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 […]
2014
Dr copper now preparing to break higher
Let me start with a quote from my last post on copper where I wrote the following: “……and for any recovery longer term, we will […]
Stopping volume now appearing on the daily gold chart
It’s been a roller coaster ride for gold over the last couple of months with the precious metal first rallying almost $200 per ounce, and […]
Thank you to all my readers
What can I say except thank you so much to all my readers for all your kind comments and emails which continue to flood in. […]
Is Dr copper still the bellwether of global economies?
In considering the daily chart for copper, there are several questions that instantly come to mind. First, is copper any longer the bellwether it once […]
Bullish tone continues for gold on breakout
Of all the markets and instruments that I comment on and write about, none attracts more strongly differing opinions than gold. Indeed I only have […]
E-mini NQ pausing but bullish momentum remains
Whilst daily charts give us a framework for intraday trading, it is often the weekly chart which gives us a broader perspective, the zoomed out […]
Bullish momentum for oil now coming to an end?
Last week was a volatile one for crude oil futures, with the April contract closing the week at $102.58 a barrel having touched $105 per […]
VIX continues to plot the ebb and flow
It’s been an interesting few weeks for equity markets, with the usual crop of doom and gloom ‘experts’ emerging from the undergrowth to call the […]
Forex round up as London gets underway
On a slow news day, with only Construction PMI on the horizon in the UK, Ukraine will continue to dominate. Overnight focus was indeed on […]
Bullish tone for gold set to continue
Gold’s recent bullish momentum appears to be holding firm for the time being, and indeed February has been a positive month with only minor pullbacks […]
NQ index leads the way …. again!
One of the best barometer’s of market sentiment is the NQ (e-mini future for the NASDAQ), and whilst many analysts were forecasting market meltdown the […]
The sun starts to shine again for gold bugs
As I have written many times before it has been a torrid time for gold bugs, who have seen the precious metal collapse from the […]
The growling bears retreat into the woods!
Looks like the markets just about managed to avoid a mauling by the bears, who have now temporarily retreated to lick their wounds! As mentioned […]
Is the GBP/CAD now running out of steam following weak UK data
This morning’s sharp sell off in the British Pound following poorer than expected PMI was almost universal and reflected not only in the majors and […]
A more balanced view from the VIX!
With so much focus on equity markets at present, and with many analysts suggesting that we are now coming to the end of the current […]
EUR/USD maintains a bearish tone following flash CPI data
Many traders will know the eurodollar can be one of the trickiest pairs to trade, and for evidence of this we only have to consider […]
An historic week for the FED, but what of the markets?
The first FOMC meeting this week is an historic one for many reasons. First it is the last time Ben Bernanke will chair the meeting. […]