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 […]
2013
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 […]
Gold bugs hoping for some Spring sunshine
Gold continued to trade in a narrow range once again yesterday, with the April gold futures contract closing marginally lower and ending the gold trading […]
May crude oil futures continue to remain bullish
May crude oil futures continued to climb higher once again in yesterday’s trading session, closing at $96.51 per barrel, with a narrow spread up candle […]
Volume price analysis holds the key for silver
As the old saying goes, another day and another dollar. Well not quite, and for silver traders it’s getting to the stage where a dollar […]
WTI crude oil futures continue in bullish tone
Crude oil futures started the week in bullish tone, with the April WTI contract closing higher at $94.81 per barrel, up almost $1.50 in the […]
Where next for WTI crude oil futures following week of indecision?
This was a week of indecision for crude oil futures, with the May WTI contract ending marginally higher, following five days of price action which […]
Soybean futures prepare for 1485 cents per bushel – again!
May Soybean futures appear to be ending the week, much as where they started, trading in a tight range between 1400.00 to the downside and […]
Euro dollar bulls return in force!
With the Eurozone apparently having consigned the recent crisis in Cyprus to the ‘old news’ drawer in the filing cabinet, the Euro is picking up […]
Aussie dollar continues to remain bullish on daily chart
The AUD/USD has continued to climb higher once again this week, following the extended bearish trend lower, which saw the pair fail at the 1.0600 […]
YM Emini index futures consolidate in 14,350 area
The YM Emini contract continued to trade in a narrow range, yesterday and overnight on Globex, closing with a narrow spread down candle with the […]
Gold now building rising triangle pattern on the daily chart
Gold continued to ease higher once again yesterday, with May gold futures on Globex closing at $1613.80 per ounce, up just over $8 per ounce […]
Dr copper requires some medical attention!
Doctor copper is anything but on the daily chart, as the May futures contract traded lower once again today, following yesterday’s sharp sell off, which […]