VIX moving lower once again
Following the sharp move higher for the VIX on 25th February which saw the index touch an intra day high of 19.28, volatility has now […]
Following the sharp move higher for the VIX on 25th February which saw the index touch an intra day high of 19.28, volatility has now […]
Gold futures continued to trade in an extremely narrow range again yesterday, ending the trading session as a tiny doji candle and replicating the price […]
The dollar yen is once again marching north having regained its bullish momentum in the past couple of days, it now looks set to break […]
The recent slide in the aussie dollar appears to have been halted, in part by this week’s fundamental news which included better than expected retail […]
A pivotal week for the dollar index on the daily chart which finally broke through resistance in the 81.50 area to currently trade at 82.42 […]
With the inconclusive Italian elections now a dim and distant memory the euro, like many other markets is now looking to recover some poise following […]
Silver futures have followed a similar pattern to gold this week having first attempted to recover some lost ground before ending yesterday’s trading session with […]
The unholy trinity of fundamental events which traders have had to face this week, namely the Italian elections, the Ben Bernanke 2 day testimony ends […]
The sell off in the usdjpy was just a further expression of the market’s extreme over-reaction to the Italian election which saw the anti-establishment 5 […]
An interesting day for cable yesterday which initially opened the trading session gapped down, following Friday’s downgrade, before ending the session as a relatively wide […]
Friday’s not unexpected downgrade for Sterling simply gave gbpusd bears another excuse to drive the pair lower. The news came late on Friday night […]
Equity bulls returned to the market on Friday and helped to drive the Dow Jones futures YM March contract higher once again testing the psychological […]
In a trading week dominated by politics in the shape of the US budget sequester on 1st March, testimony from Fed Chairman Ben Bernanke and […]
Despite having peeked over the strong resistance at 81.60 area, the dollar index has failed to follow through in today’s trading session, reversing sharply lower […]
The daily chart for the gbpjpy, like several other Yen cross pairs, is at an interesting technical point. Since early February the pair has been […]
At the end of another lively trading week silver futures continue to remain heavily bearish on the weekly chart, despite a modest recovery in Thursday’s […]
Yesterday’s price action on the US Dollar index was highly significant with the price once again testing the key resistance at 81.60, which defines the […]
Something a bit different for this post. I was asked to comment on the current share price for Lloyds Bank plc. Lloyds is a UK […]
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