USD/JPY bouncing back to test 100 again
As the week, month and quarter all come to an end I thought it would be useful to consider the daily chart for the usdjpy […]
Forex Market Analysis
Sell, sell, sell – well all except the US dollar!
Over the past few weeks Ben Bernanke has single-handedly managed to create the biggest market sell off since the dark days of 2008, whilst simultaneously […]
EUR/JPY poised at a key level
The daily eurjpy chart is delicately poised right now, and there are several interesting aspects to consider, before arriving at some firm conclusions for the […]
EUR/USD bullish momentum continues – but watch the volume!
Bullish momentum for the eurodollar shows little signs of abating just yet – or does it? Since late May we have seen the single currency […]
Aussie dollar reaching buying climax?
Following the extended bearish phase for the AUD/USD the question that everyone is asking now, is whether this trend has run its course, or are […]
How about an alternative investment ?
With markets in free fall at the moment and investors moving into cash and looking for alternative assets as investments, it may be apposite for […]
An interesting technical picture on the USD/CAD daily chart
An interesting technical picture is currently developing on the daily chart of the USD/CAD, following the recent sharp move lower for the pair after the […]
Euro dollar bears squeezed again
Another week of pain for the euro bears, as bullish momentum continues to build once again for the EUR/USD, and from a technical perspective, a […]
GBP/USD now broken above key resistance level
In a post last week on the GBP/USD I suggested that a break beyond the key resistance level in the 1.5600 region could provide the […]
GBP/JPY preparing to break higher and test resistance above
With the rush to the Japanese yen now appearing to have run out of steam, it’s a good time to be taking a closer look […]
Cable now delicately poised at key resistance level
Another day of bullish momentum for cable, which surged higher on sustained US dollar weakness, and ending yesterday’s forex trading session with a wide spread […]
Aussie dollar reaching potential reversal?
The weekly chart for the Aussie dollar makes for some interesting reading right now, following the extended phase of bearish momentum which has seen the […]
Bullish momentum continues for the EUR/USD
Euro bears are once again licking their wounds, desperately covering their short positions as the EUR/USD bounces back and looking to re-test the 1.3250 price area, […]
The yen index is now poised at key resistance level
Unlike the USD index, the Yen index is delicately poised below a key area of price resistance in the 7780 region, which has now been […]
USD index reverses on weekly doji candle
As we come to the end of another trading week, I just want to return to the USD index, following my post earlier this week […]
Bullish momentum returns for the USD/JPY
The dollar yen staged yet another of its notorious and acute corrections against the background of the usual media reaction, suggesting that the pair was […]
Dollar index reflects indecision in market’s view of USD
Following two weeks of solid gains for the US dollar, last week’s price action was an anomaly, given the sharp sell off in risk assets […]
EURGBP looking set to move higher
When trading the euro the vast majority of forex trades simply focus on one pair, namely the eurodollar. This is a great shame as they […]