Soybean futures remain bearish following hammer candle
As the shock waves subside from the recent USDA report at the end of March, which sent the soft commodities plunging lower, Soybean futures, along […]
April 2013
Gold now testing key support levels again at $1555 per ounce
The sorry state of affairs for gold bugs continued once again yesterday, with the June gold futures contract ending the electronic session with a wide […]
Aussie dollar prepares to attack 1.0600 area again
A bullish day for the Aussie dollar yesterday, which ended yesterday’s forex trading session with a wide spread up candle, with prices returning to test […]
More pain for Euro bears as bullish momentum set to continue
Another day of pain for the Euro bears yesterday as the euro continued to climb higher once again against the US dollar, ending the session […]
Steroids, implants and botox – just what the Yen needed!
The Bank of Japan took control of it’s currency in grand style last week, having duly selected the largest hypodermic they could find, filled it […]
Where next for YM Emini index futures?
For longer term traders in YM futures, the index in April has continued the pattern of trading that we saw during the second half of […]
Perfect hammer candle and volume signalled Friday’s positive day for gold!
June gold futures staged a modest recovery on Friday, ending the day with a wide spread up candle and closing the week at $1575.90 per […]
Alarm bells ringing for gold bugs!
With commodities in general taking a hammering in the markets at the moment, neither silver or gold have escaped. In the last two days, the […]
The mad world of the US dollar
For those of you reading this, and old enough to remember, there was a comedy film many years ago with Spencer Tracy in the lead. […]
Aussie dollar running into resistance….. again!
The Aussie dollar appears to be running into resistance once again, following the recent bullish trend, which has seen the pair climb away from the […]
Silver bulls need bulls of steel now
Well, we had to wait a long time for it to arrive, but the breakout in silver is finally here, and for those of you […]
Corn, oats and soybean all plunge on USDA report
What an end to the month! If traders in soft commodities were expecting a quiet end to the first quarter of 2013, there was a […]
EUR/GBP – holds some clues for Euro traders
Following the minor drama in Cyprus, which has seen the Euro selling off against most major currencies, the question everyone is asking now, is whether […]
USD/JPY sliding lower but on falling volume
The USD/JPY has continued to extend the negative tone of the last few weeks once again in trading today, which saw the pair run into […]