Aussie dollar prepares to attack 1.0600 area again
A bullish day for the Aussie dollar yesterday, which ended yesterday’s forex trading session with a wide spread up candle, with prices returning to test […]
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More pain for Euro bears as bullish momentum set to continue
Another day of pain for the Euro bears yesterday as the euro continued to climb higher once again against the US dollar, ending the session […]
Steroids, implants and botox – just what the Yen needed!
The Bank of Japan took control of it’s currency in grand style last week, having duly selected the largest hypodermic they could find, filled it […]
The mad world of the US dollar
For those of you reading this, and old enough to remember, there was a comedy film many years ago with Spencer Tracy in the lead. […]
Aussie dollar running into resistance….. again!
The Aussie dollar appears to be running into resistance once again, following the recent bullish trend, which has seen the pair climb away from the […]
USDJPY bullish once again
The dollar yen is once again marching north having regained its bullish momentum in the past couple of days, it now looks set to break […]
AudUsd regains some positive momentum
The recent slide in the aussie dollar appears to have been halted, in part by this week’s fundamental news which included better than expected retail […]
Eurodollar slides lower
With the inconclusive Italian elections now a dim and distant memory the euro, like many other markets is now looking to recover some poise following […]
USDJPY pulls back sharply
The sell off in the usdjpy was just a further expression of the market’s extreme over-reaction to the Italian election which saw the anti-establishment 5 […]
Minor respite for Cable
An interesting day for cable yesterday which initially opened the trading session gapped down, following Friday’s downgrade, before ending the session as a relatively wide […]
Little respite for Cable
Friday’s not unexpected downgrade for Sterling simply gave gbpusd bears another excuse to drive the pair lower. The news came late on Friday night […]
USD index back in congestion
Despite having peeked over the strong resistance at 81.60 area, the dollar index has failed to follow through in today’s trading session, reversing sharply lower […]
GBPJPY looking to turn lower
The daily chart for the gbpjpy, like several other Yen cross pairs, is at an interesting technical point. Since early February the pair has been […]
Dollar index building momentum to the upside
Yesterday’s price action on the US Dollar index was highly significant with the price once again testing the key resistance at 81.60, which defines the […]
Eurodollar sharply lower
Before moving to an analysis of the price action in today’s trading session for the eurodollar, which has so far seen the pair move sharply […]
Eurodollar continues to be mildly bullish
The eurodollar continued to trade in a narrow range yesterday, ending the session with a narrow spread up bar before closing at 1.3388, as […]
Relentless slide in cable continues
The recent sell off in cable continues unabated with the pair now breaking below the 1.5550 price point and indeed at the time of writing […]
Eurodollar slides on poor GDP numbers
Today’s dramatic fall in the eurodollar appears to have been triggered by weaker than expected economic data from the eurozone which confirmed that the economy […]