For the true picture check out the NQ E-mini
It’s a nervous time for stock investors as the principal US indices continue to grind their way higher, but on a total lack of conviction […]
2015
Even the US dollar fails to spark gold or silver into life
It is perhaps significant, that even today’s tumble in the US dollar, has failed to provide any upwards momentum for either gold or silver, with […]
Big moves on the USD index, JPY index and EUR index
It’s been another fascinating day on the forex markets with some big moves on the principle indices of the US dollar index, the yen index […]
GBP/USD now testing a key level
With the euphoria of the UK election now just another statistic in the history books, the positive momentum the shock result injected into the British […]
Copper prices continue to fall and move below key support
The bearish trend for copper continued once again on Friday, with the commodity closing with a wide spread down candle and ending the week at […]
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 […]
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 […]