Copper now on life support
Just over a couple of weeks ago, I wrote a post about copper entitled – Dr copper requires some medical attention. Well I guess this can […]
2013
Amlin share price runs into congestion
Amlin (AML) appears to have run into stiff resistance on the daily chart, with the share price trading in a narrow range between 435 to […]
Dollar yen now preparing to test 100 – again!
We had to put the 100 birthday party on ice the other day, as the USD/JPY stumbled up the steps on arrival at the celebration, […]
Prediction for the Euro Dollar
A significant day for the euro dollar yesterday, which closed the forex trading session with a wide spread up candle, breaking out of the recent […]
Aussie dollar bouncing back
The 1.0600 region remains a bridge too far for the Aussie dollar, and indeed as I suggested in a post last week, the long legged […]
EUR/GBP breaking higher once again
The EUR/GBP like many other euro pairs continues to defy the euro skeptics with the single currency continuing to recover from the after shocks of […]
Gold and silver in the eye of the storm
” Does the Flap of a Butterfly’s Wings in Brazil Set Off a Tornado in Texas” comes from Chaos Theory to describe how tiny variations […]
Analysis and forecast for silver prices
I thought it was time to take a detailed look at the silver market once again today, as it’s a while since my last post […]
Long legged doji candle signals warning on Aussie Dollar chart
Are we seeing yet another failure at the 1,0600 region for the Aussie dollar? Yesterday’s price action would certainly suggest this is the case, with […]
USD/CAD continues sliding lower in bearish tone
The USD/CAD continued to move lower once again yesterday, ending the forex trading session with a wide spread down candle and closing the session at […]
The USD/JPY turns 100 today !!
Today is the day that the Yen turns 100, and if he or she were living here in the UK, a telegram would be winging […]
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 […]
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 […]