Forecast for the USD/JPY on the daily chart
The USD/JPY continued to trade above the psychological 80 level once again today, despite testing the 79.95 level on the daily chart, before clawing it’s […]
Forex Market Analysis
Euro dollar looking weak and set to fall further
The EUR/USD continues to remain firmly bearish on the daily chart as the currency markets await the outcome of the US presidential election, with most […]
USD/CAD looks set to breach parity on daily chart
An interesting week for the USD/CAD which struggled to breach parity, and closed on Friday marginally lower, following a bounce off the low of the […]
Cable set for bearish move lower
The GBP/USD, along with other major currency pairs has moved lower in this morning’s early FX trading session, following Friday’s surge higher for the US […]
Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
Forecast for the US dollar index
The US dollar index ended the day and the week in bullish tone, closing with a wide spread up bar on the daily chart at […]
Daily VIX runs into resistance at the 20 level
The VIX closed yesterday’s US equity trading session at 16.69, having moved steadily lower throughout the day,, and ending with a wide spread down bar […]
Silver prices set to follow gold lower
The December silver futures contract closed yesterday’s trading session looking weak ahead of the Non Farm Payroll release, having attempted to rally during the session, […]
Forecast for December WTI crude oil futures
The December WTI contract for oil closed marginally higher yesterday, closing the oil trading session at $87.09 per barrel, as the commodity attempts to find […]
December gold futures remain bearish
In a shortened trading week following the devastation of Hurricane Sandy, the markets opened in muted tone, which was has also been reflected in gold, […]
NZD/USD starting to look bearish on the daily chart
The price action for the NZD/USD could best be described as desultory over the last few weeks, with the pair having failed to continue the […]
Despite minor pullback the GBP/JPY remains bullish
Not a currency pair for the faint hearted! The GBP/JPY can be an extremely volatile pair to trade yielding good profits quickly, but losses can […]
Forecast for the USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
Bullish signal on the USD/CAD daily chart
The USD/CAD closed the week in bullish mood, with the pair testing parity once again, a level not seen since late August, and closing the […]
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]
My FXstreet forecast for next week
You can catch up with my latest forecasts for next week on FXstreet and as you can see I’m still bullish on the EUR/USD and […]
GBP/USD continues to test the 1.6000 level
A week of two halves for the cable which saw positive sentiment for the British Pound early in the week with a test to the […]
USD/CAD forecast and analysis on daily chart
The usd/cad closed Friday’s forex trading session with a wide spread up bar, having opened at 0.9851 and closed the session at 0.9932, advancing firmly […]