Yen index looks set for further bearish momentum
The Yen index continues to reflect some interesting price action on the daily chart, for the Japanese yen against a basked of the major currencies, […]
forex analysis
Dollar index waits for FED
Following a relatively subdued period of activity on the US dollar index chart, which saw the price action confined to a narrow range last week, […]
Euro bears celebrate, but not for much longer?
Euros bears will no doubt have been heartened by the sharp sell off in the eurodollar which saw the pair pullback from the 1.34 region […]
USD/JPY volumes hold the key!
The last few weeks have produced an interesting phase of price action for the usdjpy, with the pair coming to a shuddering halt at the […]
The EUR/GBP continues to flirt with the 0.8600 area
The dear old EUR/GBP continues to struggle at the 0.8600 level, testing and retesting on an increasingly regular basis before pulling back to continue this […]
USD/JPY bouncing back to test 100 again
As the week, month and quarter all come to an end I thought it would be useful to consider the daily chart for the usdjpy […]
EUR/JPY poised at a key level
The daily eurjpy chart is delicately poised right now, and there are several interesting aspects to consider, before arriving at some firm conclusions for the […]
EUR/USD bullish momentum continues – but watch the volume!
Bullish momentum for the eurodollar shows little signs of abating just yet – or does it? Since late May we have seen the single currency […]
Aussie dollar reaching buying climax?
Following the extended bearish phase for the AUD/USD the question that everyone is asking now, is whether this trend has run its course, or are […]
An interesting technical picture on the USD/CAD daily chart
An interesting technical picture is currently developing on the daily chart of the USD/CAD, following the recent sharp move lower for the pair after the […]
Euro dollar bears squeezed again
Another week of pain for the euro bears, as bullish momentum continues to build once again for the EUR/USD, and from a technical perspective, a […]
GBP/USD now broken above key resistance level
In a post last week on the GBP/USD I suggested that a break beyond the key resistance level in the 1.5600 region could provide the […]
GBP/JPY preparing to break higher and test resistance above
With the rush to the Japanese yen now appearing to have run out of steam, it’s a good time to be taking a closer look […]
Cable now delicately poised at key resistance level
Another day of bullish momentum for cable, which surged higher on sustained US dollar weakness, and ending yesterday’s forex trading session with a wide spread […]
Aussie dollar reaching potential reversal?
The weekly chart for the Aussie dollar makes for some interesting reading right now, following the extended phase of bearish momentum which has seen the […]
Euro dollar bulls return in force!
With the Eurozone apparently having consigned the recent crisis in Cyprus to the ‘old news’ drawer in the filing cabinet, the Euro is picking up […]
Price prediction for the USD/JPY
The USD/JPY continued to climb higher once again today to currently trade at 83.63, building on yesterday’s bullish price action, which saw the pair breach […]
Prediction for the EUR/USD on the daily chart
The EUR/USD continued to climb higher once again yesterday, recovering virtually all the losses from the sharp sell off last week, which saw the pair […]