Bullish momentum continues for the EUR/USD
Euro bears are once again licking their wounds, desperately covering their short positions as the EUR/USD bounces back and looking to re-test the 1.3250 price area, […]
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EURGBP looking set to move higher
When trading the euro the vast majority of forex trades simply focus on one pair, namely the eurodollar. This is a great shame as they […]
Yen Index Heavily Bearish
Most of us are familiar with the Dollar Index, but I thought it would be interesting to post the hourly chart for another index that […]
Eurodollar continues to frustrate the bears
The eurodollar continues to frustrate euro bears with its unerring ability to rise phoenix like from the ashes of yet another sell off. Indeed the […]
EURUSD Positive Ahead of Rate Decision
A very pretty picture for the eurusd on the daily chart, and no doubt one which is making the euro bears weep, once again, with […]
AudUsd regains some positive momentum
The recent slide in the aussie dollar appears to have been halted, in part by this week’s fundamental news which included better than expected retail […]
Eurodollar slides lower
With the inconclusive Italian elections now a dim and distant memory the euro, like many other markets is now looking to recover some poise following […]
Minor respite for Cable
An interesting day for cable yesterday which initially opened the trading session gapped down, following Friday’s downgrade, before ending the session as a relatively wide […]
Little respite for Cable
Friday’s not unexpected downgrade for Sterling simply gave gbpusd bears another excuse to drive the pair lower. The news came late on Friday night […]
USD index back in congestion
Despite having peeked over the strong resistance at 81.60 area, the dollar index has failed to follow through in today’s trading session, reversing sharply lower […]
Eurodollar sharply lower
Before moving to an analysis of the price action in today’s trading session for the eurodollar, which has so far seen the pair move sharply […]
Eurodollar continues to be mildly bullish
The eurodollar continued to trade in a narrow range yesterday, ending the session with a narrow spread up bar before closing at 1.3388, as […]
Relentless slide in cable continues
The recent sell off in cable continues unabated with the pair now breaking below the 1.5550 price point and indeed at the time of writing […]
Eurodollar slides on poor GDP numbers
Today’s dramatic fall in the eurodollar appears to have been triggered by weaker than expected economic data from the eurozone which confirmed that the economy […]
Eurodollar analysis 7th February 2013
Ever since Mario Draghi pledged last year that the ECB was ready “to do whatever it takes” to preserve the euro, the single currency has […]
Eurodollar waits on ECB
With markets wait for tomorrow’s interest rate decision from the ECB the eurodollar on the daily chart has continued to trade sideways moving between 1.3457 […]
USDJPY takes a breather
Another extraordinary month for the usdjpy which saw the pair continue to climb higher, ending last Friday’s trading session as a wide spread up candle […]
Eurodollar Forex Analysis 4 Feb 2013
With last week’s raft of economic releases now just a dim and distant memory the markets are consolidating and moving on as they await the […]