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 […]
2013
Crude oil remains volatile
In my previous post on oil I suggested we were waiting for a clear breakout from the recent extended phase of sideways price congestion which […]
Gold preparing to breakout – higher this time!
Despite the recent minor pullback in the price of gold, which has seen the precious metal retest the $1380 per ounce price point in the […]
Markets now preparing for dramatic end to 2013
As we all know trading during the summer months has always been tricky with thin liquidity adding an extra layer of volatility, but yesterday’s Labor […]
US dollar index chart analysis
As one month ends, so another starts, and in particular it’s the traditional Labor Day celebration tomorrow in the US which marks the end of […]
Win/win for the price of gold!
Is the worst over for gold bugs? Well it would certainly seem so, as we now have a confluence of factors which should all help […]
Prepare for possible breakout in oil
Whilst stock traders would have done well, to sell in May and go away, oil traders may also now be wishing they had followed this […]
The VIX is low – is it time to go?
With the long summer days now coming to an end, it’s time to re-visit that perennial gauge of market risk, the VIX for a view […]
Euro dollar surges higher, but watch the US dollar
An interesting day for the euro dollar which has seen the pair soar from a low of 1.3204 to trade, at time of writing, at […]
Where next for WTI crude oil futures?
The WTI September crude oil futures contract is now building into an interesting phase of price action, and in many ways is mirroring a similar […]
Two (not three, just yet) cheers for gold bugs
An interesting trading session for gold bugs today, as the precious metal appears to be attempting to breakout of its recent malaise in the $1280 […]
The yen index – barometer of risk
As mentioned in the previous post, the Yen index can give us an excellent perspective of market sentiment, given the Yen’s unique position within the […]
Where next for the US dollar?
Trading during these summer days can be tricky, not least because of relatively thin volumes and a general lack of participation. Therefore, it can be […]
Crude oil futures now testing key level
An interesting technical picture is now starting to develop on the daily chart for crude oil following a period of some volatility in the light […]
Gold continues to remain very bearish
A quick update on last week’s post (where next for gold) in which I suggested further movement to the downside for the precious metal, and […]
NQ index leads the way out of recession
Given the debate in the media of whether equities have peaked once again, I thought it be useful to take a look at the NQ […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
Where next for gold – good question!
The price of gold is probably the most hotly debated topic amongst the financial community, with its fans and opponents holding deeply entrenched views and […]