EURUSD breaks through $1.34 resistance
The euro continues to defy its detractors and critics, surging ahead in this morning’s trading session against the US Dollar, the British Pound, the Swiss […]
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Sterling continues slide vs USD & Euro
Following three days of sideways consolidation, where the 1.58 level gave some temporary support to cable, the pair has now broken firmly below this price […]
USDJPY set to breach 90 once again
Following a period of sideways consolidation over the last few days above the 88 price region, the USDJPY now looks set for a further attempt […]
GBP USD Chart Analysis 21 Jan 2013
Cable’s recent fall from grace was further accelerated on Friday which saw the pair plunge lower breaking back below the psychological 1.60 price point to […]
AUDUSD Forex Analysis Update 10 Jan 2013
Earlier this week we looked at the Aussie Dollar – not least because there were some important news releases due in Australia. At the time […]
EurUsd Technical Analysis 9 Jan 2013
The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most […]
Forex Technical Analysis AudUsd 7 Jan 2012
With little fundamental news in Europe today forex traders may wish to focus their attention on the commodity dollars and in particular on the Australian […]
Aussie Dollar Outlook 3 Jan 2013
The key technical level for the aussie dollar on the daily chart remains the 1.0600 level which saw the pair fail at this level on […]
USD CAD Forecast 3 Jan 2013
As we start another trading year the usdcad pair has begun 2013 in much the same vein as it ended 2012, looking decidedly weak having […]
Eurodollar Forex Analysis 2 Jan 2013
As we enter a new trading year the eurodollar is delicately poised below the 1.3300 price point, following a sustained period of sideways price action […]
GBPUSD Forex Forecast 2 Jan 2013
The pound dollar retreated into its shell ahead of the new year, largely promoted by an isolated pivot high on the 19th December 2012 at […]
Bullish trend continues for GBP/USD
Cable continued to extend the recent bullish trend further once again today, with the pair breaking above the psychological 1.6200 price point on the daily […]
Aussie dollar forecast
Another day of narrow price action for the AUD/USD, as the pair once again struggled to find any meaningful momentum, trading in a tight range […]
Forex technical analysis – USD/CAD
The USD/CAD continued to move lower in yesterday’s forex session, adding further bearish momentum, following the failure to breach parity in mid November, with the […]
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 […]
USD/CAD looks set to breach parity on daily chart
An interesting week for the USD/CAD which struggled to breach parity, and closed on Friday marginally lower, following a bounce off the low of the […]
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 […]
NZD/USD starting to look bearish on the daily chart
The price action for the NZD/USD could best be described as desultory over the last few weeks, with the pair having failed to continue the […]