Gold and the US dollar post Brexit
Ten days on from the momentous Brexit vote seems a good time to reflect on and review some of the principle markets and indices particularly […]
2016
Copper remains beaten down
Last week’s price action on the daily copper chart once again reflected the congestion phase for the base metal that has been building steadily since […]
Gold struggling to break away once again
As we prepare for a volatile week, with every catastrophic world event being laid at the door of the UK and Brexit, it’s time to […]
USD/JPY now has 100 in sight
It was yet another interesting week for the USD/,which continued to remain firmly in the control of the bears, with the pair closing the week […]
NQ emini leading from the back
The short term weakness we have seen over the last week in the US markets, was once again signalled on the NQ emini, which seems […]
Nervous anticipation for US indices !
Like nervous students awaiting their end of year exams, so the major US indices are all approaching new high ground with equal trepitation, with the […]
WTI oil testing $50 per barrel once again
Whilst many commodities reacted strongly to the US employment data on Friday, with a consequent surge higher on US dollar weakness, oil prices failed to […]
Oil prices continue to tip toe higher
For longer term traders and investors in oil, as we come to the end of another month with the latest weekly oil inventories now posted, […]
Curiouser and curiouser as the three sisters disconnect
As we move to the end of another trading month a feature now building in US equity markets is the apparent disconnect between the three […]
US equity bulls now approaching a key level
Bullish momentum for US equities remained firmly in the ascendency last week as bullish sentiment for the US dollar continues to weaken, and further extending […]
VIX continues to move ever lower to test key support
The daily chart for the VIX continues to remain heavily bearish with the index closing the first quarter at 13.10, and well below the highs […]
Bullish sentiment for gold draining away
The first quarter rally for gold appears to have run its course, with the precious metal now consolidating in a relatively tight range as bullish […]
Sentiment changing for the US dollar index
With the monthly brouhaha of non farm payroll now consigned to history, and as we start a new trading month, it’s time to revisit the […]
A subtle but important shift in the US indices?
As we move towards the end of the first quarter of the new year, it is interesting to consider one of the more subtle changes […]
Oil prices continue their stately progress higher
The word that comes to mind to describe the price action on the daily WTI oil chart is ‘stately’ with crude oil continuing to move […]
Gold finally breaks away from volatility candle
Gold prices finished last week in bullish mood once again following the extended period of price congestion which has seen the precious metal trade within […]
Bullish copper takes out key level
After the malaise of the last few months, copper finally nailed a key technical level firmly into place on Friday as the red metal surged […]
Perfect price action on the CAD/USD chart
The daily chart of the CAD/USD is one of those examples where the description of technical analysis being an art and not a science, neatly […]