Wow! What an explosive start to the London forex session!!
After two days of terrific price action with risk on risk off sentiment swinging wildly, we were expecting a muted start to the London forex […]
forex analysis
Aussie in focus in the London forex session – don’t just read the headline numbers!
The focus in the London forex session was on the Aussie dollar following the overnight employment data, an interesting release which superficially appeared weak, yet […]
Faster timeframes and renko charts to find the opportunities in quiet markets
The US forex session was muted much as for the London forex session with the US on holiday and celebrating the 4th of July. IN […]
The power of the volatility indicator
In the US forex session first, we take a look at the GBP/CHF which had been the focus earlier in the morning, with a clean […]
US dollar drives the major currency pairs
An excellent US forex trading session, which was in sharp contrast to earlier in the day, with the US dollar providing some excellent trading opportunities […]
A great trading lesson on the GBP/JPY
The daily chart for the GBP/JPY is perhaps one of the most interesting at present as it highlights several trading related issues which apply to […]
Cable in consolidation ahead of BOE
The positive sentiment towards the British pound as the result of much better than expected PMI data earlier this month appears to have run its course, […]
Yen index set for explosive breakout
With the markets awash with rumour and speculation concerning the Bank of Japan and its plans to reduce rates still further, and into negative territory, […]
Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]
Cable drags down the bulls
One question I’m often asked by new traders which currency pairs they should they start with, and my suggestion has always been to consider Cable, […]
The US dollar : ‘the reports of my death have been greatly exaggerated’
With the brouhaha in Washington continuing to dominate both the financial and main stream media, and the deadline for a technical US default drawing ever […]
Forex round up as we wait for NFP – or perhaps not!
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought […]
Volatility, vigilance and volume – the three V’s to success!
The new trading week and month has started on a very sour note, as markets begin to digest the implications of the impasse currently underway […]
Volume price analysis answers all the questions for the AUD/USD
An interesting phase of price action is now developing on the weekly chart for the AUD/USD, and many forex traders are now asking whether the […]
USD/JPY preparing to breakout – but when?
If you were wondering what was happening with the USD/JPY, then a glance at the weekly chart for the currency pair would provide you with […]
To taper or not to taper – that is the question!
The FED’s decision not to announce the start of its taper program caught out many market participants, which is odd, as even a cursory glance […]
Weekly chart for GBP/USD now at an interesting point!
At the beginning of a new trading week it’s sometimes useful to step back and consider the dominant trend on a longer time frame, and […]
A significant week for the Yen index
Given last week’s flip flopping in the markets following the FED’s decision to postpone tapering, it’s always useful to take a look at a key […]