Resistance continues to build for crude oil advance
For long term oil traders it’s been another week where patience will be rewarded in due course, as the commodity continues to test the $58.50 […]
Forex Market Analysis
A classic trap move in the GBP/USD
The 1 minute chart for the GBP/USD delivered a masterclass of price manipulation by the insiders ahead of the BOE release at 9.30 this morning. […]
Where next for the USD, EUR and JPY ?
At the start of another trading week is perhaps a good time to take a look at the principle currency indices, and in particular those […]
A key breakout for the USD/CAD on the daily chart
An extremely significant day for the USD/CAD yesterday, which finally ended its extended phase of congestion, a period of price action I have referred to […]
A double whammy for oil
The short term rally for crude oil came to a shuddering halt this evening, as two items of fundamental news helped to push the commodity […]
Short term bearish trend for EUR/AUD continues in early trading
Following yesterday’s statement from the RBA which brought a temporary halt to the recent long term bearish sentiment for the Aussie dollar, the EUR/AUD has […]
Loonie – a barometer of the USD and oil
Today, of course, is FOMC day with the minutes due at 2.00 pm EST, and following in the wake of the dire NFP data on […]
Aussie strength reflected in the EUR/AUD following RBA
The focus for forex traders overnight was in Australia with the RBA taking centre stage with its decision on interest rates and associated statement. The […]
A classic trap move on the EUR/USD
With Greece firmly back in the picture, the outlook for the euro remains bearish against the US dollar, and with the recent rally for the […]
Crude oil remains heavily bearish with oil inventories coming!
Both the technical and fundamental picture for oil continue to remain heavily bearish, and even the short term effects of the problems in the Yemen, […]
US dollar bounces back
At the start of a another trading week which culminates in the monthly Non Farm Payroll release on Friday, it’s perhaps a good time to […]
US dollar blows the market apart
If there is one term which could best describe last week’s price action in the currency markets it would be that much over used word […]
Oil remains under pressure on all sides
From a technical perspective, last week was a seminal one for crude oil with the commodity finally breaching the platform of support in the $48 […]
Aussie dollar down and out
Bearish momentum has picked up once again in the Aussie dollar, following the Business Confidence release which came in worse than expected at 0 against […]
A significant time for the EUR/USD
Last week’s price action for the eurodollar was significant for several reasons. First, and perhaps most importantly, the congestion phase which began in late January, […]
USD on the march towards 100
An interesting morning for traders so far, with the London session well under way, and what is perhaps revealing is the continued rise in the […]
EUR/USD awakes from its slumbers
For longer term euro dollar traders, it’s been a time to watch, wait and be patient, which is exactly what we said in yesterday morning’s […]
Volume spike on the NZD/USD explained
Question Hi Anna, I have been studying your VPA methods extensively for the past several months. I must say it is very eye opening. I […]