Volume price analysis answers all the questions for the AUD/USD
An interesting phase of price action is now developing on the weekly chart for the AUD/USD, and many forex traders are now asking whether the […]
September 2013
USD/JPY preparing to breakout – but when?
If you were wondering what was happening with the USD/JPY, then a glance at the weekly chart for the currency pair would provide you with […]
What are the driving forces for oil at present?
One of the questions that commodity traders constantly ask themselves, is the often imponderable one of ‘what is driving the price’, and for oil at […]
To taper or not to taper – that is the question!
The FED’s decision not to announce the start of its taper program caught out many market participants, which is odd, as even a cursory glance […]
Weekly chart for GBP/USD now at an interesting point!
At the beginning of a new trading week it’s sometimes useful to step back and consider the dominant trend on a longer time frame, and […]
A significant week for the Yen index
Given last week’s flip flopping in the markets following the FED’s decision to postpone tapering, it’s always useful to take a look at a key […]
Bullish momentum waxes and wanes for gold
To say that it has been volatile this week would be a gross understatement, but for gold traders in particular, Wednesday’s price action was certainly […]
The USD index reveals it all this week!
As I mentioned in my podcast at the start of the week, this was one which was likely to be characterised by some volatile, but […]
Summers over, Merkel manouvering, and FED flumaxed – another week ahead!
This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on […]
Frontier markets now opening up with Nigerian Index ETF
For many traders and investors, searching out higher yields and higher returns in exotic currencies and markets has been fraught with danger. Whilst higher returns […]
The gemini twins of market sentiment
It was generally assumed that last Friday’s Non Farm Payroll release would mark the beginning of the end of the FED’s bond buying program, as […]
Euro dollar continues to defy the euro bears!!
As regular readers will know, I along with many other market commentators was expecting last week to be a pivotal one, given the interest rate […]
The ebb and flow of risk on the VIX
There are many reasons why traders and investors should always keep a close eye on the VIX, but in these uncertain times it is even […]
Gold bounces back
Gold futures continue to trade in a relatively narrow range moving between 1360 per ounce to the downside and 1420 per ounce to the upside, […]
US dollar index remains weak after lacklustre NFP data
Last week’s trading in the US dollar could best be described as ‘after the Lord Mayor’s show’! As traders, investors or speculators, we had all […]
USD index waiting for NFP trigger!
Ahead of today’s first non farm payroll numbers of the last quarter it’s ironic to think that a forecast of 178k is supposed to […]
JPY index reflects market mood
A day for pausing and reflection on the Yen index following Gov Kuroda’s comments earlier this week, and ahead of today’s non farm payroll data. […]
USD/JPY struggling to break above 100
Following an extended period of sideways price action in the 96 to 98.50 region, which lasted throughout much of August, the usdjpy has finally found […]