Prepare for a bullish breakout in the GBP/JPY and GBP/USD
Following a sustained period of sideways consolidation over the last two weeks, the GBP/JPY appears to be preparing for a further test of the 173 […]
Major Currency Pairs
Tough times for EUR/USD forex traders
It’s been a tough couple of weeks for eurodollar traders, with the pair trading in a congested range, testing the 1.3780 floor to the downside […]
Cable preparing to test 1,6800 once more
The last few days have once again seen Cable test the 1.6800 region, only to fail and reverse once more, with the June futures contract […]
Bullish momentum for the AUD/USD continues
The Aussie dollar continued to build on the bullish momentum of the last few weeks, with the June futures contract closing the session with a […]
Forex round up as London gets underway
On a slow news day, with only Construction PMI on the horizon in the UK, Ukraine will continue to dominate. Overnight focus was indeed on […]
EUR/USD maintains a bearish tone following flash CPI data
Many traders will know the eurodollar can be one of the trickiest pairs to trade, and for evidence of this we only have to consider […]
EUR/USD prepares for further move higher
If equity bears are having a tough time at present, euro bears have had a torrid time over the last few years, with each move […]
More patience required on the USD/JPY
The USD/JPY on both the daily and the weekly chart, was what I referred to as the ‘patience trade’, a concept that we all struggle […]
Euro bears reeling, but preparing for more punishment!
Trading with an opinion is perhaps one of the most dangerous traits of financial speculation, and yet it is one that we see time and […]
And the euro survives for another year!
As we come to the end of another trading year many forex traders will be wondering where the most heavily traded pair, namely the eurodollar […]
Flags flying as USD/JPY breaks away from pennant pattern!
Regular readers of my market analysis, and attendees at my online forex training webinars, will have seen me refer to the weekly chart for the […]
Appeal for help following Typhoon Haiyan
Please make a donation NOW Many of you reading this post, will already be aware of the devastation caused by Typhoon Haiyan which hit the […]
Bullish momentum returns for the US dollar
Not wishing to sound too smug, but in my post of mid October when everyone was writing off the US dollar, I did suggest that […]
Forex round up as we wait for NFP – or perhaps not!
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought […]
Volume price analysis answers all the questions for the AUD/USD
An interesting phase of price action is now developing on the weekly chart for the AUD/USD, and many forex traders are now asking whether the […]
USD/JPY preparing to breakout – but when?
If you were wondering what was happening with the USD/JPY, then a glance at the weekly chart for the currency pair would provide you with […]
Weekly chart for GBP/USD now at an interesting point!
At the beginning of a new trading week it’s sometimes useful to step back and consider the dominant trend on a longer time frame, and […]
Euro dollar continues to defy the euro bears!!
As regular readers will know, I along with many other market commentators was expecting last week to be a pivotal one, given the interest rate […]