A day is a long time in politics … and for the GBP/USD!
They say a week is a long time in politics, but given the events of the past 24 hours perhaps we can now say […]
Trading education
Gold consolidating and moving to test key support…again
The extended consolidation phase for gold has continued once again this week with no end in sight just yet, and with bond markets now in […]
WTI oil continues to move higher ahead of inventories
It was another positive day for crude oil which continued its recent bullish momentum, moving firmly through the $60 per barrel price point to close […]
USDX at key tipping point this week
After the big fight at the weekend, the focus has shifted from Las Vegas back to Wall Street where the heavyweight contenders are now taking […]
CRB index now testing a key level
For commodities, and in particular some of the ‘premier league’ stars such as oil and copper, the last twelve months has seen sustained falls with […]
Mining and commodity stocks reflecting bullish momentum
With the CRB index now rebasing and base commodities starting to recover, mining and mining related stocks are now also reflecting the general uptrend, with […]
Bullish momentum continues for copper prices
Last week was another positive one for the price of copper, which continues to push its way higher, following the sustained downwards trend of 2014, […]
Oil builds bullish momentum following breakout
Much like gold, this was an interesting week for oil which until Thursday, had struggled to breach the well developed area of resistance that had […]
An exciting week ahead for traders in the GBP
Much as expected the recent bullish trend for Cable came to a shuddering halt on Friday, with the GBP/USD selling off sharply and wiping out […]
Gold…..good news for speculators, bad news for investors
It was an interesting week, to say the least, for gold traders and investors, with the former no doubt enjoying the dramatic and volatile moves […]
A significant move for gold on the daily chart
Gold finally capitulated on Friday, throwing in the towel and breaking dramatically through the key platform of support, which until then had managed to provide […]
Resistance continues to build for crude oil advance
For long term oil traders it’s been another week where patience will be rewarded in due course, as the commodity continues to test the $58.50 […]
Is silver signalling the next move for gold?
Despite the lack of any meaningful news, yesterday was another interesting one for metal traders, with both gold and silver offering excellent intra day trading […]
Where next for the USD, EUR and JPY ?
At the start of another trading week is perhaps a good time to take a look at the principle currency indices, and in particular those […]
Gold and silver both stuck in a narrow range
For gold and silver traders, it was another week which saw both metals move in a narrow range with the regions clearly defined on the […]
Finally something to cheer about for oil bulls
It’s been an interesting week for crude oil, which finally managed to find some bullish momentum, with only Friday’s close lower just failing to make […]
A key breakout for the USD/CAD on the daily chart
An extremely significant day for the USD/CAD yesterday, which finally ended its extended phase of congestion, a period of price action I have referred to […]
Gold and silver now testing key support levels
Today could be a seminal one for our the celestial metals of gold and silver, as each approach key technical levels on the daily […]