Soap Opera & Bubbles
While the financial media (and general media) has been focusing on the IMF and the Greek debt crisis, markets are still readjusting to the recent […]
euro
Eurodollar Update
After last week’s carnage in the commodity market the plight of the euro is once again centre stage as weekend rumours that Greece was looking […]
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 […]
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 […]
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, […]
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 […]
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 […]
Euro vs Dollar Still At Critical Tech Level
Turbulence in Egypt is causing a variety of reactions across all markets which taken with the technical picture of the charts is likely to wrong […]
Tech Levels for the Majors
In anticipation of the tsunami of fundamental news which starts overnight in Japan here is a quick technical round up for the majors: USDJPY The […]
A Pivotal Week Ahead
A busy week ahead with the big beasts of the market jungle coming out and a slew of level one fundamental releases also due for […]
Market Sentiment & Round Up
Market mood, at least in equities and commodities, has turned a little sour this morning following release of key Chinese data overnight. The releases included […]
Today’s Market Mood & Sentiment
Blue skies and sunshine in London this morning reflected the mood in global markets which saw overnight gains for all Asian indices: the Nikkei, Australia, […]
Euro Dollar Dormant (at least for now)
Warning – do not attempt to trade at the euro dollar at the moment. There is a strong pennant formation across most all time frames, […]
Monday Blues for Euro
Today is Blue Monday and considered to be the most depressing day of the year which could explain why the Asian trading session was so […]
Euro Bears Can Take Heart
If there is one book all traders and investors should read it is: This Time is Different : Eight Centuries of Financial Folly by Kenneth […]
Euro Bears Toasted!
Jean Claude Trichet’s hawkish statement yesterday concerning interest rates surprised the forex market, prompting a surge in the euro which gained over 300 pips against […]
Aussie Rallies As Risk Appetite Returns
The Portuguese bond auction and relief that Belgium has pulled back from the brink by posting better than expected deficit figures, has relieved the market […]