USD/JPY preparing to attack 100.00 level !
The USD/JPY appears to have run into a slight headwind in the short term on the daily chart, at the 96.60 area, with the pair […]
2013
Gold futures breaking above $1600 per ounce in early trading
April gold futures have picked up the bullish tone which began to develop towards the end of last week, helped by the news from Cyprus. […]
Silver futures preparing for bullish breakout?
Silver continued to trade in a tight range once again last week, with the May silver futures contract closing on Friday at $28.85 per ounce, […]
Dollar index picking up bullish momentum
The US dollar has picked up the bullish tone once again in early trading today, pushing through the 83 region, following two days of relatively […]
Euro pound struggles to break higher
The EUR/GBP continued to struggle at the 0.8750 area once again yesterday, ending the trading session with a doji candle, sending a clear signal of […]
Gold futures remain bearish despite modest gains yesterday
Gold bugs finally had something to cheer about today as April gold futures finally awoke from their recent slumbers, trading higher in today’s session, and […]
VIX now testing danger levels
The alarm bells are starting to ring, as the VIX pushes ever lower on the daily chart, moving inexorably towards single figures where danger awaits. In today’s […]
May Soybean futures prepare to break above 1580
Soybean futures is one of several commodities that have been trading in a narrow range recently, and following last week’s price action, are now delicately […]
Bank of Japan relaxes as dollar yen breaks out again
Another day of rest and relaxation for the Bank of Japan, as the USD/JPY pair pick up speed once again, and move inexorably towards three […]
USD/CAD looking set to break lower
The USD/CAD continued to trade in a narrow range once again last week, and extending the current consolidation phase, as the pair struggle to break […]
YM pushing ever higher
One of the conundrums (amongst many) that is perhaps puzzling to new traders and investors is why stock markets appear so positive in the face […]
VIX moving lower once again
Following the sharp move higher for the VIX on 25th February which saw the index touch an intra day high of 19.28, volatility has now […]
Gold market analysis 7 March 2013
Gold futures continued to trade in an extremely narrow range again yesterday, ending the trading session as a tiny doji candle and replicating the price […]
USDJPY bullish once again
The dollar yen is once again marching north having regained its bullish momentum in the past couple of days, it now looks set to break […]
AudUsd regains some positive momentum
The recent slide in the aussie dollar appears to have been halted, in part by this week’s fundamental news which included better than expected retail […]
USD Index moving strongly higher
A pivotal week for the dollar index on the daily chart which finally broke through resistance in the 81.50 area to currently trade at 82.42 […]
Eurodollar slides lower
With the inconclusive Italian elections now a dim and distant memory the euro, like many other markets is now looking to recover some poise following […]
Silver chart analysis
Silver futures have followed a similar pattern to gold this week having first attempted to recover some lost ground before ending yesterday’s trading session with […]