Great moves in the euro pairs (not the EUR/USD!) using multiple timeframes
One of the key approaches for all forex traders is to use multiple timeframes which we explain in detail in this session. But not only […]
forex market analysis
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 […]
Yen buying dominates as the London forex session opens
A shortened session due to technical issues, but nevertheless plenty of price action to consider as we move from Europe into the London open which […]
EUR/GBP continues higher after trap move
Session crossovers, particularly in the transition from the Far East and Asia into the European and London session, are always a happy hunting ground for […]
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, […]
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 […]
The USD index reveals it all this week!
As I mentioned in my podcast at the start of the week, this was one which was likely to be characterised by some volatile, but […]
The gemini twins of market sentiment
It was generally assumed that last Friday’s Non Farm Payroll release would mark the beginning of the end of the FED’s bond buying program, as […]
Euro dollar continues to defy the euro bears!!
As regular readers will know, I along with many other market commentators was expecting last week to be a pivotal one, given the interest rate […]
US dollar index remains weak after lacklustre NFP data
Last week’s trading in the US dollar could best be described as ‘after the Lord Mayor’s show’! As traders, investors or speculators, we had all […]