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 […]
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EUR/JPY set to move higher on the daily chart
With the US markets closed today for the annual Thanksgiving holiday, many currencies have struggled to find any traction, but not the Yen, which continues […]
Enjoy the ride higher with the GBP/JPY
The GBP/JPY has reflected the negative sentiment for the Japanese Yen during the London trading session, with the pair moving sharply higher on fundamental news, […]
Where next for the USD/JPY on the daily chart?
The dollar yen moved higher once again yesterday, closing at 81.67 on the daily chart, and this positive sentiment has continued once again in this […]
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 […]
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 […]
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 […]
GBP/USD continues to test the 1.6000 level
A week of two halves for the cable which saw positive sentiment for the British Pound early in the week with a test to the […]
Bearish tone continues for Aussie Dollar on daily chart
The Aussie dollar continues to remain weak following the surprise cut in interest rates by the RBA which gave additional momentum to the move lower. […]
Aussie dollar bearish on the MT4 daily chart
Following yesterday’s wide spread down bar on the AUD/USD daily chart, which moved lower following the surprise rate cut by the RBA, the pair have […]
US dollar index remains bearish on the daily chart
The December US dollar index futures contract plunged lower once again in yesterday’s futures trading session, closing the day below the psychological 80 region, and […]
GBPJPY – Moving Lower
Last Thursday’s short call on the 240 min gbpjpy chart duly in the overnight Asian session, since when the pair has continued to move lower. […]