Forex Technical Analysis AudUsd 7 Jan 2012
With little fundamental news in Europe today forex traders may wish to focus their attention on the commodity dollars and in particular on the Australian […]
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USD CAD Forecast 3 Jan 2013
As we start another trading year the usdcad pair has begun 2013 in much the same vein as it ended 2012, looking decidedly weak having […]
Bullish trend continues for GBP/USD
Cable continued to extend the recent bullish trend further once again today, with the pair breaking above the psychological 1.6200 price point on the daily […]
Aussie dollar forecast
Another day of narrow price action for the AUD/USD, as the pair once again struggled to find any meaningful momentum, trading in a tight range […]
Forex technical analysis – USD/CAD
The USD/CAD continued to move lower in yesterday’s forex session, adding further bearish momentum, following the failure to breach parity in mid November, with the […]
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 […]
Forecast for the EUR/USD today
Bullish momentum has returned to the EUR/USD once again, following Friday’s plunge lower for the US dollar, which sent the pair surging higher to test […]
Forecast for the USD/JPY
The USD/JPY surged higher in yesterday’s forex trading session, breaking through resistance in the 80.50 region, and closing with a wide spread up bar at […]
Forecast for GBP/USD on the daily chart
The GBP/USD continues to look bearish on the daily chart, having broken below the isolated pivot low of 23rd October in the last few days, […]
Forecast for the USD/JPY on the daily chart
The USD/JPY continued to trade above the psychological 80 level once again today, despite testing the 79.95 level on the daily chart, before clawing it’s […]
Euro dollar looking weak and set to fall further
The EUR/USD continues to remain firmly bearish on the daily chart as the currency markets await the outcome of the US presidential election, with most […]
USD/CAD looks set to breach parity on daily chart
An interesting week for the USD/CAD which struggled to breach parity, and closed on Friday marginally lower, following a bounce off the low of the […]
Cable set for bearish move lower
The GBP/USD, along with other major currency pairs has moved lower in this morning’s early FX trading session, following Friday’s surge higher for the US […]
Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
NZD/USD starting to look bearish on the daily chart
The price action for the NZD/USD could best be described as desultory over the last few weeks, with the pair having failed to continue the […]
Forecast for the USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
Bullish signal on the USD/CAD daily chart
The USD/CAD closed the week in bullish mood, with the pair testing parity once again, a level not seen since late August, and closing the […]
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]