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 […]
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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 […]
Market analysis and trends for 2013
As we move towards the end of another trading year, the statement which perhaps frames the financial markets for 2012, was that issued by Mario […]
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 […]
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, […]
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 […]
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 […]
Cable set for bearish move lower
The GBP/USD, along with other major currency pairs has moved lower in this morning’s early FX trading session, following Friday’s surge higher for the US […]
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 […]
Despite minor pullback the GBP/JPY remains bullish
Not a currency pair for the faint hearted! The GBP/JPY can be an extremely volatile pair to trade yielding good profits quickly, but losses can […]
Forecast for the USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
Bullish signal on the USD/CAD daily chart
The USD/CAD closed the week in bullish mood, with the pair testing parity once again, a level not seen since late August, and closing the […]
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]