Yesterday’s price action confirming weakness in oil
If any further evidence were needed of the bearish sentiment towards oil, yesterday’s price action confirmed this weakness once more, as the commodity attempted to […]
April 2014
Patience is the key with the USD/JPY
If the end of 2013 for the USD/JPY could be described as dramatic, the start of 2014 could be summed up as ‘after the Lord […]
Prepare for a bullish breakout in the GBP/JPY and GBP/USD
Following a sustained period of sideways consolidation over the last two weeks, the GBP/JPY appears to be preparing for a further test of the 173 […]
Tough times for EUR/USD forex traders
It’s been a tough couple of weeks for eurodollar traders, with the pair trading in a congested range, testing the 1.3780 floor to the downside […]
WTI oil futures now preparing to break below $100 per barrel
Whilst commodities such as nickel and coffee have been offering longer term investors excellent returns this year, and with soybeans set to join the party […]
Silver prepares to rally … along with gold!
Longer term investors in both gold and silver have no doubt become increasingly frustrated over the last few months, as first the metals gain some […]
Long legged doji candle signals indecision on the NQ E-mini
Yesterday was a day of indecision for many markets, with prices oscillating back and forth as recent short term trends stuttered to a halt once […]
Are commodities a better long term bet?
For longer term investors, equity markets have generally remained the risk asset class of choice. However, with equities around the world now finding it hard […]
A seminal day for the NQ E-mini Index
For many investors and traders, the Nasdaq index remains the bellwether of any economic recovery, given the fact that tech stocks are one of the […]
Crude oil futures pause ahead of oil inventory data
The recent bullish trend for crude oil, appears to be running into a stubborn area of price resistance on the daily chart in the $104.50 […]
Cable preparing to test 1,6800 once more
The last few days have once again seen Cable test the 1.6800 region, only to fail and reverse once more, with the June futures contract […]
Bullish momentum for the AUD/USD continues
The Aussie dollar continued to build on the bullish momentum of the last few weeks, with the June futures contract closing the session with a […]