Euro dollar finally finds some momentum – courtesy of the US dollar
It’s been hard going for the euro dollar throughout June, as the pair continued to grind their way higher and off the lows of 1.3520 […]
Forex Market Analysis
Aussie dollar moves cautiously higher following RBA statement
Like the GBP/USD, the Aussie dollar is another currency pair which is now starting to break out from a recent phase of price congestion, but […]
GBP/USD breaks out as bullish trend continues
Yesterday’s forex trading session was a seminal one for the GBP/USD which finally broke out as expected, moving firmly away from the 1.7000 price point, […]
Catch up with my latest currency forecasts
Catch up with my latest currency forecasts over at FXstreet.com. These are updated weekly and now include both the majors and cross currency pairs, so […]
Currency futures finding it tough – except for the Canadian dollar!
The Aussie dollar has continues to find it hard going over the last few weeks, as the pair find the 0.9400 price region a tough […]
Currency futures point the way forward for EUR, CAD, AUD and GBP
As markets pause ahead of this evening’s FOMC meeting, time to take a look at the technical picture for four of the currency majors, namely […]
Risk and sentiment on the Yen index
Most forex traders will be familiar with the Dollar index, but few may know there is an equivalent Yen index which is of equal importance […]
Interest rate differentials now rising to the top!
In 2007 the world changed, and for traders changed beyond recognition. Prior to these cataclysmic events most financial markets operated on one where price discovery […]
Aussie dollar continue in bullish tone
The bullish tone for the Aussie dollar continued overnight and into this morning’s London trading session, with the daily chart of the June futures contract […]
What a signal on the daily euro dollar futures chart!!
Yesterday’s price action on the daily 6E June futures contract for the euro dollar was a master class, both in terms of market manipulation, and […]
Canadian dollar under pressure on June futures
In my post of 28th May I suggested that the Canadian Dollar was approaching a key turning point as it was heavily overbought as displayed […]
Eurdollar pauses, and pauses, and pauses…….
With so many column inches and air time being devoted to tomorrow’s key interest rate decision by the ECB, and in case you’ve been on […]
Aussie shorts tricked by release
There is always a huge debate about whether it is better to be a technical trader or a fundamental trader. Technical traders believe they are […]
Where next for the US dollar?
Following continued bullish momentum for many of the major currency pairs, these are now approaching key technical levels, which if breached could prove to be […]
Patience is the key with the USD/JPY
If the end of 2013 for the USD/JPY could be described as dramatic, the start of 2014 could be summed up as ‘after the Lord […]
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 […]
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 […]