Euro weakness after Merkel fails to gain an outright victory
The euro is another currency which has been suffering in early trading at the start of a new week, as markets come to terms with […]
Major Currency Pairs
GBPUSD remains under pressure following Moody
Cable continues to remain pressured on the 60 minute chart following the release of the Moody downgrade for the UK economy which came late on […]
British pound driven by politics at present
As always with any currency, the forces which drive it can be many and varied, from fundamentals, relationships to interest rate differentials and sentiment. For […]
EU politicians breathe a collective sign of relief
And so the politicians in Europe and Brussels breathe an audible collective sigh of relief as their gold-plated pensions and executive perks look set to […]
Patience…patience for the Aussie dollar
For any longer term trend traders across the primary majors, these are testing times, not testing from a trading perspective, but testing one of the […]
The EUR/USD may be finding some support
It’s been another lacklustre week for the euro dollar as bearish sentiment continues to weigh heavily on the pair following the firm breakaway from the […]
British pound in the firing line…again
As forex markets get underway in the London session, the British pound is once again in the firing line as relentless downwards pressure drives the […]
The dollar, yen and euro stir from their slumbers
Ahead of NFP tomorrow, all the major currencies appear to have awoken from their slumbers with the US dollar, the Japanese yen and the euro […]
Cable in consolidation ahead of BOE
The positive sentiment towards the British pound as the result of much better than expected PMI data earlier this month appears to have run its course, […]
Yen index set for explosive breakout
With the markets awash with rumour and speculation concerning the Bank of Japan and its plans to reduce rates still further, and into negative territory, […]
Where next for the currency majors?
August was a month of almost perfect symmetry for the Aussie dollar, with the bullish sentiment of the first half, duly replaced with equally bearish […]
Cable continues to consolidate in a narrow range
Cable continued to consolidate last week in the after shock of Brexit, with the pair trading in a narrow range on the daily chart, and […]
USD/JPY now has 100 in sight
It was yet another interesting week for the USD/,which continued to remain firmly in the control of the bears, with the pair closing the week […]
Perfect price action on the CAD/USD chart
The daily chart of the CAD/USD is one of those examples where the description of technical analysis being an art and not a science, neatly […]
Risk on returns as yen pauses and falls
It’s not so long ago that many traders were bemoaning a lack of market volatility, from which we can only assume the trading gods have […]
Volume signals return of buyers to the GBP/USD
For the British pound, the new year brought little respite from the heavily bearish picture which continued unabated for much of January, against the backdrop […]
Copper and the Aussie dollar under the cosh
For commodity currencies, and commodities in general, with the exception of gold, it’s been a torrid start to the year, with the Canadian dollar under […]
Yen buying continues helped by North Korea
With equity markets once again under pressure as North Korea sends both physical and metaphorical tremors around the world, the USD/JPY in both spot and […]