Bearish sentiment continues for USD index
The bearish picture for the US dollar index has continued this week once again, with Tuesday’s failed attempt to rally adding further downwards pressure to […]
The bearish picture for the US dollar index has continued this week once again, with Tuesday’s failed attempt to rally adding further downwards pressure to […]
A solid end to the week for US equities, which saw the DOW 30 close at 12,391.25, having opened the session at 12,318.67, with investor […]
As I outlined in one of my posts at the start of this year, I expect to see commodities perform extremely well in 2011, and […]
The bearish technical picture for the USD index continued once again last week, and much as I expected, ending on Friday with a wide spread […]
The hammer candle of two weeks ago on the dollar index chart, duly delivered the expected bounce for the dollar, which closed Friday’s trading session […]
Spot silver extended its recent bullish rally again yesterday ending with a wide spread up candle which finally took the commodity back above $30 per […]
US equities continued higher once again yesterday with both the Russell 2000 and 3000 ending higher on the day, the former at 81.23 and the […]
An interesting week for the US dollar, which finally managed to find some traction on Thursday and Friday, bringing a temporary halt to the long […]
The WTI contract continues to lag Brent which breached the $100 per barrel price handle last week and, in my opinion, the WTI will follow […]
A seminal day for the euro vs dollar yesterday which finally managed to breach the 61.8 fib retrace level of the Nov 4 2010 high […]
Turbulence in Egypt is causing a variety of reactions across all markets which taken with the technical picture of the charts is likely to wrong […]
Despite this week’s economic releases being a bit of a “mixed bag” traders and investors have tended to remain broadly optimistic as evidenced by global […]
Sterling’s recent rally against the dollar certainly petered out with a bang yesterday, following release of dreadful UK gdp figures which came in at -0.5% […]
Latest post on my oil blog. WTI and Brent out of synch and spread is widest since Feb 2009. Brent is now correlating with S&P […]
In anticipation of the tsunami of fundamental news which starts overnight in Japan here is a quick technical round up for the majors: USDJPY The […]
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