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 […]
Forex Market Analysis
Markets now preparing for dramatic end to 2013
As we all know trading during the summer months has always been tricky with thin liquidity adding an extra layer of volatility, but yesterday’s Labor […]
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 […]
Where next for the US dollar?
Trading during these summer days can be tricky, not least because of relatively thin volumes and a general lack of participation. Therefore, it can be […]
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 […]
Dollar index remains bearish, but for how much longer?
Some interesting price behaviour now building on the daily charts for the US dollar index and the Yen index, ahead of next month, as the […]
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 […]
Dollar index now waits for QE tapering
On a very quiet day for fundamental news I thought I would focus on the US in the light of the recent comments by Ben […]
Dollar index now testing the 11,000 level
Complementing the Yen index is of course the US dollar index, and whilst the daily timeframe is the usual chart of analysis, I have moved […]
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, […]
Dollar index waits for FED
Following a relatively subdued period of activity on the US dollar index chart, which saw the price action confined to a narrow range last week, […]
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 […]
The EUR/GBP continues to flirt with the 0.8600 area
The dear old EUR/GBP continues to struggle at the 0.8600 level, testing and retesting on an increasingly regular basis before pulling back to continue this […]