EUR/AUD delivers another great trade
For those of you who came along to the forex trading room yesterday, the trade of the session was the EUR/AUD which reversed off the […]
Forex Market Analysis
Aussie dollar battered and bruised – but still fighting!
For the AUD/USD, along with many of the other currency majors, February has been characterized as a pause period on the longer term charts, as […]
All good things come to an end …. for the USD index
As forex traders it is often too easy to forget that even the strongest trends come to an end, or pause in their longer term […]
Cable in focus as we await BOE
Market focus this morning returns to the more mundane, namely the BOE inflation report and press conference with Gov Mark Carney, and it will be […]
It’s a MAD MAD world!
If we could capture the noise of the markets today it would reverberate to the sound of rattles. Rattles being hurled from both the Greek […]
USD/JPY now building a falling triangle
One currency pair which has moved out of the limelight over the last few weeks is the USD/JPY, and following the extended trend run higher […]
Surge in volume confirms weakness for the USD/CAD
With the combined effects of a strong and resurgent US dollar, coupled with the equally dramatic collapse in the price of oil, the USD/CAD has […]
Why are markets out of synch?
For speculative traders, the last few weeks have offered wonderful trading opportunities across all markets, and provided you have no directional bias, the opportunities are […]
Commodity currencies diverge against Sterling and euro
For several of the currency majors, last week was one of divergence, with the commodity dollar currencies of the Aussie dollar, the Canadian dollar and […]
Aussie dollar picks up bearish momentum again
The Aussie dollar was one of those currency pairs which finally capitulated and gave up the fight, as the US dollar juggernaut continued to flatten […]
USD/CAD – it’s all about volume
For the USD/CAD the start of the new year has seen little change in the longer term trend, with the bullish momentum of the second […]
Forex market roundup… after the SNB
After such a dramatic week for currencies, and with the reverberations still echoing around the markets, any news events this week are likely to seem […]
Binary Options Unmasked – now available on Amazon
It’s been a long time coming, but I am delighted to announce that my book on binary options, entitled Binary Options Unmasked, is now available […]
Spotlight on the Aussie dollar
With last week’s FOMC meeting and Friday’s Non Farm Payroll release firmly consigned to history, it seems that the temporary blip in the US dollar […]
A dramatic day for the currency markets
For the forex markets Friday was a curious yet dramatic day. Traditionally the 2nd of January tends to be associated with a gradual return to […]
What will the new year bring for the currency majors?
As we begin a new trading year, it’s always interesting to revisit the price action of the last twelve months using the monthly chart, not […]
USD index continues to build bullish momentum
For the US dollar, 2014 was most definitely a game of two halves, with the first seeing the currency meander in a tight range as […]
The Alice in Wonderland world of the markets
If you have ever read any of the enchanting and enduring books by Lewis Carroll, you might be excused for thinking that you had indeed […]