USD/JPY bouncing back to test 100 again
As the week, month and quarter all come to an end I thought it would be useful to consider the daily chart for the usdjpy […]
forex market analysis
EUR/JPY poised at a key level
The daily eurjpy chart is delicately poised right now, and there are several interesting aspects to consider, before arriving at some firm conclusions for the […]
EUR/USD bullish momentum continues – but watch the volume!
Bullish momentum for the eurodollar shows little signs of abating just yet – or does it? Since late May we have seen the single currency […]
Aussie dollar reaching buying climax?
Following the extended bearish phase for the AUD/USD the question that everyone is asking now, is whether this trend has run its course, or are […]
An interesting technical picture on the USD/CAD daily chart
An interesting technical picture is currently developing on the daily chart of the USD/CAD, following the recent sharp move lower for the pair after the […]
Euro dollar bears squeezed again
Another week of pain for the euro bears, as bullish momentum continues to build once again for the EUR/USD, and from a technical perspective, a […]
GBP/USD now broken above key resistance level
In a post last week on the GBP/USD I suggested that a break beyond the key resistance level in the 1.5600 region could provide the […]
GBP/JPY preparing to break higher and test resistance above
With the rush to the Japanese yen now appearing to have run out of steam, it’s a good time to be taking a closer look […]
Cable now delicately poised at key resistance level
Another day of bullish momentum for cable, which surged higher on sustained US dollar weakness, and ending yesterday’s forex trading session with a wide spread […]
Aussie dollar reaching potential reversal?
The weekly chart for the Aussie dollar makes for some interesting reading right now, following the extended phase of bearish momentum which has seen the […]
Aussie dollar continues to remain bullish on daily chart
The AUD/USD has continued to climb higher once again this week, following the extended bearish trend lower, which saw the pair fail at the 1.0600 […]
Prediction for the EUR/USD on the daily chart
The EUR/USD continued to climb higher once again yesterday, recovering virtually all the losses from the sharp sell off last week, which saw the pair […]
Forecast for the EUR/USD today
Bullish momentum has returned to the EUR/USD once again, following Friday’s plunge lower for the US dollar, which sent the pair surging higher to test […]
EUR/JPY set to move higher on the daily chart
With the US markets closed today for the annual Thanksgiving holiday, many currencies have struggled to find any traction, but not the Yen, which continues […]
Enjoy the ride higher with the GBP/JPY
The GBP/JPY has reflected the negative sentiment for the Japanese Yen during the London trading session, with the pair moving sharply higher on fundamental news, […]
Where next for the USD/JPY on the daily chart?
The dollar yen moved higher once again yesterday, closing at 81.67 on the daily chart, and this positive sentiment has continued once again in this […]
Forecast for the USD index
An interesting start to the week for the US dollar, as the currency paused for breath on the daily dollar index chart, following it’s recent […]
Forecast for the USD/JPY
The USD/JPY surged higher in yesterday’s forex trading session, breaking through resistance in the 80.50 region, and closing with a wide spread up bar at […]