Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
US Dollar Index
Forecast for the US dollar index
The US dollar index ended the day and the week in bullish tone, closing with a wide spread up bar on the daily chart at […]
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, […]
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 […]
The dollar index at key technical levels
Over the last few weeks the USD index has continued to consolidate in a relatively range, but one with an ever increasing bullish bias, as […]