Oil prices continue to drift lower in early trading
Oil continues to find it hard work, building on the bullish breakout of mid June, having moved into a sustained phase of price congestion over […]
Market Analysis Timeline
Equity markets surge higher ahead of Thursday’s NFP
In a holiday shortened week for the 4th July celebrations equity markets are now eying the forthcoming nfp data due for release on Thursday, and […]
Euro dollar finally finds some momentum – courtesy of the US dollar
It’s been hard going for the euro dollar throughout June, as the pair continued to grind their way higher and off the lows of 1.3520 […]
Aussie dollar moves cautiously higher following RBA statement
Like the GBP/USD, the Aussie dollar is another currency pair which is now starting to break out from a recent phase of price congestion, but […]
GBP/USD breaks out as bullish trend continues
Yesterday’s forex trading session was a seminal one for the GBP/USD which finally broke out as expected, moving firmly away from the 1.7000 price point, […]
Don’t panic just yet!
With fear continuing to drain away from the VIX, it’s complacency that rules at present as the ultimate index of fear and greed continues to […]
Gold looks like a trap up move!
As another trading month comes to an end, gold traders will be watching wondering and waiting as the precious metal is once again poised delicately […]
Catch up with my latest currency forecasts
Catch up with my latest currency forecasts over at FXstreet.com. These are updated weekly and now include both the majors and cross currency pairs, so […]
The NQ E-mini leads – and the others follow!
For the doom mongers and doubters, the last two months have been a salutary lesson in trying to predict the top of the market – […]
Bullish sentiment for silver returns, but for how long?
For metal investors, whether in gold or silver the last few months have been a torrid time, with June’s bullish momentum for both metals providing […]
Crude oil futures reverse on short term weakness
Crude oil futures continue to find it hard work moving higher, with the August WTI contract failing to breach the $107.50 per barrel level, with […]
Currency futures finding it tough – except for the Canadian dollar!
The Aussie dollar has continues to find it hard going over the last few weeks, as the pair find the 0.9400 price region a tough […]
Crude oil futures pick up their bullish momentum again
Crude oil futures have once again regained their bullish tone, following the pause and reversal earlier in the week, which saw the July WTI contract […]
Currency futures point the way forward for EUR, CAD, AUD and GBP
As markets pause ahead of this evening’s FOMC meeting, time to take a look at the technical picture for four of the currency majors, namely […]
Risk and sentiment on the Yen index
Most forex traders will be familiar with the Dollar index, but few may know there is an equivalent Yen index which is of equal importance […]
Interest rate differentials now rising to the top!
In 2007 the world changed, and for traders changed beyond recognition. Prior to these cataclysmic events most financial markets operated on one where price discovery […]
Commodities reflect the global tensions
In any escalation of political tension oil and gold are the two key commodities to watch. For oil the breakout and surge higher was largely […]
Equity markets pause along with the VIX
Whilst the ongoing conflicts in both the Ukraine and Iraq are beginning to impact world markets, yesterday’s price action was less severe than expected. In […]