyweight fundamental data expected this week and which starts today in the US with the ADP employment numbers, advance Q4 GDP […]
EURUSD breaks through $1.34 resistance
The euro continues to defy its detractors and critics, surging ahead in this morning’s trading session against the US Dollar, the British Pound, the Swiss […]
Sterling continues slide vs USD & Euro
Following three days of sideways consolidation, where the 1.58 level gave some temporary support to cable, the pair has now broken firmly below this price […]
USDJPY set to breach 90 once again
Following a period of sideways consolidation over the last few days above the 88 price region, the USDJPY now looks set for a further attempt […]
New Forex Training Room Starting Soon
I will soon be starting a new series of Forex Training Rooms to cover both the London and New York open. The training rooms are […]
GBP USD Chart Analysis 21 Jan 2013
Cable’s recent fall from grace was further accelerated on Friday which saw the pair plunge lower breaking back below the psychological 1.60 price point to […]
Dollar Index Chart Continues to Consolidate 21 Jan 2013
The USD index continues to remain rangebound on the daily chart and appears to show little sign of breaking out of the its narrow trading […]
AUDUSD Forex Analysis Update 10 Jan 2013
Earlier this week we looked at the Aussie Dollar – not least because there were some important news releases due in Australia. At the time […]
EurUsd Technical Analysis 9 Jan 2013
The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most […]