Bullish signal on the USD/CAD daily chart
The USD/CAD closed the week in bullish mood, with the pair testing parity once again, a level not seen since late August, and closing the […]
Forex Market Analysis
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]
My FXstreet forecast for next week
You can catch up with my latest forecasts for next week on FXstreet and as you can see I’m still bullish on the EUR/USD and […]
GBP/USD continues to test the 1.6000 level
A week of two halves for the cable which saw positive sentiment for the British Pound early in the week with a test to the […]
USD/CAD forecast and analysis on daily chart
The usd/cad closed Friday’s forex trading session with a wide spread up bar, having opened at 0.9851 and closed the session at 0.9932, advancing firmly […]
Forex forecast for the EUR/GBP
The eurgbp continued in positive tone last week, despite closing on Friday, marginally lower at 0.8134 with a narrow spread down candle. This bullish momentum […]
My latest forecasts – currencies watch FXstreet
If you are wondering where some of the major currencies are heading in the next week, month or indeed the quarter, you can catch up […]
Market analysis and forecasts for this week
Over the last few weeks, price action in virtually all the principle capital markets has been characterized by two aspects, namely indecision and a lack […]
Euro dollar pair in congestion on EUR/USD daily chart
The EUR/USD pair closed the week at 1.2952, having failed to breach the psychological 1.3000 price level which is now being tested once again following […]
Bearish tone continues for Aussie Dollar on daily chart
The Aussie dollar continues to remain weak following the surprise cut in interest rates by the RBA which gave additional momentum to the move lower. […]
Aussie dollar bearish on the MT4 daily chart
Following yesterday’s wide spread down bar on the AUD/USD daily chart, which moved lower following the surprise rate cut by the RBA, the pair have […]
Bullish momentum on the daily GBP/AUD chart
The GBP/AUD delivered a classic set up on the daily chart following several weeks of sideways with the pair finally breaking out from a narrow […]
WTI oil moves lower along with the CAD/JPY
Crude oil prices closed lower once again in yesterday’s futures trading session with the WTI November contract closing the session at 89.98 on the daily […]
Market forecast for the GBP/USD currency pair
In the good old days, before the euro became a political football in a never ending game, with few rules and no referee with any […]
Expect further weakness on the daily US dollar index chart
This week, was of course, dominated by one item of news, which was the much heralded announcement by the Federal Reserve on Thursday of a […]
US dollar index remains bearish on the daily chart
The December US dollar index futures contract plunged lower once again in yesterday’s futures trading session, closing the day below the psychological 80 region, and […]
EUR/USD remains bullish after minor pullback yesterday
Following Friday’s wide spread up bar which was largely in response to Mario Draghi’s rescue plan for the Eurozone, yesterday’s price action in the euro […]
Money Show video – why the forex market is so important
A few weeks ago I was invited by the Money Show to present a 45 minute webinar on a topic of my choice concerning trading […]