Crude oil futures reverse on short term weakness
Crude oil futures continue to find it hard work moving higher, with the August WTI contract failing to breach the $107.50 per barrel level, with […]
2014
Currency futures finding it tough – except for the Canadian dollar!
The Aussie dollar has continues to find it hard going over the last few weeks, as the pair find the 0.9400 price region a tough […]
Crude oil futures pick up their bullish momentum again
Crude oil futures have once again regained their bullish tone, following the pause and reversal earlier in the week, which saw the July WTI contract […]
Currency futures point the way forward for EUR, CAD, AUD and GBP
As markets pause ahead of this evening’s FOMC meeting, time to take a look at the technical picture for four of the currency majors, namely […]
Risk and sentiment on the Yen index
Most forex traders will be familiar with the Dollar index, but few may know there is an equivalent Yen index which is of equal importance […]
Interest rate differentials now rising to the top!
In 2007 the world changed, and for traders changed beyond recognition. Prior to these cataclysmic events most financial markets operated on one where price discovery […]
Commodities reflect the global tensions
In any escalation of political tension oil and gold are the two key commodities to watch. For oil the breakout and surge higher was largely […]
Equity markets pause along with the VIX
Whilst the ongoing conflicts in both the Ukraine and Iraq are beginning to impact world markets, yesterday’s price action was less severe than expected. In […]
Gold recovers, but the rally looks weak
On the daily gold chart we are at an interesting phase of price action. The weakness in the price of gold has been clearly evidenced […]
Aussie dollar continue in bullish tone
The bullish tone for the Aussie dollar continued overnight and into this morning’s London trading session, with the daily chart of the June futures contract […]
Time to dust off the worry beads!
Whilst everyone’s attention on Friday was focused on the monthly circus which is the NFP, the VIX on the other hand slipped quietly and almost […]
Bullish tone for oil with Chinese data the catalyst
On a relatively quiet day in terms of fundamental news, markets were left to reflect on Friday’s NFP data and the statements from the ECB […]
Emini index futures all singing the same song!
Yesterday was a seminal day for equity markets in the US, with all the major indices breaking through key technical levels, as the bullish momentum […]
What a signal on the daily euro dollar futures chart!!
Yesterday’s price action on the daily 6E June futures contract for the euro dollar was a master class, both in terms of market manipulation, and […]
Canadian dollar under pressure on June futures
In my post of 28th May I suggested that the Canadian Dollar was approaching a key turning point as it was heavily overbought as displayed […]
Eurdollar pauses, and pauses, and pauses…….
With so many column inches and air time being devoted to tomorrow’s key interest rate decision by the ECB, and in case you’ve been on […]
Traders and investors continue to climb the wall of worry
As equity markets continue to ‘climb the wall of worry’ and with so many market commentators predicting the imminent collapse of the current bull run, […]
Oil prices pause once again at stubborn resistance level
Oil appears to have run out out of steam once again, following the bullish rally during May, with $104 per barrel once again proving to […]