Daily VIX runs into resistance at the 20 level
The VIX closed yesterday’s US equity trading session at 16.69, having moved steadily lower throughout the day,, and ending with a wide spread down bar […]
Forex Market Analysis
Silver prices set to follow gold lower
The December silver futures contract closed yesterday’s trading session looking weak ahead of the Non Farm Payroll release, having attempted to rally during the session, […]
Forecast for December WTI crude oil futures
The December WTI contract for oil closed marginally higher yesterday, closing the oil trading session at $87.09 per barrel, as the commodity attempts to find […]
December gold futures remain bearish
In a shortened trading week following the devastation of Hurricane Sandy, the markets opened in muted tone, which was has also been reflected in gold, […]
NZD/USD starting to look bearish on the daily chart
The price action for the NZD/USD could best be described as desultory over the last few weeks, with the pair having failed to continue the […]
Despite minor pullback the GBP/JPY remains bullish
Not a currency pair for the faint hearted! The GBP/JPY can be an extremely volatile pair to trade yielding good profits quickly, but losses can […]
Forecast for the USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
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 […]
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 […]