Soybean futures setting up for a deeper move – be patient!
For traders in soft commodities, Soybean remains the stand out commodity for 2012, having delivered two outstanding trades since June. First a bullish trend run […]
2012
Silver price prediction for next week
Whilst it is generally true to say that gold and silver tend to follow one another in terms of market trends and price action, this […]
Forecast for the E-mini NASDAQ 100 index next week
With the US markets closed today, and with a holiday shortened trading day ahead tomorrow, many traders are now looking towards the year end, and […]
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 […]
WTI crude oil continues in sideways price congestion
WTI crude oil futures continued to trade in a narrow range once again today, oscillating between the $86 and $88 per barrel region, as the […]
Gold looking set to break out – but when?
The gold market has continued to trade in a relatively narrow range once again today, with the December gold futures contract marginally above this morning’s […]
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 […]
Oil price forecast
Crude oil futures continued to trade in a narrow range once again yesterday, with the December WTI futures contract closing the oil trading session at […]
Gold forecast
An interesting day for the gold market yesterday, as December gold futures sold off initially, only to recover later in the session to close at […]
Forecast for the E mini YM index
Risk appetite evaporated yesterday once again, with the YM Dow e mini (YM) closing with a wide spread down bar on the daily chart. The […]
USD/CAD volumes decline on the daily chart
The USD/CAD is at in interesting point on the daily chart once again, having recovered from last week’s minor sell off, which saw the pair […]
Forecast for the USD index on the daily chart
The dollar index continues to remain firmly bullish on the daily chart, moving higher and breaking above the 81 region, as the currency of first […]
Daily VIX continues to remain bullish
Despite the recent bearish picture for equities in general the VIX on the daily chart continues to trade in a relatively narrow range as it […]
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, […]
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 […]