Chinese firecracker starts New Year with a bang
If traders drifting back to their desks for the start of the new trading year were expecting a quiet start, Chinese economic news delivered a […]
Market Analysis
What I said, this time last year
As regular readers will know, every year I write an end of year analysis, with a look forward to what the new year is likely […]
No Monday morning blues for the Indices
With the Nikkei having fallen over 2% at the start of a new trading week and month, European and London traders could be forgiven for […]
The good news just keeps rolling in for oil traders
For oil traders and speculators the summer months continue to deliver stellar trading opportunities, and whilst equity investors are wringing their hands, the WTI contract […]
Aussie dollar bounces back on RBA rhetoric
It only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went sent completely […]
The trapdoor has finally opened for gold
Longer term gold investors and gold bugs I suggest should look away now as this week’s price action has finally broken below the level of […]
Gold continues to lose its shine
For gold investors and gold bugs, the current malaise in the price of gold is both relentless and remorseless with each minor rally promptly engulfed […]
Panic – what panic? Not according to gold!
Panic – what panic. Not according to the price of gold and whilst other markets have seen extreme volatility with equities plunging, currency pairs opening […]
Dr copper remains in intensive care!
Copper, like many other commodities holds a mirror to the Reuters Jeffries CRB index, which continues to wallow in a sea of bearish sentiment on […]
Oil price war continues as OPEC tighten the screw
As we come towards the end of another trading month, crude oil price remain firmly rangebound as OPEC’s policy of taking on the alternative energy […]
Round up of the currency majors as USD continues to remain weak
With the US dollar continuing to remain under pressure, despite last week’s positive jobs data, and with various central bank governors adding their weight to […]
There’s only one game in town for oil traders longer term!
For longer term oil traders, it is perhaps the weekly chart which sums up most concisely the current price action for the commodity, which could […]
Big moves on the USD index, JPY index and EUR index
It’s been another fascinating day on the forex markets with some big moves on the principle indices of the US dollar index, the yen index […]
Copper prices continue to fall and move below key support
The bearish trend for copper continued once again on Friday, with the commodity closing with a wide spread down candle and ending the week at […]
Signals were there on the CAD/USD daily chart
The recent rally for the CAD/USD which has seen the futures contract rally from the lows of late March in the 0.7820 region, to the […]
Copper and base metals falls on strong USD and weak Chinese data
Copper, along with several of the other principal base metals fell sharply this week as a resurgent US dollar drove many commodities lower, with both […]
US dollar finds some love at last
Last week was once again a bearish time for the US dollar which continued the longer term negative sentiment on the daily USDX chart, with […]
USD index, EUR index and JPY index all testing key levels
From a technical perspective, yesterday was another important one for the US dollar index on the daily chart, with the currency of first reserve weakening […]