Yen in focus as risk off sentiment continues
The Japanese yen remains firmly in focus this morning as fears of contagion concerning the Turkish lira continue to dominate the markets, with significant gapped […]
2018
September YM Emini now approaching key resistance
Whilst last week was generally positive for US equities with the main indices advancing, as we start a new trading week, for the Dow 30 […]
Eurodollar now testing key support
The weekly chart for the EUR/USD is another that is now developing an interesting pattern and moving to test a key level of support that […]
Gold remains very weak
For gold bugs the weekly chart for the December gold contract makes for dismal viewing, and despite the rally for gold intraday last week as […]
Gold remains weak on the December contract
The daily chart for the December futures contract for gold continues to develop an ever more bearish tone, and despite several attempts to rally in […]
Where next for Facebook?
For US markets it’s another busy week of earnings reports when over 140 of the S&P 500 companies will be reporting, but perhaps nothing is […]
The Dow Jones index continues to wallow
Whilst the Nasdaq and the S&P 500 continue to lead the way in US equity markets, it is the Dow Jones as reflected in the […]
Gold bears tearing the metal apart
For gold investors, 2018 is yet another that promised much at the start of the year before a combination of factors conspired against the precious […]
Risk reflected on the currency array
The current risk on sentiment in early trading is clearly in evidence on the currency array indicator for NinjaTrader as we focus on the yen […]
Risk barometers on your trading dashboard
As we move ever deeper into the holiday season, for traders and investors taking a week or two away from the screens it often takes […]
Key level now ahead for the NQ emini
For US stock traders and investors the last few months have ones which could best be described as interesting and exhilarating, with extreme volatility first […]
Patience required for gold investors
Over the years I have written extensively about gold and from an intraday speculative perspective there is, of course, always money to be made, whether […]
A trio of indices for currency traders
The three key currency indices of the dollar the yen and the euro have all signalled significant changes in market sentiment and momentum on the […]
Gold buyers step in ahead of the FOMC
In a recent post on gold I detailed how the precious metal had finally managed to find a degree of bullish momentum, but sadly this […]
Some data to consider ahead of the FED
Ahead of tomorrow’s FOMC some thoughts and data as to whether we can expect any shift from the consensus view expressed in the CME FED […]
Some lustre returns to gold on USD slide
An excellent session for gold today with the precious metal managing to halt its recent slide, a slide that had been precipitated by a more […]
Strong support for euro ahead of ECB
Ahead of Thursday’s ECB market the currency pair in focus will, of course, be the eurodollar which has been feeling the effect of recent positive […]
DXY once again at key levels
As I have written on several occasions a key level for the USD index has been the 90 price point, around which the index has […]