Forecast for the E mini YM index
Risk appetite evaporated yesterday once again, with the YM Dow e mini (YM) closing with a wide spread down bar on the daily chart. The […]
Stock Market Analysis
Forecast for the USD index on the daily chart
The dollar index continues to remain firmly bullish on the daily chart, moving higher and breaking above the 81 region, as the currency of first […]
Daily VIX continues to remain bullish
Despite the recent bearish picture for equities in general the VIX on the daily chart continues to trade in a relatively narrow range as it […]
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 […]
Forecast for Apple share price this week
Apple continued to move lower once again last week, closing on Friday at $604 following an initial rally on Monday which saw the stock move […]
VIX looks set to move higher on daily chart
Last week was one best described as a game of two halves, with the volatility of the first half of the week, which saw the […]
E-mini Dow remains bearish on the daily chart
The e-mini Dow futures contract for December closed marginally lower on Friday, closing the day and the week at 13054, as the index tested the […]
Market analysis and forecasts for this week
Over the last few weeks, price action in virtually all the principle capital markets has been characterized by two aspects, namely indecision and a lack […]
Expect further weakness on the daily US dollar index chart
This week, was of course, dominated by one item of news, which was the much heralded announcement by the Federal Reserve on Thursday of a […]
US dollar index remains bearish on the daily chart
The December US dollar index futures contract plunged lower once again in yesterday’s futures trading session, closing the day below the psychological 80 region, and […]
Money Show video – why the forex market is so important
A few weeks ago I was invited by the Money Show to present a 45 minute webinar on a topic of my choice concerning trading […]
FX street – expert contributor analysis for this week
As an expert contributor to FX street, I provide a weekly forecast for the EUR/USD, GBP/USD, USD/JPY and the USD/CHF which are published every weekend. […]
Market forecast following statements from Draghi and Bernanke
The last seven days have seen the financial markets dominated by two key items of fundamental news. The first from Fed Chairman Ben Bernanke in his annual […]
Market Roundup
Last week was a very difficult trading week as all the capital markets lurched first one way then the other under the mounting pressure of […]
Nothing Celestial About These Twin Banking Giants!
A quick post in response to a question I have been asked about two British banks, Lloyds TSB & RBS both of whose share price […]
UK and US equities and update on stock portfolio
A solid end to the week for US equities, which saw the DOW 30 close at 12,391.25, having opened the session at 12,318.67, with investor […]