Is Pullback in Gold Imminent?
Yesterday’s price action on the spot gold daily chart was extreme in every sense and ended the gold trading session with one of the strongest […]
Forex Market Analysis
Dollar Boost May Be Short Lived
With most markets closed for the May day holiday the unexpected announcement of the death of Osama Bin Laden has, so far, had little impact […]
Eurodollar Update 21 April 2011
Sometimes when trading all you need is the perfect candle and one of my favourites is the hammer candle, as it both simple to identify […]
US treasuries hold the key to trading this week
First of all may I say a huge thanks to all of you who managed to come along to Saturday’s presentation at the Traders Expo, […]
Gold & Silver Update
With the first quarter of the year now coming to a close I thought this would be a good time to review the precious metals, […]
Will the Fed Survive?
Utah has had enough of the Federal Reserve and has recently passed a bill to make gold and silver legal tender and shops will soon […]
Market Round Up
This past week has seen an almost “perfect storm” of events, making it almost impossible to keep up with developments whilst at the same time […]
Market Reflections
Reactions to the Japanese earthquake last week have been fairly predictable so far in the financial markets – equities have sold off sharply with shares in […]
Oil and the Canadian Dollar
As a confirmed crude oil bull, who has been bullish on the commodity since early 2010, the recent breakout about $100 per barrel, following the […]
NFP, the dollar index, and “strong vigilance” – what a carry on!
The dollar index has continued to move lower once again today with equity markets climbing as risk appetite returned ahead of tomorrow’s key NFP data […]
Bearish sentiment continues for USD index
The bearish picture for the US dollar index has continued this week once again, with Tuesday’s failed attempt to rally adding further downwards pressure to […]
Another gloomy week for the US dollar
The bearish technical picture for the USD index continued once again last week, and much as I expected, ending on Friday with a wide spread […]
USD index remains weak
The hammer candle of two weeks ago on the dollar index chart, duly delivered the expected bounce for the dollar, which closed Friday’s trading session […]
US dollar forecast for this week
An interesting week for the US dollar, which finally managed to find some traction on Thursday and Friday, bringing a temporary halt to the long […]
Eurodollar Analysis
A seminal day for the euro vs dollar yesterday which finally managed to breach the 61.8 fib retrace level of the Nov 4 2010 high […]