US dollar index remains bullish despite GDP!
It was a strangely quiet end to the week for the US dollar and the dollar index, and despite GDP coming in with a negative […]
May 2015
Oil bears take control once again
It’s been an interesting few days for oil traders as OPEC’s decision and comments to take on the alternative energy market head to head in […]
Patience for gold investors – the good days will return!
Whenever I begin to write any analaysis of the gold chart I always do so with a slightly heavy heart, as I am very conscious […]
USD/JPY finally breaks out in all timeframes!
For longer term USD/JPY trend traders, the last few weeks have been ones where patience, patience and yet more patience have been the key as […]
US dollar surges higher as bullish momentum returns
Friday’s speech from Fed chair Janet Yellan rounded off a seminal week for the markets, with the US dollar bulls returning in force as her comments […]
Another false dawn for gold bugs ?
For gold bugs and longer term gold investors, it’s been another frustrating week as a further attempt to rally came to a shuddering halt on […]
Signals were there on the CAD/USD daily chart
The recent rally for the CAD/USD which has seen the futures contract rally from the lows of late March in the 0.7820 region, to the […]
Copper and base metals falls on strong USD and weak Chinese data
Copper, along with several of the other principal base metals fell sharply this week as a resurgent US dollar drove many commodities lower, with both […]
US dollar index gains as euro index looks weak
It’s been an interesting week for US dollar bears, as the currency of first reserve bounced back strongly, surging higher on Tuesday and Wednesday ahead […]
US dollar finds some love at last
Last week was once again a bearish time for the US dollar which continued the longer term negative sentiment on the daily USDX chart, with […]
Some good news for gold bugs at last!
Last week was a positive one for both gold traders and investors, in spite of the longer term outlook for the precious metal still looking […]
A dramatic week for US equities
Once again its been an interesting week across all the major markets with the US dollar becoming increasingly bearish, a slew of less than stellar […]
USD index, EUR index and JPY index all testing key levels
From a technical perspective, yesterday was another important one for the US dollar index on the daily chart, with the currency of first reserve weakening […]
WTI oil futures continue to build bullish momentum
Whilst one swallow does not a summer make, it was another positive day for the price of oil yesterday, with the WTI June futures contract […]
Volatility ebbs away for gold as it continues to consolidate
With the US dollar currently in a consolidative phase, gold is also pondering its next move as it continues to trade within a tight range. […]
US dollar index continues to consolidate
Last Friday’s non farm payroll almost came and went with a whimper, and whilst the headline number was in line with expectation, and certainly an […]
A day is a long time in politics … and for the GBP/USD!
They say a week is a long time in politics, but given the events of the past 24 hours perhaps we can now say […]
Spot the buying on the YM emini – and no prizes
One of the most popular weekly competitions that used to run in the newspapers here in the UK was called ‘Spot The Ball’. The object […]