Forecast for GBP/USD on the daily chart
The GBP/USD continues to look bearish on the daily chart, having broken below the isolated pivot low of 23rd October in the last few days, […]
November 2012
Forex Room Video Roundup 13th November 2012
Here is a quick video roundup of this morning’s forex trading room where we took a short trade on the cadjpy, closing out on a […]
Forecast for gold on the daily chart
Some interesting changes in trend for gold over the last few days following the sharp move lower earlier in the month, which sent gold futures […]
Forecast for the USD/JPY on the daily chart
The USD/JPY continued to trade above the psychological 80 level once again today, despite testing the 79.95 level on the daily chart, before clawing it’s […]
Euro dollar looking weak and set to fall further
The EUR/USD continues to remain firmly bearish on the daily chart as the currency markets await the outcome of the US presidential election, with most […]
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 […]
Forecast for the US dollar index
The US dollar index ended the day and the week in bullish tone, closing with a wide spread up bar on the daily chart at […]
Soybean, oats and corn all at key levels
Soft commodities, and corn, wheat and soybean in particular, are all at interesting levels on the daily charts, with all three now approaching transitional areas […]
Daily VIX runs into resistance at the 20 level
The VIX closed yesterday’s US equity trading session at 16.69, having moved steadily lower throughout the day,, and ending with a wide spread down bar […]
Silver prices set to follow gold lower
The December silver futures contract closed yesterday’s trading session looking weak ahead of the Non Farm Payroll release, having attempted to rally during the session, […]
Forecast for December WTI crude oil futures
The December WTI contract for oil closed marginally higher yesterday, closing the oil trading session at $87.09 per barrel, as the commodity attempts to find […]
December gold futures remain bearish
In a shortened trading week following the devastation of Hurricane Sandy, the markets opened in muted tone, which was has also been reflected in gold, […]