USD index waiting for NFP trigger!
Ahead of today’s first non farm payroll numbers of the last quarter it’s ironic to think that a forecast of 178k is supposed to […]
Major Currency Pairs
JPY index reflects market mood
A day for pausing and reflection on the Yen index following Gov Kuroda’s comments earlier this week, and ahead of today’s non farm payroll data. […]
USD/JPY struggling to break above 100
Following an extended period of sideways price action in the 96 to 98.50 region, which lasted throughout much of August, the usdjpy has finally found […]
US dollar index chart analysis
As one month ends, so another starts, and in particular it’s the traditional Labor Day celebration tomorrow in the US which marks the end of […]
Euro dollar surges higher, but watch the US dollar
An interesting day for the euro dollar which has seen the pair soar from a low of 1.3204 to trade, at time of writing, at […]
The yen index – barometer of risk
As mentioned in the previous post, the Yen index can give us an excellent perspective of market sentiment, given the Yen’s unique position within the […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
Yen index delicately poised, just like the USD index
Just like the US dollar index, the yen index too, is in a delicate phase of price action on the daily chart. Following the extended […]
Euro dollar in bullish mood!
As with cable, so for the eurodollar, which has also benefited from the recent volatility in the US dollar and once again caused the euro […]
Cable bulls rejoice as dollar weakness drives pound
An interesting technical picture for cable on the daily chart which has seen the pair surge higher in early trading today, and currently testing (at […]
Yen index looks set for further bearish momentum
The Yen index continues to reflect some interesting price action on the daily chart, for the Japanese yen against a basked of the major currencies, […]
Euro bears celebrate, but not for much longer?
Euros bears will no doubt have been heartened by the sharp sell off in the eurodollar which saw the pair pullback from the 1.34 region […]
USD/JPY volumes hold the key!
The last few weeks have produced an interesting phase of price action for the usdjpy, with the pair coming to a shuddering halt at the […]
USD/JPY bouncing back to test 100 again
As the week, month and quarter all come to an end I thought it would be useful to consider the daily chart for the usdjpy […]
EUR/USD bullish momentum continues – but watch the volume!
Bullish momentum for the eurodollar shows little signs of abating just yet – or does it? Since late May we have seen the single currency […]
Aussie dollar reaching buying climax?
Following the extended bearish phase for the AUD/USD the question that everyone is asking now, is whether this trend has run its course, or are […]
An interesting technical picture on the USD/CAD daily chart
An interesting technical picture is currently developing on the daily chart of the USD/CAD, following the recent sharp move lower for the pair after the […]
Euro dollar bears squeezed again
Another week of pain for the euro bears, as bullish momentum continues to build once again for the EUR/USD, and from a technical perspective, a […]