Multiple timeframes, and issues to be aware of using the daily charts
In the London forex session we take a look at a key plank of technical trading, which is using multiple timeframes, and in particular the […]
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The importance of related markets and fundamental data, trading forex
There’s only one currency in focus in this forex trading session and it’s the euro, following the release of key fundamental data earlier in the […]
Ahead of the FED DXY still looking for direction
Ahead of today’s CPI release for the US and FED minutes I just wanted to take a quick look at the DXY and suggest some […]
AUD/CHF reflects market uncertainty
For a Monday it’s been remarkably lively and I wanted to find a chart that not only reflected this, but also captured the indecision and […]
Where next for the EUR/USD ahead of Italian elections?
For longer term euro dollar traders and watchers, the daily chart on the MT5 platform for the EUR/USD is now at a key point, with […]
USD slide pauses
Recent sharp falls in the USD appear to have paused with the currency of first reserve now finding some support at the 90 price region […]
AUD/NZD – an interesting cross
We only have two central banks in play this week, namely the RBA and the RBNZ, and with their respective Governors both keen on wanting […]
Risk off as market waits for BOJ
Today’s risk off sentiment has been clearly reflected in the the Yen complex with the commodity pairs and USD/JPY falling the most, and only the […]
Euro duly delivers our forex webinar set up
Many thanks to those of you who came along to our forex webinars today. Both sessions provided us with plenty of examples of volume price […]
Summers over, Merkel manouvering, and FED flumaxed – another week ahead!
This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
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 […]
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And NOW in paperback too – order your copy TODAY! Here’s what people have been saying on Amazon, after buying the Kindle version: A Fantastic […]
Forecast for the US dollar on the daily USD index chart
Whatever the market we trade, and whether we are speculators, investors, swing or trend traders, there is one chart which always holds the key, and […]
USD/CAD continues lower with bearish momentum
Bearish momentum in the USD/CAD continued once again yesterday, building on Monday’s negative start to the week for the pair, moving lower once again today, […]